[Reward]Share One SGX Stock that could Benefit from China's Outbound Tourism

Tiger_SG
2023-02-22

Previously, the Singapore Tourism Board stated that with the increase in the number of flights and China's resumption of outbound tourism, the recovery of Singapore's tourism industry will accelerate.

"It is expected that the number of international tourists visiting Singapore will reach 12 million to 14 million in 2023, returning to 75% before the epidemic In 2019, the number of inbound tourists from Singapore totaled 19.12 million.”

According to recent data provided by China Aviation Travel, since the restart of the outbound and group tour pilot program on February 6, 2022, the number of inbound and outbound civil aviation passengers of China’s domestic airlines has exceeded 276,000, an increase of nearly 4.4 times compared with the same period last year. Shanghai, Guangzhou, Beijing, Xiamen, Chengdu is the top 5 cities with the largest number of outbound tourists.

From the perspective of outbound travel routes, Southeast Asian countries led by Thailand, Malaysia, and Singapore are still the most popular overseas destinations for Chinese tourists.

China has long been a major source of tourists for Singapore. In 2019, more than 3.6 million Chinese tourists visited Singapore. With the orderly recovery of China's outbound tourism, Singapore tourism operators said they "see hope".

Local tourism operators in Singapore are constantly updating and improving their products and services to meet the needs of group tours, leisure travel and business travel tourists to Singapore.

For example, Changi Airport Group has continued to improve airport services in the past two years and has cooperated with airline partners to cope with the strong tourism demand after recovery; many Singapore hotels have also launched special services for Chinese tourists.

💡Share Your Insights & Picks

Please leave a message in the comments section of this post.

  • What SGX stock you feel will benefit from tourism development?
  • What travel services would like to recommend to future tourists

    🎁Prizes

    • 🐯All valid comment on the following post will receive 5 Tiger Coins.
    • 🐯10 Tigers will receive 50 coins for the most popular and high-quality comments.

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    ⏰Activity Duration

    • 22 February 2023-1 March 2023 (24 pm)

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    Comments

    • Kaixiang
      2023-02-24
      Kaixiang
      隨着對中國旅遊業的重新樂觀，包括航空、酒店、娛樂和零售業在內的幾個行業將受益。
      $新加坡航空有限公司（C6 L.SI）$作爲全球最佳航空公司，將因放寬旅行限制增加飛往中國的航班頻率而受惠。其創紀錄的營業利潤證明了航空公司是重新開業的最大受益者之一。
      根據新加坡旅遊局對中國遊客的瞭解，主要活動是購物、賭場和觀光。$雲頂新加坡有限公司(G13.SI)$提供一站式綜合度假村，提供賭博（娛樂場）、景點（環球影城、海洋水族館）及各種用餐選擇。
      遊客的復甦使雲頂的利潤在一年前增長了85%，其博彩收入增長了100%以上，非博彩收入幾乎翻了一番。
      酒店也將受益，儘管受益較少。SG中的優秀選擇。例如$雅詩閣信託（HMN.SI）$。
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      • Kaixiang: 
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    • Fenger1188
      2023-02-23
      Fenger1188
      $新加坡航空公司(C6L.SI)$，周三开盘前发布截至去年12月底的第三季业务报告，公司的净利大幅上涨6亿2800万元，前年同期为7100万元。第三季的营运利润（operating profit）也大幅上涨至7亿5500万元，前年同期为7700万元。第三季的每股盈利为10.1分。在疫情期间航空业经历了一段痛苦漫长的时期。现在人们恢复正常生活，新航股票在这一年以来上涨了4.19%。目前股价属于值得买入的价位，投资者可以考虑买入和长期持有这支有价值的优质好股[开心]
    • Tigress02
      2023-02-23
      Tigress02
      The SGX stock that will benefit from tourism would be Singapore Airlines (c6L) and Mandarin Oriental (M04). And travel services to recommend to future tourists would be Festivals and events that celebrate local history, culture, harvest time, foods, music, or celebrities; Built attractions, such as monuments, amusement parks, zoos, or theme parks; and. Local businesses and retail stores where visitors can shop or be pampered. These are what attracts visitors to a town or country.
    • MojoStellar
      2023-02-23
      MojoStellar
      I'm happy to own $Emperador Inc.(EMI.SI)$ since last year when it launched in Singapore. the result is good for Me. in my portfolio, I have ETFs, tech and unique one - liquor. I don't drink but I don't mind owning bottles of wine and $Emperador Inc.(EMI.SI)$ . cheers 🍾🍷🍸🥂
    • RDPD富爸穷爸
      2023-02-23
      RDPD富爸穷爸
      $Mapletree PanAsia Com Tr(N2IU.SI)$ which have presence in HK, SG and other part of Asia stand to benefit. Likewise, $CapitaLandInves(9CI.SI)$ may also benefit since rich chinese tend to prefer owning properties over stocks and will consider SG high end properties as a safe haven to preserve wealth.
    • th0mastan
      2023-03-01
      th0mastan
      My top pick would definitely be $SATS LTD.(S58.SI)$ given their business in capturing the services inbound and outbound tourists. Given its business nature, it requires lowee capex than $Singapore Airlines Ltd.(SINGF)$.


      However, the new management has made some terrible mistake in the latest aquitisition which in my opinion has eroded the years of accumulated wealth of shareholders. Thankfully, I managed to exit before the announcement.


      Given the lukewarm interest, should the financial numbers improves, there might be an uptick in the share prices if investors are drawn into it.
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