At OCT Group's midyear work conference in July last year
Posted: Mon Feb 17, 2025 9:29 am
Zhang Zhengao emphasized that the focus has become on doing everything possible to speed up the collection of payments and prevent and resolve major risks.
The shadow that real estate has cast on OCT A is still far from gone. Can cultural tourism help OCT break out?
In fact, data shows that OCT’s pure cultural and tourism revenue, which is mainly based on ticket sales, accounts for less than %.
The past model of relying on real estate to "transfuse blood" to cultural lebanon phone number list and tourism projects has come to an end. Cultural and tourism projects that require a lot of upfront investment are becoming more difficult to "generate blood" on their own.
Not only are cultural and tourism projects difficult to exist apart from real estate businesses, OCT’s cultural and tourism projects also face challenges.
At present, OCT's cultural and tourism projects are still mainly traditional theme parks such as Happy Valley and Happy Coast, and the customer audience market is relatively single. Compared with theme parks with strong IPs such as Disney and Universal Studios, the reconsumption rate is low and the appeal to young people is gradually decreasing.
Image source: Tuchong Creative
However, during the National Day in , Happy Valley launched a variety of creative activities which also achieved good results. In the end, the total number of tourists received during the National Day exceeded . million, and the total number of tourists received in October was . million, an increase of % compared with the average monthly number of tourists received from January to September.
The shadow that real estate has cast on OCT A is still far from gone. Can cultural tourism help OCT break out?
In fact, data shows that OCT’s pure cultural and tourism revenue, which is mainly based on ticket sales, accounts for less than %.
The past model of relying on real estate to "transfuse blood" to cultural lebanon phone number list and tourism projects has come to an end. Cultural and tourism projects that require a lot of upfront investment are becoming more difficult to "generate blood" on their own.
Not only are cultural and tourism projects difficult to exist apart from real estate businesses, OCT’s cultural and tourism projects also face challenges.
At present, OCT's cultural and tourism projects are still mainly traditional theme parks such as Happy Valley and Happy Coast, and the customer audience market is relatively single. Compared with theme parks with strong IPs such as Disney and Universal Studios, the reconsumption rate is low and the appeal to young people is gradually decreasing.
Image source: Tuchong Creative
However, during the National Day in , Happy Valley launched a variety of creative activities which also achieved good results. In the end, the total number of tourists received during the National Day exceeded . million, and the total number of tourists received in October was . million, an increase of % compared with the average monthly number of tourists received from January to September.