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Hong Kong stock concept tracking | China's tourism industry has significantly recovered. OTA platforms continue to see high performance growth (concept stock attached)
On November 12, the State Council issued a decision to amend the "National Holidays and Memorial Days Holiday Regulations", including extending the Spring Festival and May Day holidays by one day each, adjusting and modifying the general work duration to not exceed 6 days before and after statutory holidays.
Hong Kong stock concept tracking | In 2024, the international tourism industry is expected to achieve or exceed the scale of 2019. The continued benefits to the tourism OTA platforms (including concept stocks).
OTA platforms will continue to benefit from the high growth of inbound and outbound travel as well as the prosperity of domestic travel.
Ctrip: 2025 statutory holidays announced, New Year's Eve ticket search popularity increased by 2.5 times.
After the announcement, the ticket search volume on the Ctrip platform during the Spring Festival in 2025 increased by 1.7 times, and the ticket search volume on New Year's Eve increased by 2.5 times.
Express News | The holiday arrangements for 2025 are here: both the Spring Festival and Labor Day have been extended by 1 day.
The Shanghai Import Expo started yesterday and will be held for six consecutive days. Tourism Bureau: Will continue to consolidate Hong Kong as a world-class preferred tourist destination.
The Hong Kong Tourism Board announced that the 7th China International Import Expo was held in Shanghai for six consecutive days starting from yesterday (the 5th). The Tourism Board has been showcasing for the seventh consecutive year this year, demonstrating Hong Kong's diverse touristic features as an international metropolis, including in-depth travel, the charm of being a city of grand events, and how Hong Kong takes the lead in promoting the Greater Bay Area tourism brand together with other cities in the region. Mr. Dane Cheng, the Executive Director of the Tourism Board, stated that the Import Expo is an important platform for Hong Kong to showcase its unique city image and tourist attractions internally and externally. The authorities will continue to strengthen Hong Kong's position as a world-class premier tourist destination and as a hub for Greater Bay Area tourism, playing its role in connecting Hong Kong internationally.
Tourism Board: The number of visitors to Hong Kong in September increased by about 10% year-on-year, with a nearly 40% year-on-year increase in the first three quarters accumulated.
According to the Tourism Board, the number of visitors to Hong Kong in September is close to 3.1 million, an increase of about 10% year-on-year, with approximately half of them being overnight visitors. In the first three quarters of this year, the number of visitors to Hong Kong has increased by nearly 40% year-on-year, with mainland and non-mainland visitors to Hong Kong seeing respective increases of 35% and 59% year-on-year.
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