Wedbush：全球旅游复苏渐显但分布不均，住宿板块存薄弱环节

智通财经08-27

智通财经APP获悉，Wedbush整理的数据显示，尽管当前旅游数据仍低于2024年水平，但旅游趋势正逐步改善，意味着今年行业整体表现有望好于初始预期。不过，Wedbush分析师斯科特·德维特发现，行业内复苏进度并不均衡：国际旅游需求保持稳健，但7月酒店预订(含替代住宿)趋势出现放缓。以爱彼迎(ABNB.US)为例，本月，爱彼迎发布优于预期的第三季度业绩展望，夏季旅游需求表现强劲，但警告称由于...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2562798939?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-08-27 10:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2562798939","market":"hk","top_or_hot":-1,"title":"Wedbush：全球旅游复苏渐显但分布不均，住宿板块存薄弱环节","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，Wedbush整理的数据显示，尽管当前旅游数据仍低于2024年水平，但旅游趋势正逐步改善，意味着今年行业整体表现有望好于初始预期。不过，Wedbush分析师斯科特·德维特发现，行业内复苏进度并不均衡：国际旅游需求保持稳健，但7月酒店预订(含替代住宿)趋势出现放缓。以爱彼迎(ABNB.US)为例，本月，爱彼迎发布优于预期的第三季度业绩展望，夏季旅游需求表现强劲，但警告称由于...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1336000.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wedbush：全球旅游复苏渐显但分布不均，住宿板块存薄弱环节</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWedbush：全球旅游复苏渐显但分布不均，住宿板块存薄弱环节\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-08-27 10:39 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1336000.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，Wedbush整理的数据显示，尽管当前旅游数据仍低于2024年水平，但旅游趋势正逐步改善，意味着今年行业整体表现有望好于初始预期。不过，Wedbush分析师斯科特·德维特发现，行业内复苏进度并不均衡：国际旅游需求保持稳健，但7月酒店预订(含替代住宿)趋势出现放缓。以爱彼迎(ABNB.US)为例，本月，爱彼迎发布优于预期的第三季度业绩展望，夏季旅游需求表现强劲，但警告称由于...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1336000.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ABNB","symbol_name":"爱彼迎","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1336000.html","article_id":"2562798939","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562798939","pubTimestamp":1756262358,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，Wedbush整理的数据显示，尽管当前旅游数据仍低于2024年水平，但旅游趋势正逐步改善，意味着今年行业整体表现有望好于初始预期。Wedbush预计，该公司第三季度预订夜数同比增长7.1%，低于第二季度的7.4%。Wedbush数据显示，7月欧洲至美国的入境航空旅行同比下降3%，而美国至欧洲的出境航空旅行同比增速从第二季度的4%提升至6%。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"ABNB":"爱彼迎","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4566":"资本集团","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","BK4561":"索罗斯持仓","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BKNG":"Booking Holdings","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","BK4505":"高瓴资本持仓","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC"},"translate_title":"Wedbush: Global tourism recovery is gradually showing but unevenly distributed, and there are weak links in the accommodation sector","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABNB":0.68,"BKNG":0.82},"content_text":"智通财经APP获悉，Wedbush整理的数据显示，尽管当前旅游数据仍低于2024年水平，但旅游趋势正逐步改善，意味着今年行业整体表现有望好于初始预期。不过，Wedbush分析师斯科特·德维特发现，行业内复苏进度并不均衡：国际旅游需求保持稳健，但7月酒店预订(含替代住宿)趋势出现放缓。以爱彼迎(ABNB.US)为例，本月，爱彼迎发布优于预期的第三季度业绩展望，夏季旅游需求表现强劲，但警告称由于去年同期基数较高，今年晚些时候增速可能难以维持。其数据显示其隐含业绩走势低于管理层指引及市场共识预期(共识预期为预订夜数稳定增长)。Wedbush预计，该公司第三季度预订夜数同比增长7.1%，低于第二季度的7.4%。Booking Holdings(BKNG.US)在欧洲市场的需求增长虽仍健康，但增速持续放缓：7月预订夜数同比增长5%，较第二季度10%的同比增速下降500个基点。美国以外地区的旅游趋势较第二季度有所走弱，整体表现基本符合预期。这意味着Booking第三季度预订夜数同比增速将从第二季度的7.7%降至5.5%。最后，相对于初始预期，Expedia(EXPE.US)的旅游趋势较为乐观。7月，其替代住宿(主要是Vrbo业务)预订夜数同比增速较第二季度下降约300个基点，至1%;而美国酒店数据与前几个月持平，表明7月每间可供出租客房收入(RevPAR)仅小幅负增长。第三季度初航空旅行略有改善，平均同比增长约1%，而第二季度增速近乎持平。Wedbush数据显示，7月欧洲至美国的入境航空旅行同比下降3%，而美国至欧洲的出境航空旅行同比增速从第二季度的4%提升至6%。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2562798939","isCrawlerRequest":true}