Core Insights - The upcoming "May Day" holiday is driving a surge in domestic flight bookings, with a year-on-year increase of over 30% [1] - The number of inbound tourism orders has skyrocketed by 173% compared to last year, primarily from tourists in South Korea, Japan, and Singapore [1] - The registration of cross-border tourism-related companies has seen significant growth, with 4,138 new registrations this year, marking a 20.53% increase in the first quarter [3] Group 1: Current State of Cross-Border Tourism Companies - There are currently 116,100 cross-border tourism-related companies in China [2] - The registration of these companies has fluctuated over the past decade, with a peak in 2019 when 36,400 companies were registered, reflecting a 26.52% year-on-year increase [2] - In 2023, the total number of registered companies reached 116,000, representing a remarkable 170.45% year-on-year growth [2] Group 2: Company Registration Trends - In the first quarter of this year, 3,006 cross-border tourism-related companies were registered, contributing to a total of 4,138 registrations so far [3] - The forecast for 2024 indicates a total of 12,600 new registrations, which would be a 9.07% increase compared to the previous year [2] Group 3: Company Age Distribution - Over 60% of cross-border tourism-related companies have been established for more than five years [4] - Companies that have been in operation for 5-10 years make up the largest segment, accounting for 40.67% [4] - Companies established for more than 10 years represent 24.97%, while those less than one year old account for 10.84% [4]