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Sep 18Fri
  1. Meadin Research

    Meadin Research: H1 2026 Financial Analysis of 70 Chinese Cultural Tourism Groups

    Meadin Research published an analysis of H1 2026 financial reports from 70 Chinese cultural tourism groups. Domestic trips reached 3.463 billion, up 5.4% year on year, while total spending rose 2.0% to RMB 3.21 trillion, showing strong volume but slower spending growth. Combined revenue of the 70 groups was RMB 180.67 billion, averaging RMB 2.581 billion, with average year-on-year growth of 2.93%. Combined net profit attributable to shareholders was RMB 7.103 billion, averaging RMB 101 million; 52 companies were profitable (about 74%) and 18 posted losses. The five groups with revenue above RMB 10 billion remained Trip.com Group-S, China Duty Free, Yuyuan, Huazhu Group-S and OCT A. The repo…

Sep 17Thu
  1. Pinchain Tourism

    China's Ministry of Culture and Tourism Issues 15th Five-Year Plan for Culture and Tourism

    China's Ministry of Culture and Tourism has issued the 15th Five-Year Plan for Culture and Tourism Development, targeting deeper progress toward a culture and tourism powerhouse by 2030, with domestic trips reaching 8.3 billion, inbound trips 190 million, and average annual public cultural facility visits per resident 3.5. The plan deploys eight key tasks including artistic creation, cultural heritage protection, public services, industry development, market regulation, technology empowerment, exchanges and cooperation, and regional-urban-rural coordination, supported by 54 key projects.

Sep 3Thu