188bet Live Casino companies’ performance report cards for the first three quarters are being released，According to Beijing Business Daily reporter statistics，As of November 1st，There are 17 listed scenic spots、Theme park related companies released third quarter report，Many of them have achieved positive net profit growth in the first three quarters，There are still some companies that are still losing money despite their net profits in the first three quarters，But the losses narrowed in the third quarter，Or the number of tourists received、Revenue has recovered significantly。In the opinion of industry insiders，The full restart of inter-provincial 188bet Live Casino in the third quarter has indeed made some scenic spots catch up with the last train of the summer 188bet Live Casino season，Initial signs of U-shaped recovery have begun to appear，The fourth quarter is expected to be affected by the rebound of the 188bet Live Casino market during the "National Day" holiday and the "off-season" in autumn and winter，Net profit “returns to normal” and listed travel companies will further increase。However, some experts also said，The competition in the domestic 188bet Live Casino market is becoming increasingly fierce，In this round of competition for customer sources，If the scenic spot does not take the initiative in the off-season、Actively launch innovative products，It may be difficult to end the continuous losses within the year。

Entering the "blood 188bet Live Casino period"

Early July，Inter-provincial travel has officially resumed，Including vast scenic spots、Theme park included，The domestic 188bet Live Casino industry finally pressed the restart button in the third quarter。That’s why，Can listed 188bet Live Casino companies’ third-quarter reports successfully stop the decline and rebound?，It has become one of the most popular topics in the industry。

Beijing Business Daily reporter statistics found，As of November 1st，There are 17 listed scenic spots in my country、The theme park released its financial report for the third quarter of this year，Among them，Xi’an 188bet Live Casino、Jiuhua 188bet Live Casino、Songcheng Performing Arts、Tianmu Lake、Six companies, OCT A and Lijiang Co., Ltd., achieved positive growth in net profit in the first three quarters，Except OCT A，The net profits of other companies are basically in the tens of millions yuan，Among them, Xi’an 188bet Live Casino and Songcheng Performing Arts respectively reached 8816.50,000 yuan and 1.3.4 billion yuan。

It’s worth noting，Except the above 6 companies，Although other 11 companies showed up with 1.08 million yuan-1.Net profit loss of 2.8 billion yuan，However, the performance of some companies’ main business segments has shown obvious signs of recovery in the third quarter。For example，According to announcement，China Youth Travel Service’s operating income in the first three quarters is 46.4.7 billion yuan、Net profit loss 1.2.8 billion yuan，Respectively decreased by 51 compared with the same period last year.31% and 123.47%，However, the company’s performance decline in the third quarter has shown a narrowing trend，Achieve revenue 20.9.2 billion yuan、Net profit 2900.120,000 yuan，Among them，Wuzhen、The two major scenic spots in Gubei Water Town are gradually recovering。Coincidentally，Although Tibet 188bet Live Casino lost about 1.08 million yuan in the first three quarters，However, revenue in the third quarter has returned to the same period last year，Net profit also increased by more than 70% year-on-year。In addition，Qujiang Cultural 188bet Live Casino’s net profit loss in the first three quarters also increased from 1 in the first half of the year.1.1 billion yuan narrowed to more than 30 million yuan。

"Judging from the current situation，The third quarter is likely to be the best quarter for the 188bet Live Casino market this year。" said Zhou Mingqi, founder of Jingjian Think Tank，As of the end of September，The performance of listed 188bet Live Casino companies has basically returned to about 50% of the level of the same period last year，can be seen，Inter-provincial travel will be fully liberalized at the beginning of the third quarter，And the arrival of the summer tourist season，Durang local scenic spots、The theme park welcomes family time of the year、The most concentrated stage of family travel。But at the same time，We also want to see，Although people have begun to regain confidence in travel during the summer，But overall 188bet Live Casino consumption is still relatively cautious，The psychological impact of the epidemic on travel has not yet been completely eliminated。

The exterior and interior of 188bet Live Casino

It is not difficult to find the “report cards” of travel companies in the first three quarters，The recovery in performance of most scenic spots can actually be traced。“5、Start from June，Domestic 188bet Live Casino has gradually recovered，The maximum number of tourists received in scenic spots is also being gradually increased。Subsequently，The restart of inter-provincial travel has accelerated the recovery of the 188bet Live Casino market。" Wu Liyun, associate professor of the Chinese Culture and 188bet Live Casino Industry Research Institute of Beijing International Studies University, said in an analysis。

“Looking at the overall situation，The performance of listed scenic spots accelerated recovery in the third quarter，First of all, it benefits from the effect of ‘timing’。"Wu Liyun said frankly，The third quarter is the traditional peak tourist season every year。The advantage of climate has combined with the increasing popularity of travel modes such as independent travel with families as the main body，The 188bet Live Casino market has the basis for “recovery”。simultaneously，The resumption of inter-provincial travel has also activated the travel willingness of citizens who have been "staying" at home for a long time，The 188bet Live Casino consumption demand that had been suppressed for two quarters was quickly released。"Experienced the epidemic，Consumers are becoming more willing to travel with fewer tourists、188bet Live Casino in destinations with low population density，Therefore，Some relatively remote scenic spots have experienced rapid growth in passenger flow，Driving the performance of related listed companies to bottom out，For example: Tibet 188bet Live Casino, which has a significant "recovery" trend in the third quarter。"Wu Liyun said。

Meanwhile，To restore performance as soon as possible，Many scenic spots also "worked hard" 188bet Live Casino third quarter，Introduced some special products to attract customers，Many places are also concentrated as local scenic spots、Theme park ticket price reduction。According to incomplete statistics，As of late July，At least 500 scenic spots across the country have decided to implement price concessions such as free tickets or significant price reductions，Some scenic spots have launched various cross-border linkage activities to drive traffic。In addition，Including Shanghai Disney，There are also many domestic scenic spots、Theme parks launched the night economy with high profile 188bet Live Casino third quarter、Music festival and other related theme activities，launched a new round of scenic spot marketing war。

However，Some experts also speak out，It can be seen from the third quarter report，There are still certain differences in the recovery efficiency and progress of various domestic scenic spots。“Some companies that were still in the loss range in the first three quarters have shown a trend of accelerated recovery in the third quarter，But we must also pay attention，Some companies that delivered positive net profit reports in the first three quarters，The main source of contribution to performance is other than main business income，There are also government subsidies or asset sales, etc.。" Zhou Mingqi said，For example，Although Xi’an’s 188bet Live Casino revenue fell by 72% year-on-year in the first three quarters.07%，But the net profit is as high as 8816.50,000 yuan，This is because the income from the sale of hotel assets is not included in revenue。

To this，Proposed by Wu Liyun，The revenue of natural sightseeing spots and their own product types、Marketing and Promotional Efforts、Related to events, promotions and other factors，Even if the two scenic spots are located 188bet Live Casino same tourist source，But due to the popularity of the scenic spot、Differences in product type and attractiveness，The recovery of passenger flow will also be different，Short-term performance "return to positive" is for some companies，Can be sold by selling assets、Achieved through government subsidies and other methods，But I want to continue to form a driving force for performance，It is still necessary to fundamentally transform and challenge the scenic spot business model。

“Warm winter” or off-season?

There are only two months left in 2020，Can the 188bet Live Casino industry achieve a U-shaped recovery within the year，There will be a conclusion soon。

In Zhou Mingqi’s opinion，The fourth quarter is affected by the National Day holiday，Added the impact of autumn and winter 188bet Live Casino marketing in some places，The domestic 188bet Live Casino market is likely to usher in a "warm winter"。“But at the same time, companies must also be aware，Natural scenic spots, especially scenic spots in the north, will be restricted by objective factors such as temperature during autumn and winter operations and cannot operate normally，Even some scenic spots、Hotel starts pre-sale，But this can only form a link in its cash flow，But it cannot be included in the current profit and loss，The effect on boosting the full-year performance may not be obvious。

Wu Liyun further analyzed: “The market rebounded on National Day，It has indeed alleviated some pressure on the performance of listed scenic spots in the fourth quarter and even the whole year。But overall，The market in the fourth quarter is expected to be difficult to reach the popularity of the third quarter。"She also pointed out，For most scenic spots，Affected by climate conditions，All will enter the off-season in the fourth quarter。Although Hainan and other southern cities will see another wave of cold-escape 188bet Live Casino，The ice and snow economy in Northeast and other regions will also stimulate local 188bet Live Casino consumption to a certain extent，But in the big plate of the whole four quarters，The proportion of such special needs is still relatively small。In addition，Some experts also proposed，Even if the ice and snow season is coming，But the “big share” of ice and snow 188bet Live Casino consumption，That is, ski resorts, etc.，Affected by snowmaking conditions and climate factors，The opening time will not be very early，The contribution to the fourth quarter performance will also be relatively limited。

It is worth mentioning，Many experts said，Whether it is the coming "warm winter" or the off-season，188bet Live Casino companies must transform，If you always stay in the past，Not only is it still unable to recover performance in the fourth quarter，It is likely to be eliminated in the next market competition。Zhou Mingqi confessed，At a time when outbound travel has not yet been fully liberalized，People have an iterative and upgrading demand for the supply of domestic 188bet Live Casino products，The huge consumption potential created by the return of outbound 188bet Live Casino，Need matching supply to undertake，And currently，Drastic changes in domestic 188bet Live Casino，High-quality supply may not keep up with the market，And this is also the next stage of domestic scenic spots、Theme Park、Travel agency、Problems that hotels and other related industries must focus on thinking about and solving。

“But，Even in the off-peak tourist season，Enterprises still have room for survival。Market demand will not decrease，As long as there are good products，It is also possible to accelerate the performance recovery。"Wu Liyun said，In the context of the current price reduction of scenic area tickets，The appeal of pure sightseeing 188bet Live Casino has gradually decreased，Scenic spots must achieve "overtaking on corners"，We still need to work hard on “new”，For example: The Forbidden City launched many cultural and creative products and interactive experiential activities during the Spring Festival the year before last，Welcome many tourists in the original off-season。Indoor aspect，Natural scenic spots can be found in cultural and creative products、Planning around the area，Integrating relatively static cultural elements into the interior；And outside，Introducing ice and snow themed activities、Outdoor parent-child interactive products、Adventure activities，Packaging and utilizing hot spring resources etc.，Can form consumption increase in traditional scenic spots。

*Source of 188bet Live Casino article：188bet Live Casino Network，Author: Jiang Mengwei、Yang Hui，Original title: "Initial signs of U-shaped recovery after the resumption of inter-provincial 188bet Live Casino, and the net profits of many listed scenic spots entered positive growth in the first three quarters》.