How to take the tourism trend under the weak cycle of global economy? Expert: There are still development opportunities for urban leisure and vacation.

How to take the tourism trend under the weak cycle of global economy? Expert: There are still development opportunities for urban leisure and vacation.

Every reporter: Shu Dongni Every editor: Liang Xiao

"One or two days’ activities are very suitable for … there are many places to play, and we can still play after the activities …" Outside the venue, the invited owners, travel agencies, event undertakers, etc. wondered whether the resort covering an area of 110,000 square meters matched their own needs, and being close to the urban area was an important plus.

On October 18th, the Mediterranean Day Ark Nanjing Xianlin Resort officially opened. As the world’s first city resort of Fosun Travel Club Med, "30 minutes’ drive from downtown, accessible by subway" is its main label. Xu Xiaoliang, chairman of Fosun Travel, said: "The opening of Nanjing Xianlin Resort is a brand-new milestone in the localization development of Club Med in China and a new beginning for the development of urban holiday industry."

At Fosun International’s 2023 interim results briefing in September this year, Xu Xiaoliang highlighted two businesses that Fosun Travel is doing, and the city resort hotel "White Ark" is one of them.

On October 18th, Dai Bin, Dean of china tourism academy and Director of the Data Center of the Ministry of Culture and Tourism, mentioned in his opening speech that the current tourism economy is moving from recovery to a new stage of prosperity. Dai Bin believes that at present, "it is not that there is no ability to travel, nor is there no need to travel", but there is still a lack of suitable products in the tourism market, and there is an imbalance between supply and demand of products and projects.

In 2019, China’s per capita GDP exceeded US$ 10,000, and the domestic tourism industry has reached a consensus that leisure and vacation will usher in development opportunities. In recent two years, urban vacation, urban micro-vacation, Citywalk and other tourism modes have become popular, but will the weak cycle of the global economy affect this trend?

On October 19th, Professor He Jianmin, a doctoral supervisor of tourism management in the Business School of Shanghai University of Finance and Economics, accepted a written interview with national business daily. He said that although the global economy is in a weak cycle, China’s economy still maintains a high growth rate, and China’s economic development level is above the average level in the world, which means that tourism will continue to grow. At the same time, under the economic transformation, industrial structure and national income structure are adjusted, consumer demand is stratified, lifestyle and tourism mode are changing, and urban leisure and holiday tourism will also usher in rapid development.

"There are always some groups with high incomes. Where do they go to play? Affected by geopolitics, a large part of outbound travel is transferred to China. Where is the money spent? Therefore, at the current stage, many lifestyles and tourism methods of the people are facing changes and adjustments, and there are great opportunities for urban vacations. " He Jianmin explained.

It is understood that at the end of October, the Mediterranean Day Ark Taicang Resort will also open. Fosun Travel mentioned in the semi-annual report of 2023 that from the beginning of 2023 to the end of 2025, it is planned to open 17 new resorts or spaces.

Fosun Travel’s semi-annual report in 2023 shows that the turnover of tourism operations in the first half of the year was 9.49 billion yuan, an increase of 29% over the same period in 2022; Group revenue increased by 38.7% year-on-year to 8.9 billion yuan; The net profit attributable to shareholders was 470 million yuan, turning losses into profits compared with the same period in 2022.

national business daily

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