TRIP.COM-S (09961.HK): Searches Related to Getaways From Heat in CN Grow 55% MoM Since Jul

AASTOCKS

2024-07-18 11:36

Data from TRIP.COM-S (09961.HK) showed that searches related to summer holidays in China have increased by 55% MoM since July. The popularity of summe...

　　Data from TRIP.COM-S (09961.HK) -8.200 (-2.211%) Short selling $107.96M; Ratio 17.288% showed that searches related to summer holidays in China have increased by 55% MoM since July. The popularity of summer holidays such as ocean parks, night tours, islands and water sports within China has been rising simultaneously, with the number of orders for ocean parks in the Mainland surging 95% MoM.

　　Family trip users accounted for about 48% of the total number of domestic tour users this summer, and themes such as night tours and getaways from heat have become increasingly popular among tourists. As of 16 July, family trip tours and hotel bookings hiked 45% and 25% MoM respectively, with spending levels exceeding those in the same period last year. Major scenic spots have also launched service upgrades and free tickets to compete for summer family trip customers.

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　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-17 16:25.)

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