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Cultural Tourism Benefits Author of this article: Zhihui 2021-11-10
A quick overview of major cultural and tourism events every day.
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1. Hyatt Hotel: Net loss in the first three quarters was nearly US$200 million

Recently,Hyatt Hotels Corporation released its unaudited third quarter 2021 results report for the period ended September 30, 2021,Hyatt hotel revenue in the first three quarters 19.US$5.2 billion,18 year-on-year increase.88%;Net loss 1.US$9.3 billion,Loss narrowed by 61% year-on-year.4%。Hyatt hotel revenue in the third quarter of this year 8.US$5.1 billion,113 year-on-year increase.28%;Net profit 1.USD 200 million,174 year-on-year increase.53%。

2、Marriott: Third quarter net profit 2.USD 200 million,120% year-on-year increase

Recently,Marriott released its third quarter financial report for 2021,Total revenue in the third quarter 39.USD 500 million,75% year-on-year increase。Q3 net profit 2.USD 200 million,120% year-on-year increase,compared to 4 in Q2.2.2 billion down 47.9%。As understood,Global performance in the third quarter showed a sharp upward trend,System-wide comparable RevPAR decreased by about 26% compared with the same period in 2019,44% decrease compared to the second quarter,Significant improvement。Continued growth in leisure travel demand drives Marriott’s occupancy rate to over 188bet app 58%,ADR dropped only 4% compared to Q3 2019。

3. Ctrip: Signed a cooperation agreement with the Saudi Arabian Tourism Authority

Recently,London World Travel Mart in London, UK,Saudi Arabia Tourism Authority (STA) and Ctrip Group reached a cooperation agreement。According to agreement,Ctrip Group will cooperate with Saudi Arabia Tourism Authority on products、Technology、In-depth cooperation in destination marketing and other aspects,Promote the global influence of Saudi Arabia’s tourism industry。

Destination Investment Barometer

1、Investment in Kunming Paramount Film and Television Theme Park project increases to 51 billion

Recently,According to Metro Times report,Paramount Kunming project will undergo large-scale expansion,The construction land is up to 3903 acres。And,In addition to the construction of industrial sectors,Also involves residences、Educational supporting facilities and public supporting facilities,Total investment is about 51 billion yuan,But the specific start time has not yet been announced。As understood,Paramount Theme Park is located in Qixing Mountain, Dayu Area, Dianchi Lake Resort,An area of ​​about 733 acres,The total construction area is about 15.50,000 square meters,Total investment nearly 5 billion yuan。Park includes Paramount Boulevard、Adventure City、Peanut Town、Lost Kingdom、Dinosaur Empire、6 theme areas including Final Frontier and 1 logistics area,The total project construction period is 42 months,Estimated construction time is January 2021—June 2024。

2、Wuhan, Hubei signed 50 cultural tourism projects,Total amount reaches 1655.8.6 billion yuan

188bet online sports betting November 8,Hubei Culture and Tourism Key Project Investment Signing Conference was held in Wuhan,50 cultural tourism projects signed on site,Total amount reaches 1655.8.6 billion yuan。Wuhan Future World International Tourism 5A Level Scenic Spot Project,Planned investment of 10 billion yuan,Planned land 10,000 acres,Will build the future world、Qingma Village、Three major parts of Kangyang Town。

3、Sanming, Fujian Province plans to build a Huanjin Naoshan tourist resort,Total investment 4.300 million yuan

Recently,Reportedly,Sanming, Fujian Province plans to build a Huanjin Naoshan tourist resort,Total investment 4.300 million yuan。As understood,This project relies on the core scenic spot of Jinnao Mountain,Yijin Naoshan、Xiangxi Flower Valley and terraced lotus sea are supported,Implement health vacation、Healthy Tourism、Wild Luxury Hotel、Waterstone Camp、A series of projects such as ecological cultural center,Create a travel vacation、Business meeting、Sports、Zen pastoral、Gourmet vacation、A forest health resort integrating leisure and health care。

4. The United States lifts travel ban on 33 countries

November 8,Reportedly,U.S. reopens borders to fully vaccinated international travelers from 33 countries,Ending international travel restrictions lasting more than 18 months。According to new regulations,Fully vaccinated travelers from these 33 countries will be allowed to enter the United States,As long as they can show proof of vaccination,And proof of a negative COVID-19 test taken within three days before travel。Unvaccinated 188bet app download Americans and minors under 18 are exempt from this restriction,But proof of a negative COVID-19 test the day before travel must be submitted。To this,Indicated by major airlines,International flight bookings to the United States continue to increase。

Innovative cultural and tourism formats

Indoor amusement operator“The culture of joy”Completed the first round of financing of hundreds of millions yuan

November 9,According to 36Kr.com,Head indoor amusement operator“The culture of joy”Completed the first round of financing of hundreds of millions of yuan,This round of financing was strategically led by China Resources National Adjustment Xiamen Consumer Fund。As understood,Le’s Culture is the largest cross-business enterprise in China、Multi-brand indoor amusement operator,Focus on the two major sectors of parent-child entertainment and trendy entertainment,Building a city for families, parents, children and young people“Pan entertainment complex”。Lede Culture owns many well-known amusement brands,Mainly including meland、meland club、meland cafe and other meland family parent-child brands,and Star Legend、Toy Park and other amusement series brands。

Cultural tourism consumption insights

Report: Hotel transaction volume in mainland China reached approximately 9.7 billion yuan in the first three quarters of this year

November 5,The latest data released by Jones Lang LaSalle,First three quarters of 2021,Total 63 hotel investment transactions in Asia Pacific.USD 400 million,Among them,Mainland China hotel and serviced apartment transaction volume reaches RMB 9.7 billion,Leading the Asia-Pacific 188bet sports betting app download market,The hotel investment market is coming out of the trough。Report Display,First three quarters of 2021,Asia Pacific hotel investment transactions reached 127 investment transactions,Across 12 countries,About 2 involved.10,000 hotel rooms,Total 63.USD 400 million。Compared to the same period last year,Average transaction price per room decreased,from 36.USD 90,000 reduced to 30.USD 30,000。

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