Jinwu Financial News | Bank of China Securities said that in the context of the upcoming New Year's Day holiday in '24 and favorable immigration policies, consumption of snow and ice tours, outbound travel, etc. in the tourism market is expected to reach a new high, and the further recovery in demand for winter tourism and inbound and outbound business travel is worth paying attention to.
The 2024 New Year's Day holiday is approaching, and tourism markets around the world continue to heat up. This immigration policy continues to be relaxed. Travel agencies and tourist destination-related companies promoted by the winter tourism boom and favorable entry and exit policies deserve attention. The bank focuses on travel chain enterprises with strong certainty in subsequent performance growth and related industrial chain companies benefiting from the concept of winter tourism: Changbaishan, Huangshan Tourism, Lijiang Shares, Songcheng Performing Arts, Zhongxin Tourism, Lingnan Holdings, China Youth Travel, Haichang Ocean Park (02255), Tianmu Lake, Fengshang Culture, Dafeng Industrial; hotel chain brands benefiting from the recovery of business travelers and the expected increase in market share after the epidemic; international, Cree International, which benefits from employment promotion policies, promotes cross-border tourism recovery The restoration of tax exemptions at airports and the accelerated introduction of a new duty-free policy in the city, recommended China International Trade Association (01880), Wangfujing; Tongqing Tower, which undertakes the recovery in demand for catering and banquets; Yuyuan shares, a long-established local consumer brand; Miao Exhibition, a leading overseas exhibitor.