Ctrip's share price rebounded by more than 50%, and the tourism industry showed obvious signs of recovery. Revenue from Ctrip's hotel booking business increased by 29%, and revenue from air and train ticket business increased by 20%. China's outbound tourism is gradually recovering, and outbound tourism is growing 20-30% faster than the industry. International flight capacity is expected to return to 80% of the pre-mask level by the end of the year.

Outbound air ticket prices are still higher than the level before masks. Inbound travel by foreigners has increased sharply, and many countries have opened visa-free policies. The travel demand of silver-haired people has increased, and Ctrip has launched the old friends club project service. Ctrip users are becoming younger and paying more and more attention to cultural experience. The trend of consumption downgrade is obvious, and air ticket and hotel prices have dropped.

Section Name Online travel Keywords tourism recovery, outbound tourism growth, long-haired tourism demand bearish (bearish) Chinese outbound tourism continues to recover, flight capacity has recovered, and ticket prices are generally higher than masks. How is the tourism industry recovering?aiceasiangames2018Good--Interpretation of Ctrip's latest results and phone meeting minutes and risk warnings from Hexun's self-selected stock writersaiceasiangames2018: The above content is only the author or guest's opinion and does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers when necessary. Hexun strives but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun makes no guarantee or commitment in this regard.