“Marriage” Hainan,Self-rescue and expansion of the world’s largest 188bet best bookmaker group

188bet best bookmaker Authors of this article: Zeng Jianzhong (Ethan), Li Haiqiang 2020-08-25 08:27:37
The epidemic has brought profound changes to the cultural 188bet best bookmaker industry,In these moves。

Changes the epidemic has brought to the cultural 188bet best bookmaker industry,One of them is a giant travel company、Selection and actions of well-known tourist destinations。

Recent,Representative of German TUI Group、Bu Guido, CEO of China Tuyi said,Next few months,TUI Group (TUI,Hereinafter referred to as "TUI") will establish the TUI Asia-Pacific regional headquarters and joint venture company in 188bet best bookmaker。

At the same time,TUI technology platform and products,Cruise Line、Charter flight route、Hotel、Overseas marketing, etc.,Both will cooperate with 188bet best bookmaker。

TUI,Service users exceed 20 million、Business covers 115 countries,Fiscal year 2019 revenue of 190 euros (equivalent to approximately 155.5 billion yuan),From the perspective of revenue,It is the largest 188bet best bookmaker group in Europe,Even the world’s largest 188bet best bookmaker group,Established a joint venture with domestic 188bet best bookmaker giants in the early years,But the “movement” in the Chinese market is not very big。

The Asia-Pacific headquarters where this plan is implemented,"Marriage" with 188bet best bookmaker,A really big move。

Several key questions: Why 188bet best bookmaker?Why TUI?TUI’s self-rescue,What kind of "abacus" is there?

In the complex market situation caused by the epidemic,Behind these problems,What does it reflect about the direction of China’s cultural 188bet best bookmaker industry?

Why 188bet best bookmaker

Why 188bet best bookmaker?We want to see the current situation in 188bet best bookmaker,We also need to look at the future of 188bet best bookmaker。

The current recovery trend of Hainan’s cultural 188bet best bookmaker industry is relatively good。Refer to several sets of data。

Qunar.com data display,188bet best bookmaker Hotel since May,Order volume from May to July increased by 25% month-on-month respectively、 17%、21%,Much higher than other tourist destinations。

Information display of 188bet best bookmaker Daily,188bet best bookmaker yachts went to sea in the first seven months of this year 5.More than 20,000 ships,Going to sea on a yacht 34.More than 70,000 people,has gradually recovered to the level of the same period last year;The number of yacht sailings in July increased by 80% year-on-year.48%,The number of people taking yachts to sea increased by 32% year-on-year.45%。

Another public data is,July 1st to August 18th,The sales of 4 duty-free shops on 188bet best bookmaker islands exceeded 5 billion yuan,YoY growth 2.5 times,Average daily sales exceed 100 million yuan;The number of shoppers reached 740,000,70% year-on-year increase;4.58 million items purchased,YoY growth 1.5 times。

At least two points can be seen behind these data: 1、Hainan itself is one of the popular destinations for summer travel,Including Sanya, it is one of the important leisure and vacation destinations in China,The domestic epidemic situation is improving,Domestic travel demand released、The original outbound travel demand was partially internalized into domestic travel,In turn, it promotes Hainan’s 188bet best bookmaker consumption conversion;2、Previous greater tax exemption policy,has a drainage effect。In the period before outbound travel really resumes,This is a digestion period for Hainan’s duty-free market and a period of opportunity for expansion。

To predict the future of Hainan 188bet best bookmaker,The duty-free market is a better target for observation。It can be said,Hainan stands at an important juncture period,Look at it from three aspects,Policy、Landing action、The two sides of the black swan crisis。

Hainan has received many important policy blessings over the years,Among them, the "Overall Plan for the Construction of Hainan Free Trade Port" issued on June 1 this year,Raise Hainan’s policy dividends to a very high level,To its international tourist island、The construction of an international 188bet best bookmaker consumption center has huge benefits,Hainan’s 188bet best bookmaker industry can correspond to the policy space introduced、There is greater tension in the hierarchy。

For example, substantial adjustments to the tax exemption policy,Making Hainan’s 188bet best bookmaker consumption a more direct and effective breakthrough。Whether it’s traffic flow、Boost regional consumption、Promote destination recovery,Even the construction of an international 188bet best bookmaker consumption center,And improve its position in the international duty-free market in the future,Create a duty-free highland,All helpful。

The corresponding implementation action in 188bet best bookmaker is to try to break the monopoly of the local duty-free market,For example, it is proposed to use market-based competition methods such as bidding to select and determine the newly added duty-free shopping business entities in 188bet best bookmaker Islands,Intention to add new tax-free business entities。At the same time,188bet best bookmaker also plans to introduce international duty-free giants。The other is that two state-owned enterprises in 188bet best bookmaker have recently been approved for duty-free operation in offshore islands。

Multi-level and diversified tax-free business entities,It not only gives local enterprises the opportunity to share the pie,Also provides 188bet best bookmaker with a direct starting point for tax-free business entities,In essence, it helps to increase competition and activity in the duty-free market,And optimize the duty-free product supply system,The correspondence between supply and demand creates a rolling market effect,It is also helpful to convert the original outbound travel tax-free customer group。

This is about the two sides of the black swan crisis。Although the epidemic has caused heavy damage to Hainan’s 188bet best bookmaker industry,But the other side,Because the epidemic is relatively mild,Hainan has advantages in attracting domestic 188bet best bookmaker,At the same time, the export of outbound travel demand is restricted,Partially internalized as domestic travel,Hainan has become one of the important places to undertake transformation。

Hainan 188bet best bookmaker is facing a relatively obvious and special period of opportunity,Except domestic travel,There are also inbound tours。

Refer to the information of the World 188bet best bookmaker Organization,Most of its members are expected,International 188bet best bookmaker will resume in the second half of 2021。If this is a full recovery,Combining the current epidemic situation and the possibility of normalization,This estimate may be optimistic。

However,Regions with better epidemic prevention and control such as China,In the context of some countries in Europe, Asia and the United States gradually relaxing travel bans,May become one of the preferred destinations for international tourists。

United Airlines resumes China-U.S. routes in early July,Korean Air resumes Incheon-Tianjin route at the end of July,Air Canada and British Airways will resume flights to mainland China in August... although the number of pure tourists should be relatively small,But it is still an important phenomenon。

Also,The Ministry of Commerce recently issued the "Overall Plan for Comprehensively Deepening the Innovative Development of Service Trade" and proposed,Strive to strengthen 188bet best bookmaker under normalized epidemic prevention and control conditions、International cooperation in sports and other fields,Actively develop inbound 188bet best bookmaker, especially mid- to high-end inbound 188bet best bookmaker。

This can actually be regarded as the internal circulation of national ministries and commissions at the 188bet best bookmaker level、Measures to promote domestic and international dual circulation。

here,During the international 188bet best bookmaker recovery period,Hainan’s inbound 188bet best bookmaker can “walk on two legs”: 1、Integrating outbound 188bet best bookmaker into domestic 188bet best bookmaker leads to more traffic conversion;2、More and better marketing for inbound 188bet best bookmaker to attract traffic,Lay some better foundations for the competition for passenger flow after the resumption of international 188bet best bookmaker in the future。

This requires Hainan to develop 188bet best bookmaker products、Service、The quantity and quality of marketing and other aspects have improved,The leisure and vacation industry chain needs to be improved and upgraded。

Look at another set of data.

Official data display,2019,188bet best bookmaker inbound tourists 143.590,000 people,13 more than the previous year.6%,107 of them are foreigners.910,000 people,Growth 20.3%。Same year,National inbound tourist arrivals 1.4.5 billion people,YoY growth 2.9%。Among them: 31.88 million foreigners,Growth 4.4%。

That is, the total number of inbound tourists to Hainan in 2019 accounted for less than 1% of the country's total,But foreigners account for more than 3% of the country。It shows that there is still a lot of room for improvement in Hainan’s inbound 188bet best bookmaker,And attracting foreign tourists has certain advantages。This is also one of the connotations of Hainan’s construction of an international tourist destination。

Various factors superimposed,Inbound tours to Hainan may be required for the rest of the year、There will be a better breakthrough in the next year,The quality of its appearance will affect the prospects of Hainan’s 188bet best bookmaker industry for a longer period of time。

188bet best bookmaker needs to find more helpers,This is very straightforward,The predictability of the results is also relatively obvious。

So, why 188bet best bookmaker?

188bet best bookmaker’s self-rescue and expansion

What does 188bet best bookmaker have?

As the largest 188bet best bookmaker group in Europe,TUI’s business scope covers the entire 188bet best bookmaker value chain。Public data display,TUI has more than 400 hotels and resorts、18 cruise ships、More than 150 medium and long-distance airlines、1600 travel agencies and many well-known European tour operator brands。TUI provides 188bet best bookmaker products and services to approximately 28 million tourists from 115 countries around the world every year,21 million of them are from European countries,It has 150,000 destination activity products。

According to German TUI Group representative、What Bu Guido, CEO of China Tuyi said,The cooperation between TUI and 188bet best bookmaker includes several aspects: it hopes to establish a strong local team in 188bet best bookmaker,Actively cooperate with Chinese local airlines,Provides TUI technology platform and products;Expanding TUI Cruises routes、Charter flight route to 188bet best bookmaker,In conjunction with local ground services,Introducing TUI hotel brand and management resources,Gradually convert TUI’s successful products、Technology and experience introduced to 188bet best bookmaker。

At the same time,TUI will also coordinate with the Hainan Provincial Department of 188bet best bookmaker,Develop an effective overseas marketing plan,Introducing more international tourists to Hainan。

188bet best bookmaker’s destination overseas marketing,TUI has 1,600 travel agency stores almost all over Europe,Destination activity products are huge,Provides a large number of channels。In addition, TUI has completed the TUI global brand unified marketing campaign,Has rich marketing experience。

TUI has already served the conversion of users、Marketing promotion,It will bring more possibilities to divert inbound 188bet best bookmaker to Hainan。Another key is,TUI may provide help in optimizing and upgrading Hainan’s leisure and vacation industry chain。such as hotels and cruise ships。

188bet best bookmaker’s current business model relies heavily on its two core businesses of hotels and cruise ships。Back in 2017,The hotel and cruise business contribute nearly half of 188bet best bookmaker’s profits。Its 2019 financial report shows,Hotel and cruise business income 16.€2.6 billion,Accounting for 3 of the company’s total revenue.8%,But the profit is as high as 8.€0.9 billion。

And the hotel、Cruise is also an area that 188bet best bookmaker is focusing on promoting development,especially cruise ships。TUI enters deeper cooperation,will help。

Among many cooperation contents,TUI hopes to seize the policy opportunities of 188bet best bookmaker Free Trade Port,Use your own advantages,While "seeking profits" for 188bet best bookmaker,Also has its own "abacus"。

Long term view,TUI hopes to penetrate Hainan’s 188bet best bookmaker industry chain,Add more in Hainan、Business expansion layout of the 188bet best bookmaker market in China and even the Asia-Pacific region。There is important data above,TUI serves over 28 million tourists,21 million from European countries,75%,Meaning that only a small portion of the remaining tourists from Asia-Pacific and other regions。

The rise and advancement of the 188bet best bookmaker market in China and other countries,Making the Asia-Pacific region more potential to be tapped。TUI’s business is expanding from the European market to the Asia-Pacific region,Also normal,The epidemic provides an opportunity。

In the short or medium term, 188bet best bookmaker needs to actively save itself.

The epidemic has brought great harm to this company founded in 1968,Causing the biggest crisis in 52 years。The demand side drops sharply or even returns to zero,Making Hotels and Resorts、Cruise and air services have dropped to freezing point,188bet best bookmaker has no income,Under huge cost pressure,Funding crisis increases。

As early as around April this year,188bet best bookmaker announced that it has received a loan of 1.8 billion euros (equivalent to nearly 14 billion yuan) from the German Development Bank,The price is that 188bet best bookmaker will give up its quarterly shareholder dividend for fiscal year 2019。At the same time,Early April,188bet best bookmaker announces its 1.10,000 employees (1 in total.More than 30,000 employees) are on unpaid leave。

TUI has increased its business barriers in recent years,Continuously revise our own model,Penetrate business tentacles into all aspects of 188bet best bookmaker services,Providing end-to-end full chain services,Including but not limited to inquiries and bookings from vacation products、Flight bookings with own airlines,To provide owned or operated hotels、Resort and Cruise Products and Services。

The advantage lies in effective control of resources and cost control,Product creation and service provision、Bargaining rights and other aspects bring more possibilities,Form a closed-loop effect。The disadvantage lies in asset-heavy operations,Brings huge pressure on funds and operations,Especially when faced with a sudden crisis such as an epidemic,Weak hedging ability。

188bet best bookmaker’s financial report for the third quarter of fiscal year 2020 (as of June 30),Its third quarter loss was 1.1 billion euros,Although as the epidemic situation improves,188bet best bookmaker’s business has recovered,But the uncertainty of the epidemic and its normalization,The crisis has not yet been substantially alleviated。

August 13,188bet best bookmaker and the German government reached an additional rescue loan agreement of 1.2 billion euros。Contained 1.500 million euro bond,Can be converted into company equity held by the government in the future。

These funds will help TUI better cope with the winter business decline and the impact on future 188bet best bookmaker,Bringing substantial help。

Of course,Business recovery is the key to self-rescue。As above,China’s outbound travel demand is partially internalized into domestic travel、Possibility of early resumption of inbound 188bet best bookmaker,All for TUI’s existing products and services、Provide a place for passenger flow,According to the possibility of market recovery,And market potential value,TUI needs to consider seizing the opportunity,Hainan is one of the most preferred areas。

However,Will this "abacus" go as expected,It also depends on when TUI officially launches its Asia-Pacific headquarters in 188bet best bookmaker in the next few months,Look at the aftereffects。


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