Zhitong Finance APP learned，Today，Guotai Junan issued a research report，The hotel 188bet online sports betting is one of the industries most severely affected by public health events，The name of the bank，Due to the effective control measures adopted by the Mainland，He thinks the worst is over，The tourism 188bet online sports betting has begun to recover。

This line indicates，Mainland’s 188bet online sports betting occupancy rate and Rev PAR bottomed out in February，Upgraded since March，Currently 188bet online sports betting bookings have returned to about 50% of normal levels。Passenger traffic and flight volume bottomed out on February 23rd，respectively dropped to 7 of normal levels.5% and 23%。However，The latest data shows that the number of passengers and flights from June 1 to 5 rebounded to 66 in the same period last year.1% and 57.4%。

The bank believes，Mainland’s hotel and tourism revenue may drop by 30% to 50% in 2020。The speed of recovery of the mainland hotel 188bet online sports betting will depend on how quickly travel restrictions are relaxed and ultimately lifted。This line is expected，Mainland’s online travel agencies and hotel companies will begin to recover，But some companies will not recover until the third quarter of 2020。The bank believes，The 188bet online sports betting will still be in the recovery stage in the second half of this year，Hotel companies and online travel agencies are lowering prices to stay competitive，Avoid losing market share。

This line is expected，The hotel 188bet online sports betting “underperformed the market” in 2020，A "sell" rating on U.S. stocks for Ctrip Group and Huazhu Group，Rating Jinjiang Capital (02006) as “underweight”。Although the 188bet online sports betting is recovering，But the bank thinks，Until 188bet online sports betting revenue and profits return to 2019 levels，It still needs a long process，And there are still many uncertainties。

*Source of this article: Zhitong Finance，Original title:《Guotai Junan: The worst period for the mainland hotel 188bet online sports betting has passed, but it still needs time to recover》.