China Youth Travel Service 2016 Semi-annual Report: The operating income of scenic spots has increased significantly,Travel agency 188bet online sports betting income decreased by 7.38%

Author of this article: Qiu Wei 2016-08-10
First half of the year at CYTS 49.In total revenue of 7.6 billion yuan,Scenic spot management and integrated marketing services have achieved significant growth,A year-on-year increase of 30 respectively.56% and 21.20%;On the contrary, the income from the travel agency 188bet online sports betting, which is the traditional core 188bet online sports betting of CYTS, has declined slightly,Decrease by 7% year-on-year.38%。

Benefit news,Evening of August 10th,China Youth Travel Service (600138) released its 188bet online sports betting 2016 report。Report data display,In the 188bet online sports betting 2016, CYTS achieved a total operating income of 49.7.6 billion yuan,4 year-on-year increase.26%;Net profit attributable to shareholders of listed companies3.1.8 billion yuan,92 year-on-year increase.17%。As of closing on August 10th,China Youth Travel Service share price 20.82 yuan,Total market value 150.7 billion yuan。

1. Changes in revenue trends of 188bet online sports betting

China CYTS is committed to becoming a large international tourism operator,Adhering to the "holding type、Multiple platforms、The development strategy of “creating a tourism ecosystem”,188bet online sports betting coverage includes sightseeing and tourism、Vacation Travel、188bet online sports betting travel management 188bet online sports betting、Travel agency 188bet online sports betting such as inbound tourism 188bet online sports betting,Integrated marketing 188bet online sports betting based on exhibition 188bet online sports betting,Development and operation 188bet online sports betting of Wuzhen and other scenic spots and hotel 188bet online sports betting, etc.。

The main 188bet online sports betting of CYTS by industry in the first half of 2016

Visible from the picture above,188bet online sports betting products and services、IT product sales and technical services、The four major parts of integrated marketing services and scenic spot management are the main sources of CYTS’s total revenue,The four parts together accounted for 95% of CYTS’s total revenue in the first half of the year.58%,Among them, 188bet online sports betting products and services are represented by 38.01% ranks first。

According to CYTS annual reports,Zhihui comprehensively statistics the revenue structure of CYTS since 2011。As shown in the picture above,Among CYTS’s 7 main sources of income,As the traditional core 188bet online sports betting of CYTS, the travel agency 188bet online sports betting has always been the main force of revenue,But due to fierce competition、The market is more transparent,The revenue proportion of this part of the 188bet online sports betting is declining year by year,from 59 in 2011.16% has dropped to 38 in the first half of this year.01%。At the same time,The gross profit margin of this part of the income is also the lowest,Only 7.37%。However, the scenic spot management 188bet online sports betting has caught up from behind,Although the current revenue share is not yet in the top three,But it has maintained very stable and rapid growth。

In the revenue structure of 188bet online sports betting,The two items with higher gross profit margins are the hotel industry and scenic spot management。As of the end of 2015,There are 53 branches of Shanshui Hotel under 188bet online sports betting,There are 31 directly operated stores、17 franchise stores,5 managed projects。October 2015,Shanshui Hotel completes share reform,Renamed Shenzhen 188bet online sports betting Landscape Hotel Co., Ltd.,And successfully listed on the New OTC Market in February 2016 (referred to as: Shanshui Hotel,Code: 835714)。At the same time,The two scenic spots operated by 188bet online sports betting - Wuzhen in Zhejiang and Gubei Water Town in Beijing are also developing well。

According to the picture above,Since 2014,The revenue and number of tourists in Wuzhen and Gubei Water Town scenic spots have maintained rapid growth。Especially Gubei Water Town,In the 188bet online sports betting 2016, the number of tourists increased by 89% year-on-year.53%,Revenue increased by 93% year-on-year.60%,Remarkable results。

II. Highlights during the reporting period

1. Travel agency 188bet online sports betting

First half of 2016,China CYTS Travel Network products、Sales、Platform、Four major innovation 188bet online sports betting groups,Marketing、Wireless、Operation、Technology、Organizational structure operation of the five functional divisions,And continue to insist on "genuine licensed goods、Creative theme、The market positioning of mid-to-high-end customization is developing steadily。During the reporting period, Aoyou.com launched the “Aoyou Research” project,Advance Education、Sports + Tourism Emerging Markets,Continuously launch innovative products based on customer needs;“Aoyou Travel” APP client has been upgraded again,Comprehensive optimization of the booking process and customized channels。China Youth Travel Service’s high-end tourism 188bet online sports betting—“Yaoyue” is developing well,Won the "World" magazine's 9th Tourism Ceremony - Best High-end Tourism Brand of the Year Award during the reporting period、2016 South African Tourism Board’s Best Travel Agency Partner and other honors。Inbound 188bet online sports betting and 188bet online sports betting travel 188bet online sports betting continue to maintain steady development。

2. Integrated marketing 188bet online sports betting

First half of 2016,Benefit from conference activities、Public Relations Communication、Digital Marketing、Sports Marketing、The 188bet online sports betting layout of the entire industry chain of expo and exhibition operations and the continuous expansion of new businesses such as destination marketing,The operating income of CYTS integrated marketing 188bet online sports betting increased by 21% compared with the same period last year.20%,Net profit increased by 32.53%,Won the Golden Chair Award for “Best Exhibition Company of the Year” for six consecutive years。During the reporting period,China Youth Travel Service continues to deepen the implementation of the "collaborative integration" strategy,On the one hand, through various 188bet online sports betting subsidiaries、Collaboration between regional subsidiaries to transform customer resources、Import 188bet online sports betting opportunities,Change the 188bet online sports betting structure of the company’s existing customers from single service to multiple services,From simple services to high value-added services,From offline services to online and offline integrated services;On the other hand, give full play to the uniqueness and market competitiveness of the integrated marketing service model,Won consecutive bids and implemented integrated marketing service projects for large-scale overseas incentive activities for multiple companies,Completed the "Second Guiyang Big Data Expo" in a row、"The 4th Beijing International Trade Fair"、"2016 World Rose Intercontinental Conference"、"The First Beijing World Tourism Development Conference"、"The Second United Nations Creative Cities Beijing Summit"、Integrated services for a series of large-scale international conferences and events such as the "First AIIB Annual Conference"。

188bet online sports betting League (837784) officially listed on the New OTC Market in July 2016 and made market transfers,Opening a new development stage driven by the dual wheels of industry and capital。

3. Scenic spots and hotel 188bet online sports betting

  • 188bet online sports betting

First half of 2016,Visitors to Wuzhen Scenic Area、Operating income hits new high。A total of 477 tourists were received from January to June.850,000 people,Year-on-year growth of 23.38%,Among them, East Gate 227.650,000 people,16 year-on-year increase.75%,Xizha 250.200,000 people,30 year-on-year increase.11%,The good reputation and attractiveness of Xizha leisure and vacation products are further demonstrated。Cumulative operating income in the first half of the year 7.0.4 billion yuan,30 year-on-year increase.56%;Realized net profit 3.8.1 billion yuan,76 year-on-year increase.79%。During the reporting period, Wuzhen Scenic Area successfully held the first Wuzhen Contemporary Art Invitational Exhibition and launched the “Spring Drama Exhibition” for the first time、Hold the theme exhibition of "Nietzsche and Mu Xin"、The investment-produced drama "Mr. Big" has been performed at the National Theater for 4 consecutive performances and will soon tour across the country,And actively prepare for the 4th "Wuzhen Theater Festival" (October 13th to October 22nd),The "Cultural Wuzhen" brand positioning of Wuzhen Scenic Area has been further strengthened,The market visibility and influence of scenic spots at home and abroad continue to increase。First half of 2016,Wuzhen Wucun project begins trial operation。Wucun revolves around the characteristics of rural villages in Jiangnan,Join and complement each other with Wuzhen Dongxizha Scenic Area,With pastoral scenery as the theme,Adopt an all-inclusive package experience,Packed accommodation、Dine、Snacks、Car and other expenses,And includes more than 20 rural wild experience projects,Using a new 188bet online sports betting model to create a high-end tourist resort ecological zone with the theme of "leisure resort"。The Puyuan project is still in progress。

  • Gubei Water Town 188bet online sports betting Area

First half of 2016,Gubei Water Town receives 93 tourists.510,000 people,89 year-on-year increase.53%;Achieve operating income 30,406.760,000 yuan,93 year-on-year increase.60%。During the reporting period,Gubei Water Town increases hot spring center、Children’s Playhouse、Musical fountain, etc.,Continuously improve supporting facilities,Add scenic spot content;By launching Ice Show、Sleigh、Stargazing、Playing in the water、Forest exploration and other projects to create the winter charm of Gubei Water Town、Outing in spring、Summer and other seasonal themes;Passed the 2016 Simatai Great Wall Run Music Festival、Drama Master Suzuki Tadashi Training Camp、Beijing Municipal 188bet online sports betting Development Committee’s “Great Wall Heroes” large-scale O2O global 188bet online sports betting marketing promotion event、BAIC Motor’s “Return of the Off-Road Family Veteran” Beijing New Car Launch Ceremony and other activities enhance the popularity of the scenic spot。During the reporting period,The Gubei Water Town real estate project "Great Wall Yuanzhu" in which CYTS has a stake has achieved settlement。

4. Hotel 188bet online sports betting

During the reporting period,China CYTS Shanshui Hotel is exploring various cooperation models on the basis of steady development、Actively develop new projects,A total of 6 new hotel projects were signed in the 188bet online sports betting the year,Further expand regional layout,First time in Nanchang, Jiangxi、Shanshui Hotel opened in Shenyang, Liaoning。During the reporting period, CYTS Shanshui Hotel won the "Gold Award for Outstanding Achievements in China's Hotel Industry" at the China Hotel Industry International Conference。On February 2, 2016, CYTS Landscape was officially listed on the New OTC Market。188bet online sports betting 2016,China CYTS Shanshui achieved operating income of 174.99 million yuan,Slight increase compared with the same period last year。

5. Strategic investment 188bet online sports betting

During the reporting period,The operating income of CYTS Chuange Technology Co., Ltd. continued to grow based on a high base last year8.87%;In the 188bet online sports betting 2016, the overall operating income of CYTS Fengcai Technology Co., Ltd. increased,But due to increased marketing expenses,Net profit has declined;China CYTS Tower continues to maintain 100% occupancy rate in the 188bet online sports betting the year。

*Click the link to view related articles:News,A 188bet online sports betting of about 90%》,《China Youth Travel and 188bet online sports betting subsidiary CYBS Bolian was approved to be listed on the New Third Board,Domestic exhibition giants begin to enter the capital market》,《China 188bet online sports betting Annual Report: Total Revenue in 2015 105.7.7 billion yuan,Decrease by 0 year-on-year.28%

*Author of this article: Qiuwei (personal WeChat: MissQiuwei),Zhihui 188bet online sports betting Reporter,Welcome to break the news、Welcome to communicate!

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