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[Reward]Share One SGX Stock that could Benefit from China's Outbound Tourism
@Tiger_SG: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. ⏰Activity Duration 22 February 2023-1 March 2023 (24 pm)
[Reward]Share One SGX Stock that could Benefit from China's Outbound TourismDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.