{"id":20334,"date":"2022-02-09T02:00:00","date_gmt":"2022-02-09T02:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/02\/09\/fosun-tourism-delivered-outstanding-performance-during-the-chinese-new-year-holiday-high-quality-products-lead-new-trends-in-ice-snow-and-island-vacations-2\/"},"modified":"2022-02-09T02:00:00","modified_gmt":"2022-02-09T02:00:00","slug":"fosun-tourism-delivered-outstanding-performance-during-the-chinese-new-year-holiday-high-quality-products-lead-new-trends-in-ice-snow-and-island-vacations-2","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/02\/09\/fosun-tourism-delivered-outstanding-performance-during-the-chinese-new-year-holiday-high-quality-products-lead-new-trends-in-ice-snow-and-island-vacations-2\/","title":{"rendered":"Fosun Tourism delivered outstanding performance during the Chinese New Year Holiday, High-quality products lead new trends in ice, snow and island vacations"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>HONG<br \/>\nKONG SAR &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 9 February 2022\u00a0&#8211;<b>\u00a0<\/b><b>Fosun<br \/>\nTourism Group<\/b> (&#8220;Fosun Tourism&#8221; or the &#8220;Group&#8221;, HKEX stock<br \/>\ncode: 1992), one of the world&#8217;s leading leisure-focused integrated tourism<br \/>\nenterprises, is pleased to announce that during the 2022 Chinese New Year<br \/>\nHoliday<sup>[1]<\/sup> \u2013 with\u00a0<br \/>\nthe overall recovery of the industry still weak due to the resurgence of COVID-19 and tighter preventive measures,<br \/>\nthe Group&#8217;s core businesses in China, including Atlantis Sanya, Club Med China<br \/>\nResorts and Thomas Cook lifestyle platform, have significantly surpassed their<br \/>\nperformance during the 2021 Chinese New Year<sup>[2]<\/sup>,<br \/>\nrespectively, and have recorded outstanding results.<\/p>\n<p>\u00a0<\/p>\n<p>According to the Data Center of the Ministry of Culture and Tourism of<br \/>\nChina<sup>[3]<\/sup>, in the seven-day Chinese New Year Holiday, there were in<br \/>\nall 251 million domestic tourists in the country, down 2% year-on-year and 73.9%<br \/>\nof the number in the pre-pandemic 2019 Chinese New Year Holiday. Domestic<br \/>\ntourism revenue for the period amounted to RMB289,198 million, representing a 3.9%<br \/>\nyear-on-year decrease and 56.3% of the revenue for the comparable period pre-pandemic in 2019. Compared<br \/>\nwith the industry&#8217;s slow pace of recovery, the Group has led the sector in a<br \/>\nnumber of performance indicators.<\/p>\n<p>\u00a0<\/p>\n<p>Although some Chinese destinations were<br \/>\naffected by the rebound of the epidemic and resultant prevention and control<br \/>\nmeasures during the 2022 CNY holiday, the renowned Club Med China Resorts<br \/>\nregistered an over 50% increase in Business Volume over the 2021 CNY holiday<br \/>\nperiod. In addition, The Club Med Changbaishan Resort, which newly opened prior<br \/>\nto the CNY at 23 January. Benefiting from the steady heating up of &#8220;snow<br \/>\nand ice travel&#8221;, the seven-day average occupancy rate of Beidahu and<br \/>\nChangbaishan Resorts was as high as 90%. Atlantis Sanya, which is located on a<br \/>\ntropical island, also recorded an average seven-day occupancy rate of nearly<br \/>\n60%.<\/p>\n<p>\u00a0<\/p>\n<p>Atlantis Sanya has continued to be the preferred holiday destination for<br \/>\nmany tourists, owing to its high-quality product, growing word-of-mouth,<br \/>\nupgraded IP content and superior geographical location. During the 2022 Chinese<br \/>\nNew Year Holiday, its Business Volume increased by 46.1% when compared with the<br \/>\n2021 Chinese New Year Holiday. The total number of visitors reached 183,000,<br \/>\nrepresenting a 28.4% increase when compared with the 2021 Chinese New Year Holiday.<br \/>\nIts occupancy rate was 98.6% and average daily room rate was RMB5,135. To<br \/>\nwelcome the Chinese New Year, Atlantis Sanya held the &#8220;Chinese New Year Holiday Fair&#8221; between 15 January and 15 February. The Aquaventure<br \/>\nWaterpark, which operates all year round, also held a Chinese New Year Holiday<br \/>\nNight Carnival that presented such programs as street beating show, creative<br \/>\ngraffiti show, BOX acrobatics show, band performance and light show. What is<br \/>\nmore, The Lost Chambers presented the Chinese New Year Holiday, featuring<br \/>\nexclusive mermaid underwater performances on a daily basis and the introduction<br \/>\nof an &#8220;underwater treasure hunt&#8221; event; creating a powerful new year<br \/>\natmosphere on the island, backed by delicious food, a variety of entertainment<br \/>\nprograms as well as unique Chinese New Year island holiday experiences for<br \/>\ncustomers.<\/p>\n<p>\u00a0<\/p>\n<p>Fosun Tourism has built a rich leisure and vacation ecosystem in Sanya,<br \/>\nHainan. Benefiting from the island&#8217;s tourism boom, the Albion Residence Haitang<br \/>\nBay Sanya operated by Albion, a professional destination operator under the<br \/>\nGroup, recorded a seven-day average occupancy rate of 97.9% during the 2022 Chinese<br \/>\nNew Year Holiday. During the Chinese New Year Holiday, the Group&#8217;s Fanxiu<br \/>\nPerforming upgraded its main series of performances at the Atlantis, enabling<br \/>\nbusiness volume to rise 74% when compared with the same period in 2021.<\/p>\n<p>\u00a0<\/p>\n<p>The Thomas Cook Lifestyle Platform (&#8220;TC China&#8221;) is a Group-owned<br \/>\none-stop scenario-based platform which focuses on leisure lifestyle products.<br \/>\nAs at the end of the Chinese New Year Holiday, the app recorded cumulatively<br \/>\nabout 2.58 million downloads. Relevant data showed the platform&#8217;s Business<br \/>\nVolume grew by 107% during the 2022Chinese New Year Holiday against the same<br \/>\nperiod in 2021. Among travel members, repurchase users accounted for 50.6% of<br \/>\nmemberships. The platform&#8217;s key customers mainly come from first-tier and new<br \/>\nfirst-tier cities, with Shanghai, Beijing, Jiangsu and Sichuan constituting the<br \/>\ntop four sourcing markets. Sanya continued to rank first among the most popular<br \/>\ndestinations.<\/p>\n<p>\u00a0<\/p>\n<p>Benefiting from the rising popularity of short-haul trips,<br \/>\nthe Group&#8217;s Miniversity, which integrates education, amusement, retail and<br \/>\ncatering to give one-stop international play and learning experiences, has been widely welcomed by families with children.<br \/>\nDuring the 2022 CNY holiday, its Business Volume increased by 208.0% when compared with the 2021 CNY<br \/>\nholiday period. Also, the number of trainees and per capita expenditure have increased,<br \/>\nrising by 118.3% and 41.1%, respectively, when compared with the same period in<br \/>\n2021 Chinese New Year Holiday.<\/p>\n<p>\u00a0<\/p>\n<p>Fosun Tourism has continued<br \/>\nto seize opportunities from the winter sports economy<br \/>\nand has expanded the presence of its snow and ice businesses. The spectacular Northland snow scenes in the Changbaishan International Ecotourism Demonstration<br \/>\nArea is set to draw patronage of those attracted to ice-and-snow travel<br \/>\nexperiences. In addition, the main structure of our indoor ski domain of &#8220;Alpes<br \/>\nSnow World&#8221;, a core project in Taicang Foliday Town, was topped out on 21<br \/>\nJanuary, marking a step closer for the Group in completing a world-class<br \/>\nbenchmark indoor ski resort project. The resort is expected to be in full<br \/>\noperation in 2023. On top of popular traditional ice-and-snow travel<br \/>\ndestinations, tourists from southern China will have more choices of skiing<br \/>\ntrip destinations to enjoy holidays with a difference. Ice-and-snow tourism is<br \/>\nexpected to continue to unleash consumption growth potential.<\/p>\n<p>\u00a0<\/p>\n<p>References:<\/p>\n[1]\u00a0 Chinese New Year holiday in 2022: 31 January 2022 to 6 February 2022 <\/p>\n[2] Chinese New Year holiday in 2021: 11 February 2021 to 17 February<br \/>\n2021<\/p>\n[3] The State Council of the People&#8217;s Republic of China: <a href=\"http:\/\/www.gov.cn\/xinwen\/2022-02\/08\/content_5672479.htm#:~:text=%E6%8D%AE%E6%96%87%E5%8C%96%E5%92%8C%E6%97%85%E6%B8%B8%E9%83%A8,%E4%BA%BA%E4%BB%AC%E5%87%BA%E6%B8%B8%E7%9A%84%E7%83%AD%E9%97%A8%E9%80%89%E6%8B%A9%E3%80%82\" rel=\"sponsored\">http:\/\/www.gov.cn\/xinwen\/2022-02\/08\/content_5672479.htm#:~:text=%E6%8D%AE%E6%96%87%E5%8C%96%E5%92%8C%E6%97%85%E6%B8%B8%E9%83%A8,%E4%BA%BA%E4%BB%AC%E5%87%BA%E6%B8%B8%E7%9A%84%E7%83%AD%E9%97%A8%E9%80%89%E6%8B%A9%E3%80%82<\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong\/2022\/02\/09\/119129\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211;\u00a0Media OutReach\u00a0&#8211; 9 February 2022\u00a0&#8211;\u00a0Fosun Tourism Group (&#8220;Fosun Tourism&#8221; or the &#8220;Group&#8221;, HKEX stock code: 1992), one of the world&#8217;s leading leisure-focused integrated tourism enterprises, is pleased to announce that during the 2022 Chinese New Year Holiday[1] \u2013 with\u00a0 the overall recovery of the industry still weak due to the resurgence of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":20315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20334"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20334"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20315"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}