Source Gangtise Investment Research

analysts saidpennfierce36000During the May Day holiday in 2024, the overall tourist flow will be restored to 128% of the same period in 2019, and tourism revenue will be restored to 113% of the same period in 2019.pennfierce36000..5%, both tourist passenger flow and tourism revenue have reached new highs since liberalization (compared with the same period in 2019). Single-person consumption during the May Day holiday in 2024 will be restored to about 90% of the same period in 2019. Single-person consumption will decline slightly, mainly due to the significant decline in airfare and hotel prices compared with the same period in 2023, and the trend of consumption downgrade.