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Tongchengtravel: During the first week of the Olympics, the booking demand for hotels in the core area of Paris increased more than four times annually.
According to data from tongchengtravel, during the first week of the Olympics, the average flight ticket prices from major cities in mainland China to Paris increased by more than 40% weekly, and the booking heat index for flights to Paris increased by over 150% annually. The booking heat index for hotels in the core area of Paris increased by over four times annually. (ta / cy) ~
Tongchengtravel launches the "Little Ace Aviator" Honor Challenge, share the certificate to win a free ride.
On July 25th, Gelunhui: the demand for parent-child travel during the summer vacation is booming. Recently, Tongcheng Travel launched the 'Little Ace Aviator' honor challenge activity. Users can order parent-child air tickets on the Tongcheng Travel platform and participate in civil aviation knowledge challenge activities. They have the chance to get free children's tickets. During this period, Tongcheng Travel's 6-member service centers across the country have taken multiple measures to help users travel during the summer. Specifically, from July 18th to August 31st, users who book parent-child air tickets on the Tongcheng Travel platform, that is, the air ticket order includes at least one child aged 0-12, can participate in the aviation knowledge challenge on the activity page to win a children's ticket issued by Tongcheng Travel.
Tuniu travel consumer report: the number of outbound tourists in the first half of the year increased by more than three times year-on-year.
On July 24th, Tuniu Travel released the 'Tuniu 2024 H1 Tourism Consumption Report'.
Puyin International: Maintains a "buy" rating for Tongchengtravel (00780) with a target price of HKD 18.
Pudong Development Bank International is expected to see a 48% year-on-year increase in revenue to RMB 4.25 billion for tongchengtravel (00780) in the second quarter.
CITIC Securities: Domestic tourism is expected to remain stable this summer, while the demand for outbound tourism continues to recover.
Domestic tourism during the summer is expected to remain stable, while demand for outbound tourism continues to recover. The resilience of leisure travel consumption demand continues to be validated.
Tongchengtravel (0780.HK): Core business is expected to grow steadily, with an increase in volume and a decrease in price for summer travel.
With the steady recovery of industry demand, we expect the company's second-quarter revenue to increase by 48% year-on-year to RMB 4.25 billion, which is basically in line with our previous expectations. Among them, we expect lodging income to increase by 14% year-on-year, and transportation ticket income to increase.
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