此外，2026年1月5日起，国内航线燃油附加费实行新标准：800公里以下航线收取10元，800公里以上航 线收取20元，出行成本的降低将有效带动错峰出行。 星报讯 元旦后到春节前这段时间，航空旅游市场进入淡季，在合肥运营各航空公司纷纷推出特价机 票，吸引更多错峰人群出行，部分航线票价低至1.7折。 1月5日起，合肥-成都191元起；合肥-深圳212元起；合肥-重庆200元起；合肥-青岛202元起；合肥-银川 200元起； 合肥-北京202元起；合肥-广州211元起；合肥-西安252元起；合肥-昆明332元起；合肥-沈阳 212元起； 合肥-哈尔滨412元起； 合肥-兰州185元起； 合肥-广州204元起。国际特价航班方面：合肥- 首尔657元起；合肥-曼谷909元起；合肥-新加坡1223元起。以上机票价格均不含税，且实时变动，旅客 可通过携程、飞猪、同程、航司官网等线上渠道购买，也可拨打航司客服电话，或合肥机场售票处电话 0551-63777666咨询详情。 （来源：市场星报） ...

旅游及酒店板块上涨，君亭酒店涨超6%，西域旅游、三峡旅游涨超2%，带动旅游ETF上涨，年内 涨幅7%。 | CARDE 代码 | 名称 | 涨跌幅 ▼ | 年初至今 | 估算规模 | 管理公司 | | --- | --- | --- | --- | --- | --- | | 562510 | 旅游ETF | 0.53% | 7.03% | | 6.33亿 华夏基金 | | 159766 | 旅游ETF | 0.53% | 6.81% | 40.11亿 | 富国基金 | 对于旅游行业，申万宏源证券认为，春秋假及雪假政策显著拉动淡季旅游需求，错峰出行成为常 态，景区及旅游企业受益明显。政策组合措施（政府补贴+金融支持+商家优惠）有效激发居民消费意 愿，文旅及冰雪产业投资机会值得关注。同时，高基数景区及优质供给仍稀缺，研学旅游、亲子游及高 频冰雪消费成为市场亮点。 免税：行业景气度边际回升，建议积极布局龙头。25M9离岛免税销售额增幅同比转正，且前三季 度客单水平同比显著回升。海南岛封关在即，免税商的牌照优势仍存，并有望共享自贸港政策红利。免 签扩容和国际航班运力修复助推国际客流增长，市内免税门店加速落地。当前行 ...

不是"在歇着"就是"在路上"，你在"搬砖"他（她）在旅行。 随着"70后"陆续步入退休行列，一批"有钱有闲、敢尝新、懂享受"的"新银发族"正强势崛起。 他们不仅是错峰游的担当，更以惊人的消费潜力和独特的出行方式，成为旅游行业的第二增长曲线。数 据显示，这群活力老人不仅偏爱说走就走的旅行，更在出境游、小众目的地游、高端旅游产品上展现出 强劲购买力，成为推动旅游消费升级的重要引擎。 同程旅行数据显示，60岁以上银发族的人均住宿花费比青年群体高出30%以上，对中高端、高星级酒店 的偏好更为明显。 "银发族目前是旅行社、酒店、航空公司需要争取的重要群体，并且人群还在持续扩大。"瑞银证券中国 休闲及交通运输行业研究主管陈欣在接受《中国经营报》记者采访时表示。 在定制游、奢华游等高端旅游产品上，他们的消费能力尤为突出。单次定制游平均花费超1.2万元，较 其他年龄组高25%；出境豪华邮轮用户中，50至70岁银发族占比超70%；客单价10万元以上的极地邮轮 客群中，银发族占比高达90%。 这背后是"65后""70后"新生代银发族的崛起。他们经济基础雄厚，追求品质生活，推动银发族游从"性 价比"向"质价比"升级。 强劲的消费力 ...

Investment Rating - The report rates the industry as "Positive" [3] Core Insights - The implementation of the Spring and Autumn holiday policy has significantly boosted tourism demand, leading to a remarkable increase in market activity [5][22] - The "Snow Holiday" policy has stimulated rapid growth in the winter tourism sector, particularly in ice and snow activities [25][26] - Government subsidies and financial support are effectively driving service consumption across multiple sectors, including tourism, sports, and education [32][33] Summary by Sections 1. Spring and Autumn Holidays Drive Tourism Demand Recovery - The Spring and Autumn holiday policy was introduced to encourage local education departments to implement school holidays, leading to increased travel during off-peak seasons [10][13] - Family travel demand surged, with over 53% of trips during the Autumn holiday being family-oriented, particularly in educational tourism activities [17][21] - Popular tourist destinations experienced a significant increase in ticket bookings, with some locations reporting a 3.4 times year-on-year increase in ticket reservations [21][22] 2. Consumer Subsidies Promote Steady Recovery in Service Consumption - Recent policies from multiple government departments aim to enhance service consumption quality and convenience, focusing on cultural, tourism, sports, and education sectors [32][33] - During the National Day and Mid-Autumn Festival, over 29,000 cultural and tourism events were held, with consumption subsidies exceeding 480 million yuan [33] - The introduction of "ticket root economy" has linked various sectors, significantly boosting overall city consumption [33] 3. Valuation of Key Industry Companies - The report provides a detailed valuation of key companies in the tourism and hospitality sectors, highlighting their market capitalization and earnings per share projections [37][40] - Notable companies include Sanchuan Tourism, Huazhu, Atour, and Jiuhua Tourism, which are recommended for investment consideration due to their growth potential in the current market environment [40][41]

Group 1 - The introduction of autumn break in some primary and secondary schools has led to a surge in tourism, creating a "peak travel" period during off-peak times [2][3] - Travel product prices during the autumn break have decreased significantly compared to peak season, with group tour prices dropping by 20% to 30% [2] - Tourists are experiencing less crowded attractions, allowing for a more enjoyable travel experience, as highlighted by a tourist's positive feedback on visiting the Forbidden City and the Great Wall [2] Group 2 - The tourism industry is responding to the autumn break by launching differentiated products, such as educational travel routes that combine history, nature, and education [2] - A notable increase in bookings has been observed, with some hotels reporting a two to three times increase in order volume compared to the previous year [3] - Industry analysts suggest that tourism operators should align autumn break products with educational goals, transforming them into an important part of the "walking classroom" concept [3]

商报讯(记者杨伊琳)11月的这几个周末，随着全国多地中小学陆续试行秋假制度，旅游市场迎来一 波"错峰出行"小高峰。秋假不仅为学生提供了走出课堂、亲近自然的机会，更有效带动了淡季旅游消 费。 "今年秋假期间，从浙江出发的酒店预订订单量较去年同期增长68%，机票预订订单量同比增长 22%。"携程平台负责人表示，浙江秋假期间的热门出行目的地有杭州、上海、宁波、北京、南京等， 热门景点前五名为灵隐飞来峰景区、西湖观光游览车、上海迪士尼度假区、黄山风景区、上海海昌海洋 公园。 热门目的地和景点也呈现多元化趋势。除北京、上海、广州等传统城市外，毕棚沟、九寨沟等自然风景 区，以及南越王博物院、成都自然博物馆等文化场所均受到游客青睐。 亲子游更有料 为抓住秋假市场机遇，旅游业者纷纷推出差异化、高品质产品，摆脱价格战。携程研学游在11月针对性 推出多条精品线路：在"金秋京城"亲子营中，串联清华/北大校园研学，并融入胡同非遗体验；在"崇左 秘境"亲子营中，带领孩子寻觅白头叶猴、出海追粉色海豚；在"探徽州"产品中，特邀黄山第十九代守 松人讲述守护故事。这些产品深度融合了历史、自然与文化教育，实现了从"单纯观光"到"沉浸式学 习"的 ...

Core Insights - The trend of "staggered travel" has emerged as a new mainstream in the travel market following the National Day and Mid-Autumn Festival holidays, with domestic flight ticket bookings exceeding 13.64 million, representing a year-on-year increase of approximately 13% [1][3] - Major cities such as Beijing, Shanghai, Chengdu, Guangzhou, Shenzhen, Kunming, Hangzhou, Chongqing, Xi'an, and Nanjing are the top ten popular destinations [1] - A service upgrade targeting first-time flyers has become a highlight of the staggered travel trend, aimed at addressing the pain points of unfamiliarity with processes and information asymmetry [1] Service Initiatives - A joint launch of the "Civil Aviation First-Time Passenger Certification" service has been initiated by the company in collaboration with multiple airlines and airports to enhance convenience for travelers [1] - The first-time passenger exclusive services have been officially implemented in Shandong, providing benefits such as priority check-in, security checks, boarding, transportation subsidies, and commercial discounts at seven airports under the Shandong Airport Group [3] - Additional exclusive rights for first-time passengers include opportunities for "free ticket draws" and an 80 yuan discount on ticket purchases, enhancing the overall travel experience [3] Future Developments - The company plans to continuously optimize its product offerings and expand the coverage of first-time passenger services to improve the quality of civil aviation services [3] - The goal is to create a "one-stop" travel solution that effectively meets the public's expectations and demands for a better aviation travel experience [3]

Core Viewpoint - The article highlights the significant increase in travel during the National Day and Mid-Autumn Festival holiday period, with a total of 2.432 billion trips made, marking a historical high for the same period. The average daily travel volume reached 304 million, reflecting a year-on-year growth of 6.2% compared to the previous year [3][5]. Travel Volume and Trends - The total cross-regional travel volume during the holiday reached 2.432 billion, with a peak of 336 million on the first day, an increase of 1.4% year-on-year [3][5]. - Self-driving remains the dominant mode of travel, accounting for approximately 80% of total travel volume, with an estimated daily average of 240 million trips [3][5]. - Railway passenger volume is projected to be 153.96 million, with a daily average of 19.24 million, reflecting a year-on-year increase of 2.6% [3]. - Air travel saw a total of 19.17 million passengers, with a daily average of 2.4 million, marking a year-on-year growth of 3.4% [3][5]. Pricing Dynamics - The average price of domestic economy class tickets during the holiday was 849 yuan, showing a slight increase of 0.3% compared to 2024, but a minor decrease of 1.4% compared to 2019 [8][11]. - The demand for air travel has outpaced the increase in capacity, leading to a rise in ticket prices for most routes, with only a few non-tourist routes experiencing significant price drops [11][12]. - The Civil Aviation Administration of China has emphasized the importance of price monitoring and regulation, which has influenced ticket pricing strategies [11][12]. International Travel Insights - The overlap of the National Day and Mid-Autumn Festival holidays has led to a 30% increase in first-time international travelers, with significant growth in outbound ticket bookings [14][17]. - The number of international flights during the holiday is expected to exceed 16,000, with daily flight volumes recovering to 92.9% of 2019 levels [14][16]. - Japan emerged as the most popular international destination, with high demand leading to fully booked flights despite increased capacity [17].

Core Insights - The "super golden week" during the National Day and Mid-Autumn Festival saw record-high tourism activity, with an estimated 2.432 billion trips made, averaging 304 million trips per day, a year-on-year increase of 6.2% [2] Group 1: Travel Trends - There is a noticeable trend towards long-distance and high-quality travel, with users increasingly opting for multi-city bookings, which saw a year-on-year increase of over 20% [3] - The demand for high-quality accommodations and customized travel experiences is rising, with bookings for high-quality hotels in non-first-tier cities increasing by over 90% [3] - The travel behavior is shifting from standardized group tours to personalized and immersive experiences, reflecting a deeper understanding of travel's significance [6] Group 2: Demographics and Preferences - The age group of 23 to 40 years has become the dominant force in outbound travel, accounting for nearly 70% of outbound flight purchases, with a 63% increase in first-time international travelers aged 13 to 17 [5] - The 1995-1999 generation is leading the travel trend, making up nearly a quarter of travelers during the holiday, while the post-2005 generation is also showing significant growth in independent travel [7] Group 3: Travel Experience and Activities - Tourists are increasingly seeking unique experiences, such as night tours and immersive activities, with night tourism searches on travel platforms increasing by over 200% [9][10] - The trend of "multi-destination" travel is evident, with travelers exploring over 180 countries and regions, indicating a shift from classic to niche destinations [7] Group 4: Pricing and Costs - The cost of travel has risen significantly, with domestic flight prices remaining stable at an average of 849 yuan, reflecting a slight decrease compared to 2019 [12][13] - The trend of staggered travel is gaining popularity, allowing travelers to save costs and enhance their experience by avoiding peak periods [13]

Core Insights - The "Super Golden Week" during the National Day and Mid-Autumn Festival saw a significant increase in travel, with a total of 2.36 billion trips made, averaging about 295 million trips per day, a year-on-year increase of approximately 3.2% [1] - The tourism market is shifting from simple sightseeing to deeper experiential travel, with hotel bookings for stays of two days or more increasing by over 52% year-on-year [1] - The county tourism market is thriving, with over 30 counties seeing hotel booking growth exceeding 100%, indicating a shift towards quality experiences [3] Travel Trends - The trend of "traveling further" is evident, with domestic group tour bookings from non-first-tier cities increasing by over 70% [1][2] - The popularity of music festivals and sports events is driving county tourism, with events like the "Huluguo Music Festival" in Anhui leading to a 2.6-fold increase in hotel bookings [3] - The demand for high-quality accommodations in non-first-tier cities has surged, with bookings for multi-room homestays increasing by 140% [3] Outbound and Inbound Travel - Outbound travel is experiencing a resurgence, particularly among residents of non-first-tier cities, with long-haul group tours increasing by nearly 100% [5] - Popular destinations for outbound travel include Iceland and Norway, with booking increases of over 100% [6] - Inbound tourism is also thriving, with a 33% year-on-year increase in flight bookings by foreign passport holders, indicating a growing interest in lesser-known Chinese cities [6] Travel Behavior - The trend of staggered travel is becoming popular, with over 30% of workers choosing to travel early and return late, leading to a significant increase in bookings during the holiday's beginning and end [7] - Average domestic flight prices dropped by over 30% during the holiday, with some routes seeing price reductions exceeding 50% post-holiday [7] - This "staggered travel" approach helps alleviate pressure on resources during peak travel times, optimizing resource allocation [7]