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China Youth Travel Agency

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Contact person: China Youth Travel Agency
Service category: Tourism


CYTS is a witness of the reform and opening up of China's tourism industry. In 1980, with the approval of the Party Central Committee, the Communist Youth League Central Committee established a travel agency enterprise after China's reform and opening up; in 1997, CYTS became an A-share listed company with a complete tourism concept; at the end of 2017, in accordance with the spirit of the central group reform, CYTS from the Communist Youth League The central government transferred to China Everbright Group as a whole, and was included in the first-level direct-owned enterprise sequence of China Everbright Group. It became a tourism listed company with the development background of the central large financial holding group. The actual controller of the company was also changed from the Communist Youth League Central Committee to the State Council.

CYTS is a pioneer in the business model of China's tourism industry. In the 40 years since its establishment, CYTS has organically integrated the state-owned background with the market-oriented mechanism, with innovative development as the fundamental driving force, and continuously promoted the integration and extension of the tourism industry value chain. In scenic area operations, integrated marketing, tourism and vacation, travel management, hotel operations, The field of tourism and passenger transportation has a strong competitive advantage. It owns a series of well-known enterprises and business brands such as CYTS, Wuzhen, Gubei Water Town,, CYBO, Shanshui Fashion Hotel, Yaoyue, CYTS Lianke, CYTS Bohui, etc., in Beijing, Shanghai, Hangzhou, Nanjing , Guangzhou, Chongqing, Tianjin, Shenzhen, Chengdu, Xi'an, Urumqi, Xiamen, Qingdao, Taiyuan, Nanning, Hong Kong, Tokyo, Osaka, Vancouver, Addis Ababa and other core cities at home and abroad have branches. In the capital market, in addition to being listed on the A shares (600138), China Youth Travel Group's holding subsidiaries China Youth League (837784) and Shanshui Hotel (835714) are listed on the New Third Board. At present, CYTS has total assets of more than 16 billion yuan, operating income of more than 14 billion yuan, brand value of more than 24 billion yuan, and annual visitor service of more than 20 million passengers.

CYTS is a brand leader and standard setter in China's tourism industry. As the president unit of the China Travel Agency Association, the first batch of national tourism standardization demonstration units, and the national tourism service quality benchmarking unit, CYTS has successively won the only China Quality Award nomination in China’s travel agency industry, China’s Best Customer Service Award, and China’s Corporate Social Responsibility 500. , China's top ten corporate social responsibility model enterprises, 40 years of reform and opening up, 40 brands and other major honors and awards, is a global partner of the 2019 Beijing World Expo in China.

As a leading enterprise in the industry that coexists with the country's reform and opening up, in accordance with the high-quality development requirements, relying on the China Everbright Group's financial holding platform, China Youth Travel Group takes advantage of the integration of industry and production, and constantly satisfies the people for a better life with high-quality cultural tourism products and services. New needs, to be a system provider of quality life, and strive to become the world's leading integrated tourism service provider.

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