Airline tickets are temporarily diving, hotel prices are rising again, and inbound and outbound travel is hot! Regulatory requirements in many places regulate operations
The countdown to this year's “May Day” holiday is in its final stages. When traveling during the holidays, transportation and accommodation costs are topics that can never be circumvented. Shortage of supply of high-speed rail, flights, and hotels due to concentrated tourist travel is the focus of recent netizens' comments.
Express News | Where to go: The number of hotel reservations in popular cities on the platform nearly doubled year-on-year
Gudou Holdings (08308.HK): Court rejects appeal filed by Guangdong Aoyuan
Gudou Holdings (08308.HK) issued an announcement. The company received a civil ruling dated April 15, 2024 from the Jiangmen Intermediate People's Court regarding the appeal and counterclaim filed by China Aoyuan on the cooperation claim. The board of directors is pleased to announce that according to the second ruling, the Jiangmen Intermediate People's Court ordered:
Gudou Holdings (08308) announced annual results, with losses attributable to shareholders of 133 million yuan, an increase of 92.45% year-on-year
Gudou Holdings (08308) announced its annual results for the year ended December 31, 2023. The group received revenue...
GUDOU HLDGS: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
GUDOU HLDGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
GUDOU HLDGS: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2023
GUDOU HLDGS: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022
Gudou Holdings (08308): Guangdong Gudou is preparing its application documents, and the hearing of the recorded application has not yet been decided
Zhitong Finance App News, Gudou Holdings (08308) issued an announcement. As of the date of this announcement, the following lawsuits are still in progress: 1. Loan Claim - Loan Claim Hearing was held in November 2023, and as of the date of this announcement, the Chinese court has not yet decided on the loan claim lawsuit; 2. Record Application - As of the date of this announcement, Guangdong Gudou is preparing its application documents, and the hearing of the recording application has not yet been decided. Guangdong Gudou is making every effort to speed up preparation; 3. In addition to the cooperation claim, Guangdong Gudou is preparing to file an application with the Chinese court because the Chinese court ruled that the cooperation agreement has been terminated
GUDOU HLDGS: NOTIFICATION OF BOARD MEETING
Gudou Holdings (08308): Zhang Shaomin has been appointed as an independent non-executive director
Gudou Holdings (08308) issued an announcement. Wang Dawu has resigned as an independent non-executive director and audit committee of the company due to health reasons...
Due to the exercise of options, Gudou Holdings (08308) issued 361,300 shares
Gudou Holdings (08308) issued an announcement that any director of the issuer will issue 36 options in accordance with its share options plan...
Performance returned to pre-pandemic levels The average occupancy rate of Hong Kong hotels during the Spring Festival was 93.4%
The Zhitong Finance App learned that the Hong Kong Hotels Association said that during the eight-day Lunar New Year holiday, the overall performance of Hong Kong hotels was outstanding. The overall average occupancy rate of hotel rooms was 93.4%, a slight decrease of 0.4 percentage points from the same period in 2019; the average room rate was HK$1,715, up 6% from 2019. Chairman Wong Chak-fung of the association hopes that the Hong Kong government will strengthen its integration into local regional projects with local cultural characteristics and cooperate in implementing vibrant “day and night fun” activities to attract international and mainland tourists. Wong Chak Fung said that Hong Kong hotels currently offer more than 90,000 rooms.
CICC: Downward Expansion and Upward Breakthrough in China's Hospitality Industry
The Zhitong Finance App learned that CICC released a research report saying that while recovering their performance in 2023, leading hotel companies are actively exploring new directions to bring long-term growth momentum: focusing on the two paths of “downward expansion” and “upward breakthrough.” It is recommended to pay close attention to the downward penetration of leading hotel chains into low-tier cities and the continuous upgrading of upward product brands, so as to explore the long-term growth space of leading companies. ▍ The main view of CICC is as follows: “Downward”: Both supply and demand sides of the sinking market have created new variables, and leading chains are expected to continue to expand their stores downward. 1) Supply side: The sinking market has some existing hotels or products that have been renovated and renovated
Express News | CITIC Securities: Continued Verification of Hot Consumption and High Prosperity in the Travel Market
Express News | Tongcheng Travel Big Data: The number of hotel reservations in popular counties increased by more than 120% year-on-year in the first four days of the Spring Festival
Express News | CITIC Securities: Demand for travel is steady, expectations for the Spring Festival are heating up
GUDOU HLDGS: QUARTERLY UPDATE AND CONTINUED SUSPENSION OF TRADING
Express News | Where to go: In 2023, the number of domestic air tickets and hotel reservations reached a record high
CICC Tourism Hotel & Restaurant 24-Year Outlook: Finding Excellent Business Models and Management Capabilities Through Cycles
CICC released a research report saying that since 2023, the recovery of the social service sub-industry has been divided, but the valuations of various sectors are already low. Looking ahead to 2024, the industry will maintain a steady recovery. It is optimistic about cost-effective brands and changes in experience-oriented consumption habits. At the same time, it is recommended to focus on investment opportunities in tracks and companies that replicate the long-term logic of expansion and refined management.
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