The top-level design of the tourism industry has been heavily released and the outbound tourism market has ushered in major benefits
[Securities Times] the State Council issued the tourism development plan for the 14th five year plan, which proposed to timely start the promotion action of inbound tourism, issue the support policy for inbound tourism development, size up the situation and take effective measures to promote the high-quality development of inbound tourism. Strengthen communication with tourist source countries and destinations in terms of international shipping, border passage, vaccination, tourism team organization, medical insurance, etc., and dynamically and accurately adjust the entry policies of visitors to China. Scientifically formulate and implement technical guidelines for the prevention and control of inbound tourism epidemic, strengthen the prevention and control of key personnel and key places for inbound tourism reception, and strictly implement the ticket real name reservation system.
Comments: affected by the macroeconomic situation, covid-19 epidemic and other factors, the tourism market is facing great downward pressure. In the third quarter of 2021, the total number of Chinese tourists decreased by 18.3% year-on-year, and the inbound tourism market is in a state of overall stagnation. With the heavy release of the top-level design and planning of the tourism industry, the inbound tourism market is expected to reopen and accelerate the recovery of the whole tourism industry. According to the report “analysis of tourism economic operation in 2021 and development forecast in 2022” recently released by China Tourism Research Institute, the number of Chinese tourists is expected to reach 3.98 billion in 2022, and China’s tourism revenue is 3.81 trillion yuan, an increase of 16% and 27% respectively year-on-year. The number of inbound and outbound tourists is expected to increase by 20% year-on-year. Driven by the favorable policies, the valuation of the tourism sector is expected to be repaired, and companies with outbound tourism business are more flexible.
Caissa Tosun Development Co.Ltd(000796) (000796): the company’s tourism sector is deeply engaged in the three markets of outbound tourism, inbound tourism and China tourism. The company is making efforts to build a whole tourism industry chain layout covering six elements of “tourism, shopping, entertainment, food, accommodation and transportation”. While deeply cultivating the inbound tourism and China tourism market and catering business in Hainan, the company will also actively enter the fields of tourism retail, health care and so on.
Xi’An Tourism Co.Ltd(000610) (000610): the company has two high-quality travel agencies, which are mainly engaged in outbound tourism, inbound tourism, China tourism, business award tourism, ticket agency and other businesses. Most of the hotels of the company are located in the business circle of Xi’an, with superior geographical location.
