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As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
Express News | Qunar: Reservations for overseas travel during the Spring Festival 2025 have gradually reached their peak.
Where to go: During the Spring Festival, the number of outbound travel destinations increased by 157, and air ticket prices fell by 12% year-on-year.
The mainland travel platform Qunar has released the latest data showing that bookings for outbound travel during the Spring Festival next year have already peaked in advance. As of yesterday (the 18th), during next year's Spring Festival, the number of international flight and hotel bookings has increased by more than 100% compared to last year, with 157 more destination cities booked by travelers compared to 2024. So far, the prices of outbound Spring Festival flight tickets have decreased by 12% year-on-year. Among popular destinations, prices for flights to Hanoi, Vietnam; Jakarta, Indonesia; Tokyo, Japan; Male, Maldives; Cairo, Egypt; Ho Chi Minh City, Vietnam; and Bangkok, Thailand have decreased by 20%.
Ctrip CEO Sun Jie: The next 3 to 5 years will be a golden era for the tourism industry.
According to Pengpai, "The next 3 to 5 years will be a Golden age for the tourism Industry." On December 18, Sun Jie, CEO of Trip.com Group, stated at the 2024 Trip.com Group Global Partners Summit, "Because we have introduced many policies that are Bullish for tourism. The inbound policy is Bullish for our tourism Industry, and the country has also implemented significant support policies."
China has further relaxed its transit visa exemption policy, bringing bullish prospects for in-depth inbound tourism.
According to Peking Business Daily on December 17, Guolonghui, the stay duration for foreign travelers with visa-free transit is extended from the original 72 hours and 144 hours to 240 hours (10 days), with 21 new visa-free transit ports added, further expanding the stay activity area...
On the Qunar platform: This year's ticket booking volume for foreign travelers has nearly doubled compared to last year.
Starting from December 17, the transit visa exemption policy will be fully relaxed and optimized, extending the stay duration for exempt foreign nationals in the country from the original 72 hours and 144 hours to 240 hours.
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