五一假期火热收官，据文化和旅游部披露的数据，假期5天全国国内出游3.14亿人次，同比增长6.4%； 国内游客出游总花费1802.69亿元，同比增长8.0%。 近日，多家酒店和民宿集团发布的数据显示，五一假期，住宿行业迎来"最火五一"，酒店接连满房，民 宿预订量创历史新高。 三亚·亚特兰蒂斯5天假期平均入住率达94%，多个度假村连续3天满房 度假区和旅游目的地酒店方面，复星旅文的报告显示，五一假期复星旅文旗下度假产品全线飘红，多个 度假村及目的地连日满房。 其中，复星旅文旗下的三亚·亚特兰蒂斯于5月1日至5日累计接待游客12万人次，酒店平均入住率达 94%。5月1日至5月4日，复星旅文旗下南京仙林、太仓、安吉、延庆、黑龙滩、千岛湖六家Club Med度 假村平均入住率超95%，多家度假村连续3天满房。 此外，复星旅文旗下太仓阿尔卑斯国际度假区于本次五一假期累计接待游客近3万人次，其中阿尔卑斯 雪世界接待游客近2万人次；地中海白日方舟·太仓度假村假期5月1日至4日4天平均入住率达96%，其中 5月1日至5月3日连续满房。 5月2日酒店满房率最高，小城市酒店入住率增长势头强劲 华住集团披露的数据显示，今年华住旗下酒 ...

Core Viewpoint - The recent music festivals at Wuhan Airport Music Square have attracted nearly 100,000 music fans nationwide, showcasing a blend of music, consumption, and cultural tourism, significantly boosting the local economy [1][7][11]. Group 1: Event Highlights - The music festivals featured a strong lineup of top artists, including Cui Jian, Xu Wei, Lao Lang, Zheng Jun, and Zhao Lei, with classic songs that sparked enthusiastic sing-alongs among attendees [3]. - The unique setting of the music festival, with planes taking off and landing in the background, created a romantic atmosphere, enhancing the overall experience for attendees [5]. Group 2: Economic Impact - The music festivals led to a substantial increase in local economic activity, with restaurant, accommodation, and transportation spending rising significantly during the events [7]. - The surrounding area saw a 45% year-on-year increase in sales of imported and exported goods at Hankou North International Trade [7]. - The synergy between the music festival and local attractions, such as Mulan Scenic Area, resulted in over 200,000 visitors on the first day of the holiday [7]. Group 3: Brand Value and Future Plans - The music festivals have elevated Wuhan's brand value, with related topics on social media platforms like Weibo and Douyin garnering over 10 million views [11]. - The "Airport+" model has created a tourism route connecting the music square with nearby attractions, enriching the experience for music fans and providing new growth opportunities for local industries [9]. - Future plans include deepening the "Music+" strategy, with seasonal themed music events and improved facilities to enhance the experience for music fans, aiming to continue driving economic and social benefits for the city [22].

拿着剧票去观展、凭车票享景点优惠、用球赛门票住店有折扣……一张票，跨界联动多样场景，串起长 长消费链条，形成"1+1>2"的效应。多地围绕自身文旅资源，推出联合票券、折扣套餐、满减优惠等服 务产品，推动文体商旅融合发展。"五一"假期，小小票根，显现撬动消费的巨大能量。 ——编者 河北廊坊： 一部戏剧带来跨界"玩法" 本报记者邵玉姿 "我们整合园区内主要文旅资源，联动周边商业生态，推出多项优惠。"梦廊坊国际戏剧公园总经理胡锋 介绍，除"购票赠票"活动，游客凭戏剧幻城门票或入园码，在水云间文化商街近20家餐饮店可享受九折 用餐优惠；戏剧公园与廊坊多家酒店联合推出"住游"优惠套餐；还与影院等商业项目开展跨界合作，消 费者凭影院会员卡可在戏剧公园享受票务折扣、停车免费等优惠。 "两个人，两张两日票，加上住一晚，花了1899元。"早就计划好假期行程，张婷提前一周在网络平台上 预订了"住+游"优惠套餐，"算下来，省了好几百元。" 打卡特色情景园林，沉浸式观看戏剧表演……"玩开心了，也要吃开心！"在戏剧幻城游玩了一下午，傍 晚时，张婷和朋友来到水云间文化商街一家餐饮店吃晚饭。 "凭入园码打九折，又能省一笔。"吃饭间隙，张婷 ...

美国关税传来最新消息。 刚刚，据日本共同社报道，美国拒绝对日本予以"对等关税"全面豁免。另据彭博社报道，在与美国的贸易谈判 中，印度提议在对等的基础上，对一定数量的钢铁、汽车零部件和药品实行零关税。 与此同时，美国宏观数据也持续扰动市场。今晚，美国供应管理协会（ISM）公布的数据显示，美国4月ISM 服务业PMI指数录得51.6，重回扩张区间，大幅高于预期的50.2。分析称，数据表明，在美国制造业受关税影 响持续收缩的背景下，服务业仍表现稳健。 受此影响，美股三大指数跌幅收窄，道指率先转涨，截至发稿，道指涨0.14%，纳指跌幅收窄至0.45%。美国 财政部长贝森特在最新的讲话中表示，美国股市具有"抗脆弱性"，美国将巩固"全球资本中心"的地位。 关税的变数 北京时间5日晚间，日本共同社援引知情人士的话报道，在最近的关税谈判中，美国拒绝对日本予以"对等 关税"全面豁免。 消息人士透露，上周华盛顿会晤期间，美国财政部长贝森特等美国官员告知日本首席谈判代表赤泽亮正，特朗 普政府只愿意考虑降低14%的特定关税，该关税已暂停实施至今年7月初。但日本一直主张彻底取消"对等关 税"，包括对汽车加征25%的关税以及对钢铁和铝加 ...

Group 1 - The core viewpoint of the article highlights the significant increase in tourism and hospitality performance in Shanghai during the "May Day" holiday, with a total of 16.5 million visitors and a 10.2% increase in tourism revenue [1][3][4] - Shanghai's overall tourism transaction amount reached 20.11 billion yuan, reflecting a robust recovery in the tourism sector [1][3] - The hotel occupancy rate in Shanghai was 73%, marking a 6.5 percentage point increase year-on-year [1][3] Group 2 - The introduction of night tourism products during the holiday, such as fireworks shows and themed events, extended consumer engagement and positively impacted the hospitality sector [3][4] - The popularity of rural and ancient town experiences contributed to increased visitor rates and overnight stays in suburban areas [3][4] - The "Le You Shanghai" tourism consumption vouchers played a crucial role in driving spending, with a record redemption amount of 1.5 million yuan on May 1 [4] Group 3 - A total of 660 commercial performances were held during the holiday, serving approximately 740,000 attendees, with ticket revenue increasing by 59.41% to around 163 million yuan [4][5] - Large-scale events attracted significant crowds, with notable performances like the "Star Rail LIVE" concert drawing nearly 30,000 attendees, leading to increased spending in the city [5]

Core Insights - Airbnb reported a strong start to 2025, with total bookings nearing $25 billion in Q1, demonstrating the resilience and adaptability of its business model [1] - The company is preparing to expand beyond accommodations, with plans to unveil new initiatives at the upcoming summer product launch on May 13 [1] Financial Performance Overview - In Q1 2025, Airbnb's revenue reached $2.3 billion, a 6% increase from $2.1 billion in Q1 2024, primarily driven by robust growth in accommodation bookings, despite a slight decline in average daily rates (ADR) [3] - Net profit for Q1 2025 was $154 million, with a net profit margin of 7%, down from $264 million in the same period last year, attributed to increased employee stock compensation and impairment charges [3] - Adjusted EBITDA for Q1 2025 was $417 million, with an 18% profit margin, slightly down from $424 million in Q1 2024 due to calendar effects and increased R&D investments [3] - Free cash flow for Q1 2025 was $1.8 billion, with a 12-month free cash flow margin of 78%, reflecting a decrease from $1.9 billion in Q1 2024 [3] Operational Highlights - The mobile app strategy contributed significantly to growth, with bookings through the app increasing by 17% year-over-year, accounting for 58% of total bookings [2] - Emerging markets showed strong performance, with total night bookings in these regions growing at more than double the rate of Airbnb's core markets [2] - The number of active listings continued to grow healthily, with significant increases in Latin America and the Asia-Pacific regions [2] Shareholder Returns - In Q1 2025, the company repurchased $807 million of Class A common stock, contributing to a total repurchase of $3.5 billion over the past twelve months [4] - As of March 31, 2025, the company held $11.5 billion in cash and cash equivalents, along with $9.2 billion in customer deposits [4] - The company has authorization to repurchase up to an additional $2.5 billion of Class A common stock under its current buyback program [4]

"五一"假期第二天，来长游客显著增加。景区开放供需两旺，旅游热度高。橘子洲、岳麓山等重点热门景 区旅游热度保持，客流量总体持续高位运行。大围山国家森林公园、铜官窑国风乐园等景区举办各类特色文旅 活动，吸引了大量游客观赏和参与，助力长沙旅游区域均衡、协调发展。 文化氛围浓。市图书馆展出了"读书图长远 长图长相伴"——长沙市图书馆新馆开放十周年大事记载展、"简 牍不简"主题展等常设展外，还开展了长沙图书馆AI旅拍留影机——穿越时空的长沙记忆体验活动等主题活动； 长沙美术馆展出"处处有灵光"——第九届"艺术长沙"双年展等；长沙非物质文化遗产展示馆、滨江文化园、雨 花非遗馆等非遗展示馆开展了"有味道的非遗"五一长沙非遗集市活动。 游客在湘江欢乐海洋公园游玩。 "五一"假期第二天长沙再迎火爆出圈时刻。从市文旅广电局获悉，截至5月2日17时，长沙84家等级旅游景 区接待游客92.87万人次，橘子洲、岳麓山、长沙滨江文化园位列前三；20家住宿单位当日接待8742人次，营收 776.5141万元，同比分别增长12.13%、21.59%；15家文化文博单位接待5.133万人次，同比增加38.05%；16时瞬 时客流达全天峰值1 ...

欢迎扫描下方二维码关注： 来源： 北京税务 供稿：北京门头沟税务 不适用研发费用加计扣除政策 的行业，包括烟草制造业、住宿和 餐饮业、批发和零售业、房地产业、 租赁和商务服务业、娱乐业、财政 部和国家税务总局规定的其他行业。 热点问题 1 适用研发费加计扣除政策的研发活动是指什么? 根据财税〔2015〕119号的规定，研发活动是指 企业为获得科学与技术新知识，创造性运用科学技术 新知识，或实质性改进技术、产品（服务）、工艺而 持续进行的具有明确目标的系统性活动。 2 哪些活动不适用加计扣除政策? 为提高政策的精准性、可操作性，财税〔2015〕 119号文明确以下活动不适用加计扣除政策： 1 企业产品（服务）的常规性升级； ℓ 对某项科研成果的直接应用，如直接采用公开 的新工艺、材料、装置、产品、服务或知识等; 罚 市场调查研究、效率调查或管理研究； 団 作为工业 (服务)流程环节或常规的质量控制、 测试分析、维修维护; 0 社会科学、艺术或人文学方面的研究。 8 哪些行业不适用研发费加计扣除政策? 财税〔2015〕119号第四条列举了不适用研发费 用加计扣除政策的行业，包括烟草制造业、住宿和餐 饮业、批发和零 ...

金十数据整理：每日美股市场要闻速递（5月2日 周五） 重要新闻 个股新闻 1. 据The Information：英伟达(NVDA.O)在美国出口规定后调整AI芯片，重启定制化芯片研发工作。 2. 苹果(AAPL.O)第二财季营收超过华尔街预期，但服务收入令人失望，CEO库克估计关税将增加9亿美 元成本。 3. 亚马逊(AMZN.O)第一季度营收、利润双双超出市场预期，但对二季度的营业利润指引不及市场预 期。 1. 4月非农就业数据高于预期，失业率维持不变，2月和3月非农就业人数合计下修5.8万人。 2. 非农后特朗普发文呼吁降息，文末再次带上"DJT"。 3. 据日本共同社报道，美国不愿给予日本汽车和钢铁关税豁免以及10%的对等关税豁免。 4. 雪佛龙(CVX.N)第一季度EPS下降36%，至35亿美元。 5. 爱彼迎(ABNB.O)预测第二季度收入低于预期，并指出美国旅游需求减弱。 6. 埃克森美孚石油(XOM.N)第一季度调整后每股收益符合预估。 7. 爱彼迎(ABNB.O)季度收入展望连续第二次低于预期。 8. 壳牌(SHEL.N)一季度利润超预期。 ...

Financial Data and Key Metrics Changes - In Q1 2025, Airbnb reported nearly $25 billion in guest spending, indicating strong demand despite global uncertainties [5] - Revenue for the quarter was $2.3 billion, up 6% year over year, with an adjusted EBITDA of $417 million, representing an 18% margin [12][13] - Free cash flow for Q1 was $1.8 billion, with a 39% free cash flow margin over the past twelve months [14] Business Line Data and Key Metrics Changes - Nights and experiences booked reached 43 million, an 8% increase year over year [12] - Growth by region showed Latin America growing in the low twenties, Asia Pacific in the mid-teens, Europe in the mid-single digits, and North America in the low single digits [13] Market Data and Key Metrics Changes - The U.S. market has seen a decline in foreign travelers, with inbound travel from Canada significantly reduced, but domestic travel remains strong [30] - Latin America continues to be the fastest-growing region, with origin nights in Brazil growing 27% and first-time bookers increasing over 30% [21] Company Strategy and Development Direction - Airbnb is focused on long-term growth and preparing for a transformation beyond just accommodations, with significant upgrades to its core service [8][10] - The company plans to launch new offerings on May 13, 2025, which are expected to drive future revenue growth [11][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current economic volatility but expressed confidence in Airbnb's adaptability and resilience, citing past recoveries from downturns [6][22] - The outlook for Q2 includes expected revenue growth of 9% to 11% year over year, with a focus on maintaining strong adjusted EBITDA margins [15][17] Other Important Information - Airbnb has repurchased $807 million of its common stock during the quarter, with $2.5 billion remaining on its repurchase authorization [14] - The company is investing $200 to $250 million to launch and scale new businesses in 2025, which will impact margins in the second half of the year [17][18] Q&A Session Summary Question: Travel corridor changes and market share impact in the U.S. - Management noted a decline in foreign travelers to the U.S., but emphasized that this segment is a small portion of overall business, with strong domestic market share maintained [30][31] Question: U.S. guest behavior and booking trends - Management observed higher income travelers remain stable, while short lead time bookings are growing, indicating a wait-and-see approach for longer-term bookings [36][37] Question: Strategies for reaccelerating unit growth - The focus is on perfecting core services, enhancing usability, affordability, and reliability, with significant potential for international growth [41][46] Question: Urban market strategies and margin guidance - Management sees hotels as a significant opportunity for Airbnb, with plans to expand hotel offerings and maintain margin guidance despite macro uncertainties [50][53] Question: Growth trends and expansion market performance - Growth in expansion markets, particularly Latin America, has been strong, with localized marketing and product strategies driving momentum [60][110] Question: Pricing flexibility and ADRs - Management indicated that hosts have more pricing flexibility compared to hotels, which can drive better room nights and align with customer affordability [95][100]