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Fosun Tourism (01992.HK): Qian Jiannong resigns as a non-executive director
gelonhui November 7th | fosun tourism (01992.HK) announced that Qian Jiannong recently resigned as a non-executive director due to retirement, effective from November 7, 2024.
Express News | The Legislative Council of the Hong Kong Special Administrative Region has passed a bill to reinstate the 3% hotel room tax.
Fosun Tourism (01992) issued 0.4249 million shares according to the share plan on October 23rd.
Fosun Tourism (01992) announced that the company issued a notice on October 23, 2024 regarding the share plan...
Fosun Tourism Adjusts Property Disposal Agreements
Eternal Travel: Opening at least 5 new branches in the fourth quarter, the tour business has recovered to about 70% of pre-epidemic levels.
Local travel agency Wing On Travel announced that it will open 4 new branches starting from the fourth quarter of this year, located in Tuen Mun, Kwun Tong, Quarry Bay, and Tseung Kwan O. In addition, a new branch will also be opened in the northern New Territories early next year, expected to increase the total number of branches in Hong Kong to 10. Leung Hong Lan, the director and CEO of Wing On Travel, revealed that the company will continue to expand according to market conditions in the future, indicating that the number of new store openings will exceed 5. At the same time, the company is considering doubling the workforce, with a budget for the entire store expansion plan exceeding a "seven-figure" amount. Wing On Travel General Manager Ma Sai Man also pointed out that although most customers currently prefer to order travel products online, they are also paying attention.
During this year's National Day holiday, mainland tourists' total expenditure on trips exceeded 700 billion RMB.
According to the datacenter of the Ministry of Culture and Tourism, during the National Day holiday for a total of seven days (October 1st to 7th), the number of domestic travelers in the mainland reached 0.765 billion person-times, a year-on-year growth of 5.9% based on comparable caliber, an increase of 10.2% compared to the same period in 2019. The total spending of mainland tourists was 700.817 billion yuan, with an annual growth of 6.3% based on comparable caliber, an increase of 7.9% compared to the same period in 2019.
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