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Tourism consumption belongs to

Blog / 11/26/2024

Tourism stocks belong to consumer stocks. In the stock market, the industries of consumer stocks include medicine production and sales, food and beverage manufacturing, clothing industry, tourism industry, automobile industry, department store industry and so on. Consumer stock index refers to the products or services produced and sold by listed companies with stocks that are directly used by market people, rather than products that will be produced by secondary processing. Therefore, tourism stocks are consumer stocks in the market.

Usually, the stocks of the tourism industry in the market are easily affected by the consumption data of the market. If the consumption data of the market continues to rise, it means that household consumption is in a trend of sustained growth. Then, the growth of residents' consumption data may improve the performance of companies in the tourism industry and make tourism stocks partially affected. On the other hand, if the consumption data of the market continues to decline, it means that household consumption is in a downward trend. Then, the decline in household consumption data may reduce the performance of companies in the tourism industry and make tourism stocks suffer some negative effects.

The tertiary industry is the service industry. Belonging to personal consumption, the function of tourism is to appreciate natural beauty and edify human culture. Tourism consumption is a higher level of consumption demand after people's basic living needs are met. It includes the following five aspects: health tourism consumption, basic tourism consumption, cultural tourism consumption, hedonic tourism consumption and commemorative tourism consumption. It is closely related to the income level and structure of tourists, and also closely related to the structure and quality of tourism products.

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