银河证券：国庆出行数据延续稳定增长趋势，但年轻人的消费观念在变化

Core Insights - The report from Galaxy Securities indicates a stable growth trend in travel data during the National Day holiday, while highlighting a shift in consumption patterns among young consumers [1] Group 1: Travel and Consumption Trends - Total cross-regional mobility reached 1.83 billion person-times during the first six days of the holiday (October 1-6), representing a year-on-year increase of 5.0% [1] - Traditional dining and tourism spending has decreased, with a rise in lower-cost "county tourism" options [1] - Young consumers are increasingly spending on concerts, self-driving tours, outdoor sports, and Vlog-related expenses [1] Group 2: Entertainment and Rental Economy - The performance of the domestic performance market was robust, with ticket sales during the holiday's first six days increasing by 130% year-on-year, and music-related ticket sales up by 125% [1] - The rental economy is thriving, with Gen Z travelers frequently renting sports cameras, drones, and telephoto lenses during their trips [1] Group 3: Pet Services - There is significant growth in pet-related services, with pet boarding and home feeding services experiencing high demand during the holiday [1] - Many young travelers are choosing to take their pets on trips, leading to an increase in pet-friendly consumption options at tourist attractions, including pet-friendly restaurants and hotels [1]