2000-2008年中国餐饮旅游行业上市公司投资方向研究报告--Investment Report of China Listed Catering and Tourism Companies, 2000-2008

Abstract
 
Tourism industry as a new growth point of national economy and a mainstay of leisure economy plays a more and more important role in driving national economic growth. With the improvement of people’s living standard and family income, more and more families with over middle-income level take tourism as an indispensable consumption. The higher their income is, the bigger their tourist expenditure will be. China’s tourism industry has always been growing faster than GDP growth, so it is regarded as the green and eternal sunrise industry.

In the next few years, China’s tourism industry will keep growing at a rate of 10.4%. Revenue proportion of China’s tourism industry to GDP will jump to 8% in 2010 from 5.44% in 2002. China will become the world largest tourism destination and the fourth tourist exporter of tourists in 2020, and the number of Chinese touring overseas will hit 100 million by then.

According to the preliminary statistics, China annual additional investment in tourism industry has reached CNY150 billion in recent years with the average annual growth rate of over 20%. Tourism industry has become an investment hotspot attracting various sorts of capital, showing China’s tourism industry is entering a peak period of investment.

This report makes a thorough study on all investment projects financed by 26 listed companies in the catering and tourism industry from 2000 to 2008, and makes a summary of the investment trend of this industry as well as the investment feature and investment trend of the listed companies.

Since 2000, the total investment of the listed companies in the catering and tourism industry has exceeded CNY20 billion. East China is the region that has gained the largest investment, accounting for 22.37% of the total, followed by Northwest, amounting to 21.4%. In terms of the province, Shaanxi province has obtained the biggest investment, followed by Guangdong province. Furthermore, these listed companies have also poured a lot of money into Beijing and Shanghai.

 Investment of China Listed Catering & Tourism Companies (By Sector)2000-2008
 
Source: ResearchInChina

In terms of the investment direction, hotel is the most important investment field, taking up 29.23% of the total investment, followed by real estate development, all-around tourism, catering industry and natural scenery spot sectors, accounting for 19.66%, 14.06%, 8.02% and 7.55% of the total respectively, which basically reflects the investment trend of the listed companies.
This report analyzes all investment projects financed by the 26 listed companies in the catering and tourism industry. OCT Group (000069), for instance, is referred in this report.

 Investment of OTC Group, 2000-2008
 
Source: ResearchInChina

OCT Grou’s Investment Distribution by Sector, 2000-2008
 
Source: ResearchInChina

Investment Features of OCT Group
 Main business: tourism and real estate industry.
 The largest investment of the company covers real estate and all-around tourism sectors, reaching CNY2.73 billion and CNY1.104 billion respectively. In addition, it also invested CNY52.5 million in the natural scenery spot sector.

 Its main investment region is South China, followed by North China and Southwest. The company also has some investment in East China. Regarding investment in the all-around tourism sector, its investment is focused on Happy Valley Engineering Project.

 Relying on tourism industry, its real estate projects are tourism-based assets with strong profitability. Its main investment direction is high-end property. The sales of the projects launched recently are good. Previously, its tourism business was focused on the theme park. The company will increase new hotel projects to extend its tourism industry chain in the future. Furthermore, the company will increase high-end project reserves for its tourism-based real estate sector in the future.

Note: We can update the data in the report to the most recent quarter, when the report is purchased.

Contents 

1. Investment Direction of Catering and Tourism Industry
1.1 Overview of Catering and Tourism Industry
1.2 Investment Features of Catering and Tourism Industry

2. Investment Direction of Listed Catering Companies
2.1 Investment Projects of Xi’an Catering Co., Ltd.
2.1.1 Investment Direction
2.1.2 Investment Features
2.2 Investment Projects of China Quanjude (Group) Co., Ltd.
2.2.1 Investment Direction
2.2.2 Investment Features

3. Investment Direction of Listed Hotel Companies
3.1 Investment Projects of Hainan Dadonghai Tourism Centre (Holdings) Co.
3.1.1 Investment Direction
3.1.2 Investment Features
3.2 Investment Projects of Shenzhen Seg. Dasheng Co., Ltd.
3.2.1 Investment Direction
3.2.2 Investment Features
3.3 Investment Projects of Shenzhen Century Plaza Hotel Co., Ltd.
3.3.1 Investment Direction
3.3.2 Investment Features
3.4 Investment Projects of WHWH Hotels Co., Ltd.
3.4.1 Investment Direction
3.4.2 Investment Features
3.5 Investment Projects of Jinjiang International Hotels Development Co.
3.5.1 Investment Direction
3.5.2 Investment Features
3.6 Investment Projects of Huatian Great Hotel Co., Ltd.
3.6.1 Investment Direction
3.6.2 Investment Features
3.7 Investment Projects of Jinling Hotel Corp.
3.7.1 Investment Direction
3.7.2 Investment Features
3.8 Investment Projects of DongFang Hotel Co., Ltd.
3.8.1 Investment Direction
3.8.2 Investment Features

4. Investment Direction of Listed All-around Tourism Companies
4.1 Investment Projects of HongKong Resource Holding Co., Ltd.
4.1.1 Investment Direction
4.1.2 Investment Features
4.2 Investment Projects of Sante Cableway Corp., Ltd.
4.2.1 Investment Direction
4.2.2 Investment Features
4.3 Investment Projects of Xi’an Tourism Co., Ltd.
4.3.1 Investment Direction
4.3.2 Investment Features
4.4 Investment Projects of Beijing Capital Tourism Co., Ltd.
4.4.1 Investment Direction
4.4.2 Investment Features
4.5 Investment Projects of China CYTS Tours Holding Co., Ltd.
4.5.1 Investment Direction
4.5.2 Investment Features
4.6 Investment Projects of Beijing Capital Tourism Co., Ltd.
4.6.1 Investment Direction
4.6.2 Investment Features
4.7 Investment Projects of China United Travel Co., Ltd.
4.7.1 Investment Direction
4.7.2 Investment Features
4.8 Investment Projects of Tibet Tourist Corp., Ltd.
4.8.1 Investment Direction
4.8.2 Investment Features

5. Investment Direction of Listed Artificial Scenic Spot Companies
5.1 Investment Projects of OCT Group
5.1.1 Investment Direction
5.1.2 Investment Features
5.2 Investment Projects of Kunming Horti-Expo Garden Co., Ltd.
5.2.1 Investment Direction
5.2.2 Investment Features
5.3 Investment Projects of Dalian Shengya Tourism Holding Co., Ltd.
5.3.1 Investment Direction
5.3.2 Investment Features

6. Investment Direction of Listed Natural Scenic Spot Companies
6.1 Investment Projects of Lijiang Tourism Administration
6.1.1 Investment Direction
6.1.2 Investment Features
6.2 Investment Projects of Huangshan Tourism Development Co., Ltd.
6.2.1 Investment Direction
6.2.2 Investment Features
6.3 Investment Projects of Zhang Jia Jie Tourism Development Co., Ltd.
6.3.1 Investment Direction
6.3.2 Investment Features
6.4 Investment Projects of Emei Shan Tourism Co., Ltd.
6.4.1 Investment Direction
6.4.2 Investment Features
6.5 Investment Projects of Guilin Tourism Corporation Limited
6.5.1 Investment Direction
6.5.2 Investment Features

Selected Charts

 Annual Investment of Listed Catering & Tourism Companies, 2000-2008
Investment of Listed Catering & Tourism Companies by Region, 2000-2008
Investment Distribution of Listed Firms in the Industry by Region, 2000-1H2008
Top 10 Regions in Terms of Investment of Listed Companies, 2000-2008
Investment Distribution of Listed Firms in the Industry by Region, 2000-1H2008
Top 10 Companies in Terms of Investment by Investment Purpose, 2000-2008
Top 10 Firms in Terms of Investment Distribution by Purpose, 2000-1H2008
Investment of Listed Firms in the Industry by Segmented Industry, 2000-2008
Investment Distribution of Listed Firms by Segmented Industry, 2000-1H2008
Top 10 Companies in Terms of Investment in the Industry, 2000-1H2008
Investment by Non Fund Raising of Listed Companies, 2006Q1-2008Q2
Investment by Non Fund Raising of Listed Firms (by Region), 2006Q1-2008Q2
Top 5 Regions in Terms of Non Fund Raising Investment, 2006Q1-2008Q2
Top 5 Companies in Terms of Non Fund Raising Investment, 2006Q1-2008Q2
Top 5 Firms in Terms of Non Fund Raising Investment by Segmented Industry, 2006Q1-2008Q2
Annual Investment of Xi’an Catering Co., Ltd., 2000-2008
Xi’an Catering Investment Distribution by Region, 2000-2008
Xi’an Catering Investment Distribution by Investment Purpose, 2000-2008
Xi’an Catering Investment by Main Investment Purpose, 2000-2008
Xi’an Catering Investment Distribution by Segmented Industry, 2000-2008
Xi’an Catering Investment by Main Segmented Industry, 2000-2008
Xi’an Catering Main Investment Projects, 2000-2008
Xi’an Catering Latest Investment Projects, 2000-2008
Xi’an Catering Main M&A Projects, 2000-2008
Annual Investment of China Quanjude (Group) Co., Ltd., 2000-2008
Quanjude Investment Distribution by Region, 2000-2008
Quanjude Investment Distribution by Investment Purpose, 2000-2008
Quanjude Investment by Main Investment Purpose, 2000-2008
Quanjude Investment Distribution by Segmented Industry, 2000-2008
Quanjude Investment by Main Segmented Industry, 2000-2008
Quanjude Main Investment Projects, 2000-2008
Quanjude Latest Investment Projects, 2000-2008
Quanjude Main M&A Projects, 2000-2008
Annual Investment of Hainan Dadonghai Tourism Centre (Holdings) Co.2000-2008
Dadonghai Tourism Investment Distribution by Region, 2000-2008
Dadonghai Tourism Investment Distribution by Investment Purpose, 2000-2008
Dadonghai Tourism Investment by Main Investment Purpose, 2000-2008
Dadonghai Tourism Investment Distribution by Segmented Industry, 2000-2008
Dadonghai Tourism Investment by Main Segmented Industry, 2000-2008
Dadonghai Tourism Main Investment Projects, 2000-2008
Dadonghai Tourism Latest Investment Projects, 2000-2008
Dadonghai Tourism Main M&A Projects, 2000-2008
Annual Investment of Shenzhen Seg.Dasheng Co.,Ltd., 2000-2008
Seg.Dasheng Investment Distribution by Region, 2000-2008
Seg.Dasheng Investment Distribution by Investment Purpose, 2000-2008
Seg.Dasheng Investment by Main Investment Purpose, 2000-2008
Seg.Dasheng Investment Distribution by Segmented Industry, 2000-2008
Seg.Dasheng Investment by Main Segmented Industry, 2000-2008
Seg.Dasheng Main Investment Projects, 2000-2008
Seg.Dasheng Latest Investment Projects, 2000-2008
Seg.Dasheng Main M&A Projects, 2000-2008
Annual Investment of Century Plaza Hotel Shenzhen, 2000-2008
Century Plaza Hotel Investment Distribution by Region, 2000-2008
Century Plaza Hotel Investment Distribution by Investment Purpose, 2000-2008
Century Plaza Hotel Investment by Main Investment Purpose, 2000-2008
Century Plaza Hotel Investment Distribution by Segmented Industry, 2000-2008
Century Plaza Hotel Investment by Main Segmented Industry, 2000-2008
Century Plaza Hotel Main Investment Projects, 2000-2008
Century Plaza Hotel Latest Investment Projects, 2000-2008
Century Plaza Hotel Main M&A Projects, 2000-2008
Annual Investment of WHWH Hotel, 2000-2008
WHWH Hotel Investment Distribution by Region, 2000-2008
WHWH Hotel Investment Distribution by Investment Purpose, 2000-2008
WHWH Hotel Investment by Main Investment Purpose, 2000-2008
WHWH Hotel Investment Distribution by Segmented Industry, 2000-2008
WHWH Hotel Investment by Main Segmented Industry, 2000-2008
WHWH Hotel Main Investment Projects, 2000-2008
WHWH Hotel Latest Investment Projects, 2000-2008
WHWH Hotel Main M&A Projects, 2000-2008
Annual Investment of Jinjiang Hotels, 2000-2008
Jinjiang Hotels Investment Distribution by Region, 2000-2008
Jinjiang Hotels Investment Distribution by Investment Purpose, 2000-2008
Jinjiang Hotels Investment by Main Investment Purpose, 2000-2008
Jinjiang Hotels Investment Distribution by Segmented Industry, 2000-2008
Jinjiang Hotels Investment by Main Segmented Industry, 2000-2008
Jinjiang Hotels Main Investment Projects, 2000-2008
Jinjiang Hotels Latest Investment Projects, 2000-2008
Jinjiang Hotels Main M&A Projects, 2000-2008
Annual Investment of Huatian Hotel, 2000-2008
Huatian Hotel Investment Distribution by Region, 2000-2008
Huatian Hotel Investment Distribution by Investment Purpose, 2000-2008
Huatian Hotel Investment by Main Investment Purpose, 2000-2008
Huatian Hotel Investment Distribution by Segmented Industry, 2000-2008
Huatian Hotel Investment by Main Segmented Industry, 2000-2008
Huatian Hotel Main Investment Projects, 2000-2008
Huatian Hotel Latest Investment Projects, 2000-2008
Huatian Hotel Main M&A Projects, 2000-2008