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中信证券:预计大航3Q25或实现50~60亿元利润 看好未来两年航司的业绩表现
Zhi Tong Cai Jing· 2025-07-10 00:45
Core Viewpoint - The report from CITIC Securities indicates that the tourism sector, particularly aviation, has benefited from high demand for personal travel during long holidays, reinforcing market elasticity during peak seasons [1][6]. Group 1: Industry Performance - The aviation industry has seen a significant increase in the proportion of personal travel passengers, which has strengthened the elasticity of the peak season market [1][6]. - Since early 2023, various policies have been guiding the civil aviation industry towards "anti-involution," leading to an optimistic outlook for ticket pricing during the summer travel season [1][6]. - The substantial drop in international oil prices since April, combined with a narrowing decline in domestic ticket prices, is expected to allow major airlines to achieve near breakeven profit in Q2 2023 [1][4][6]. Group 2: Profitability and Cost Management - CITIC Securities forecasts that major airlines could achieve profits of 5 to 6 billion yuan in Q3 2025, marking a historical high for a single third quarter [1][6]. - The implementation of revenue management strategies has begun to show results, with the average price of aviation kerosene decreasing by 16.9% year-on-year, significantly contributing to profitability improvements for airlines in Q2 2025 [2][4]. - The tightening supply situation and the structural changes in demand are expected to drive ticket price elasticity, indicating a potential turning point for airline profitability [2][3]. Group 3: Market Dynamics - The analysis of travel patterns since 2025 suggests that previous operational challenges in the civil aviation sector are being resolved, with improvements in ticket pricing and inbound/outbound demand structures [3]. - The report highlights a shift in consumer behavior towards valuing emotional and experiential aspects of travel, which is expected to sustain demand for tourism [3]. - The introduction of new aircraft is projected to be lower than planned, contributing to a favorable supply-demand dynamic that supports ticket price recovery [3][4].
政策引领 市场严管 主体强基 服务提质 山西擦亮旅游金字招牌
Core Viewpoint - The cultural tourism industry in Shanxi is positioned as a comprehensive pillar and a carrier of happiness, driving economic growth while fulfilling people's aspirations for a better life. The province aims to achieve high-quality development through a robust service foundation and innovative strategies [1]. Group 1: Policy and Strategic Framework - Shanxi has set the goal of becoming an "internationally renowned cultural tourism destination," leveraging its rich historical heritage and focusing on innovation and quality [1]. - A systematic approach is adopted, characterized by a "four-in-one" model of policy guidance, market regulation, foundational support, and service quality enhancement, which injects strong momentum into the industry [1]. - The provincial government has established a comprehensive policy support system, including the "Shanxi Province Tourism Development Promotion Regulations" and the "Tourism Satisfaction in Shanxi" construction standard system [1]. Group 2: Market Regulation and Credit Building - Shanxi emphasizes credit building and precise law enforcement to maintain a clear market space, implementing a credit information collection mechanism and regular regulatory reports [2]. - The province has conducted inspections on 97,500 business units, concluding 984 cases with fines totaling 4.45 million yuan, effectively purifying the market environment [2]. - Innovative policies, such as the guarantee fund policy for travel agencies, aim to reduce burdens and foster the growth of quality enterprises [2]. Group 3: Service Quality Enhancement - The province is implementing the "Tourism Satisfaction in Shanxi" service quality improvement initiative, focusing on optimizing complaint channels and addressing issues like "unreasonably low-priced tours" [3]. - A comprehensive training program for tour guides and the establishment of a "tourism quality experience officer" mechanism are in place to enhance service professionalism and visitor satisfaction [3]. - Shanxi is committed to continuous improvement in service quality, with a focus on safety, order, quality, and efficiency, aiming to create a new highland in cultural tourism [3].
影响市场重大事件:国办印发《关于进一步加大稳就业政策支持力度的通知》;工信部开通重点车企践行账期承诺反映窗口
Mei Ri Jing Ji Xin Wen· 2025-07-10 00:16
Group 1 - The State Council issued a notice to enhance employment support policies, focusing on stabilizing jobs, enterprises, markets, and expectations to promote high-quality economic development [1][4][10] - The notice includes measures such as expanding the scope of special loans for job stabilization and increasing the unemployment insurance refund ratio for small and medium-sized enterprises from a maximum of 60% to 90% [1][10] - A one-time employment expansion subsidy of up to 1,500 yuan will be provided to enterprises hiring unemployed youth aged 16-24, effective until the end of December 2025 [10] Group 2 - The Ministry of Industry and Information Technology opened an online feedback window for key automotive companies to address issues related to payment terms and practices that may harm small and medium-sized enterprises [2] - The State Administration for Market Regulation and the Ministry of Industry and Information Technology launched an action plan focusing on metrology support for the integrated circuit industry, aiming to overcome measurement technology bottlenecks [3][5][6] - Research will be conducted on key common metrology technologies for high-end measuring instruments, including those used in aerospace and commercial aviation [5][6][7] Group 3 - Private equity securities products achieved an overall return of 8.32% in the first half of 2025, with stock strategies leading at an average return of 10% [8] - UBS's annual survey of central banks revealed that nearly 67% of respondents believe gold will be the best-performing asset by 2029, a significant increase from 21% in the previous year [9]
超好吃的湖北小城,夏天穿长袖都怕冻着
3 6 Ke· 2025-07-09 23:42
6月2日,中国气象学会正式授予湖北省利川市"中国凉爽之城"的荣誉称号。这里夏季平均气温为清爽的 22℃左右,几乎是大自然赐予人类的"天然空调房"。 北纬30度的"神秘纬线"造就了这一方处于重庆和武汉两大"火炉"之间的清凉秘境,但凉感只是利川最概 念化的标签,深藏其下的万千气象,才让人真正心驰神往。 01 寻找真正的"凉城" 暑气蒸腾,蝉鸣聒噪,今年夏天的热浪又是来势汹汹。 在一众避暑目的地中,湖北恩施土家族苗族自治州的名字常常跃入视野。不过,那些真正探访恩施的旅 行者或许会推荐一个更为精确的去处。在恩施州西南部,巫山山脉与武陵山脉交会处,藏着一座名副其 实的"凉城"——利川。 自古以来,利川都像是大山里偏远的世外桃源。四周群山环抱,南部山高坡陡,沟谷幽深,东北、西北 高山耸立,城区位于盆地偏东部位,海拔1079.5 米,尽享山中的无尽清凉。 更难得的是,利川的降水、湿度、风速、气压、日照因素都组合得恰到好处。独特的地理气候条件为利 川带来了"天然氧吧、中部凉城"的美誉,也造就了奇妙多样的气象景观。 大茅坡的云海气势磅礴,G242国道的2234公里至2240公里的下坡段都是云海景观带,每年夏秋两季都 会吸引大批 ...
县域旅游重塑文旅市场新版图
Zhong Guo Jing Ji Wang· 2025-07-09 23:26
核心观点:县域旅游一头连着人民群众对美好生活的新期待,一头连着乡村振兴的国家战略。它不仅承 载着人们对"诗与远方"的向往,在深层次推动着文化传承创新和生态价值转化,还能够有效盘活乡村沉 睡资源,进一步畅通城乡要素循环。 《全国县域旅游研究报告2025》近日发布,揭示的数据令人振奋。2024年我国县域旅游平均接待游客总 量为580.79万人次,同比增长14.26%,旅游总收入增长9.96%;旅游总收入超200亿元的县域达44个,接 待游客超2000万人次的县域63个。这些亮眼的数字,是县域旅游蓬勃发展的真实写照。 追求松弛感和烟火气,已成为当代出游的新风尚。随着我国中等收入群体持续扩大,以Z世代为代表的 年轻消费者正成为文旅市场的主力军。他们不再满足于"上车睡觉、下车拍照"的走马观花,转而向 往"用脚步丈量祖国大地"的沉浸式体验。在社交媒体上,"深度游""慢旅行""小众地标"等关键词热度持 续攀升,县域旅游正在以更接地气的方式重新定义着国人的旅行体验。 当前,县域旅游呈现三大结构性变化,彰显了消费升级新趋势。一是消费主体年轻化。18至34岁群体成 为核心客群,自驾出行和短视频信息获取成为主流。二是消费内容品质化 ...
八成受访消费企业今年拟引入或加大AI技术应用
Nan Fang Du Shi Bao· 2025-07-09 23:10
候选品牌集中赛道 | 日本来 | | --- | | - 网 oeeee | 入围品牌总部所在地区 30.0% 上海 18.5% 北京 - 16.4% 广东省 12.2% 浙江省 - 5.5% 福建省 3.3% 江苏省 香港 2.9% 2.1% 湖南省 - 1.2% 山东省 四川省 0.8% 河南省 0.8% 陕西省 - 0.8% | 颜值经济:时尚珠宝、美妆护肤、香水香薰、医美美容(包含植发)、个护家清 | 23.6% | | --- | --- | | 食品康养:保健品、食品营养、咖啡茶饮、餐饮连锁、康养服务 | 18.1% | | 运动户外与服饰:户外用品、鞋服 | 13.1% | | 智能消电:智能家电、科技数码、智能出行、AI硬件 | 12.7% | | 体验经济:酒店文旅、零售业态、新电商、服务消费 | 12.2% | | 消费科技:Al服务、消费金融、科技金融 | 10.5% | | 兴趣消费:谷子经济、IP周边、网络游戏、传统玩具 | 7.2% | | 宠物经济:宠物主粮、宠物用品 | 2.5% | | | 南方都在報 | | | 奥一网OCCCCcom | 候选品牌成立时间 100年以上 3 ...
在刘公岛穿越历史与山海
Qi Lu Wan Bao· 2025-07-09 21:31
"来威海不上刘公岛,等于白来!"这是流传在威海人口中的一句俗语。 随着暑假到来,刘公岛迎来暑期旅游旺季。刘公岛上有什么?又在以如何的半径向外拓展自己的圆弧 呢?"我们正用历史的眼光、现代的思维和国际化的视野,不断放大历史文化资源和综合教育优势,精心守 护这座'中华民族警醒之岛'。"刘公岛管委的一位负责人说。 李孟霏 潘佳蓬 威海报道 历史基因 让历史文物与现代对话 一座刘公岛,半部近代史。作为北洋海军的成军地和覆没地,刘公岛见证了中华民族由盛到衰,再从生死边 缘走向伟大复兴的历史进程,是中国梦的起始和发轫之地。 在刘公岛管委工作人员眼中,岛上的28处国宝级文物遗址是"醒着的教科书"。近年来,他们投入巨资,让水 师学堂、东泓炮台等十余处遗迹重焕生机。修复面积已超10万平方米,但这只是管护总量的1/6,前路仍 长。 修复只是起点。"在文物面前,我们不分产权。"一位负责人语气坚定。英租时期的共济会馆产权归属部 队,他们仍携手进行保护性修缮。而像海水蒸馏所这类老建筑,则被巧妙激活:依托其高阔原貌举办临时展 览,斑驳砖墙与现代展板形成历史对话,成为独特的文化交流空间。 如何让历史不再冰冷?甲午战争陈列馆内,一封百年前的 ...
万余活动登场 北京加码暑期文旅供给
Bei Jing Shang Bao· 2025-07-09 16:37
在毕业生之外,其他年龄段的孩子们也将成为暑期出游的主流人群。暑假期间,研学游产品成为学生和 家长们重点关注的内容。北京市文化和旅游局党组成员、副局长郑芳介绍,北京市依托城市资源禀赋, 打造暑期研学游产品矩阵,丰富海内外学生和亲子家庭的游学体验。同时,北京市文旅局将发布"夏日 研学走读北京"10条研学主题线路,涵盖"进京赶考"红色足迹、戏曲民俗、非遗体验、科技启蒙、地质 考古、自然探秘等内容。 7月9日,北京市文化和旅游局(以下简称"北京市文旅局")发布"京彩夏日"暑期文旅系列活动安排,围 绕毕业季、研学游、演艺游、京郊游、焕新游五大板块,重点推出150余场夏日主题活动、6200余场精 品演出、3800余场惠民文化体验活动,联动市场主体创新策划一系列线路玩法和优惠举措,丰富市民游 客夏日文旅体验。 打造研学游产品矩阵 针对毕业季,北京市文旅局推出"毕业季来北京的10件事",邀请市民游客逛一条胡同、看一场演出、探 访一处世界文化遗产、探秘一个博物馆、打卡一处潮流艺术街区、玩一回泡泡玛特城市乐园、开启一场 环球影城哈利·波特"禁忌之旅"、感受一次长城夜游、体验一把京郊徒步、带走一个"北京礼物"。 暑期演出市场供给多 ...
四川3天2晚跟团游,本地团带您小众游玩+老字号美食,人均不过千
Sou Hu Cai Jing· 2025-07-09 16:23
在快节奏的都市生活中,我总渴望寻一处静谧之地,让心灵得到片刻的休憩。四川,这片充满魅力的土地,不仅有闻名遐迩的九寨沟、峨眉山,还有许多 鲜为人知的小众景点和地道美食。这次,我决定参加一个四川3天2晚的跟团游,跟随本地团深入探索这片土地的独特韵味,开启一场小众游玩与老字号美 食的双重盛宴,而且人均预算不过千,简直太让人期待了! 琳琳相伴,超值体验 这次旅行,多亏了当地金牌导游琳琳的精心安排,让我们的旅程无比精彩。琳琳对四川的每一处角落都了如指掌,她不仅带我们避开了拥挤的旅游团,还 深入那些小众景点,让我们领略到了四川别样的美。从行程规划到景点讲解,从餐饮安排到住宿选择,琳琳都考虑得十分周全。更让人惊喜的是,这次3 天2晚的跟团游,人均价格才600 - 1200元之间,性价比超高!如果你也想来一场这样的旅行,不妨联系当地金牌导游琳琳:130 2236 6621(长按复制免费 咨询),她一定会为你打造一场难忘的四川之旅。 行程安排:3天2晚,精彩不断 第一天:成都市区 - 宽窄巷子 - 锦里古街清晨,我们抵达成都,琳琳早已在车站等候,热情地迎接我们。第一站,我们来到宽窄巷子,这里由宽巷子、窄 巷子和井巷子平行排列组 ...
铭记历史 缅怀先烈|吕梁山黄河畔,老区人民吃上“旅游饭”
Xin Hua She· 2025-07-09 15:52
跑了几十年长途车的山西石楼人高虎应,以前从没想到,自己还能靠家门口的风景吃上"旅游饭"。 晋陕大峡谷间,咆哮的黄河陡然回旋,环抱出龟背一般的"黄土峁丘",流出了近360度的圆形大湾。这 里是雄奇壮美的"石楼湾",平均每日吸引约300名游客。 随着陆路交通的发展,作为黄河渡口的碛口一度变成交通死角,商贸随之凋敝。旅游业的发展让这座古 镇再度兴盛。如今,3万多人的碛口有各类民宿客栈、农家乐40余家,旅游商品经营户120余家,解说员 近100人,旅游行业从业人员达5000余人,年接待游客量突破百万人次。 为游客拍摄满意的照片、讲述红军强渡黄河的东征故事,兴致高时还会高歌一曲《西口情》……高虎应 如今成了"石楼湾"小有名气的导游,业务不断,荷包渐丰。他还玩转短视频、直播,拥有数千粉丝。 高虎应回忆道,长期以来,由于山高沟深、交通不便,家乡坐拥绝美风景却少有外地游客问津。近年 来,游客逐年增加,特别是黄河一号旅游公路吕梁段2023年11月通车后,游客数量陡增。 黄河一号旅游公路吕梁段长约867公里,从空中俯瞰,如同一条巨龙,横亘在吕梁山的褶皱间,将吕梁 的景点串珠成链,有力促进了当地旅游业发展。 从石楼出发沿着公路一路 ...