Still mentioning "50 check-in points that I must go to in my life"? It's outdated! How to Play Shanghai International Tourism Resort in Current Cultural and Tourism Projects | Industry | Lifetime
How can the cultural and tourism industry, which has rapidly recovered after three years of pandemic, achieve faster and higher quality recovery and rebirth? At the 4th TRUE Cultural and Tourism Productivity Summit held today at Shanghai International Tourism Resort, experts, scholars, and senior practitioners from various fields focused on the theme of "recovery, renewal, and regeneration". They held various forms of industry exchanges around "cultural and tourism investment" in the context of cultural and tourism recovery, such as themed forums, professional institution evaluation and distribution, investment matching meetings, investment and financing docking meetings, cultural and tourism project roadshows, and cross-border integration exhibitions, to share cutting-edge trends in cultural and tourism investment and promote industrial collaborative cooperation.
Major cultural and tourism projects lead the high-quality development of the industry
Since the beginning of the 14th Five Year Plan, various regions have successively released investment lists for major projects. In 2022 alone, there were over 3000 major investments in the cultural and tourism field nationwide, with a total investment amount exceeding 3.8 trillion yuan. From the list of investment projects and investment amounts in various regions in 2022, cultural and tourism projects have become an important tool and carrier for investment, and Shanghai is no exception.
According to the 2022 Shanghai Major Construction Project List released by the Shanghai Development and Reform Commission, Shanghai plans to arrange 173 formal projects, including 6 key cultural and tourism projects, all of which are under construction. Among them, Shanghai LEGO Park is the first international IP parent-child family entertainment theme park resort in the Yangtze River Delta region, with a total investment of 550 million US dollars; French theme park brand Pude Fu is building an immersive cultural and tourism experience project called "City of Light" in Xuhui District. After the project is completed, it is expected to receive more than 1 million visitors annually. At the same time, Shanghai is planning to build a cable car that spans the Huangpu River - the "Heart of the Pujiang River". The cable car will connect the Xuhui Binjiang and Pudong World Expo Cultural Park, adding a dynamic and fashionable new business card to the world reception hall.
In addition, Shanghai has provided financial support to 212 cultural and creative industry projects under construction in the city, with a maximum municipal level funding support amount of 3 million yuan for a single project.
In the "2023 TOP10 Yangtze River Delta Investment Value Tourism Destinations" list released at this summit, ten destinations including Shanghai International Tourism Resort, Jinshan District in Shanghai, Jiangning District in Nanjing, Tianmu Lake Tourism Resort in Jiangsu, Taicang City in Suzhou, Xiangshan Shipu Fishing Port Ancient City in Ningbo, Keqiao District in Shaoxing, Lishui Guyan Painting Township Tourism Resort in Zhejiang, Jixi County in Xuancheng, and Shitai County in Chizhou, Anhui, were awarded the "2023 TOP10 Yangtze River Delta Investment Value Tourism Destinations".
The era of cultural and tourism real estate sales has come to an end, and operation is king
In the past decade, major cultural and tourism projects in various regions have emerged in the form of "tourism+real estate", and have also made a lot of "fast money". In this regard, Ding Zuyu, chairman of Clary Group, who participated in the summit, believes that this model is no longer applicable, and the successful password of cultural tourism real estate is difficult to copy. All major developers are actively looking for a breakthrough in the new era, and operation has become a crucial link.
Ding Zuyu gave an example that in recent years, Beidaihe Anaya, which has been popular among the "cultural and youth" group, is essentially a tourism and vacation real estate project. But due to its excellent operation, this project has attracted a group of art enthusiasts from the ages of 20 to 60, becoming a hub for "northern art youth". When the surrounding houses can only be sold for about 8000 yuan per square meter, the Anaya property project can be sold for about 30000 yuan per square meter. The reason is that this project not only has important cultural functional spaces such as the Lonely Library, Art Center, Dune Art Museum, Anaya Theater Community, but also has sufficient content operation. "A few days ago, I looked at their drama festival list and found that the 10 day schedule was packed with programs, covering four major sections: drama art, life art, cross-border art, and public art. The content was very rich!"
In the popular cultural and tourism project of Datang Night City in Xi'an, there are over 20 free performance projects on a short two kilometer pedestrian street to attract tourists. 80% of the tourists walking on this street are dressed in Hanfu, which not only makes people wearing suits look a bit unconventional here, but also supports more than 500 main Hanfu rental and makeup shops on the pedestrian street, with thousands of employees in these shops. Ding Zuyu said that this pedestrian street can attract over 100000 passengers on an ordinary workday night, and its content operation is indispensable. He believes that in the future, the concept of "50 check-in points that must be visited in a lifetime" will gradually be phased out, and more traffic and consumption will be attracted by high-quality, benchmark cultural and tourism projects.
At this summit, experts, scholars, and industry leaders such as Feng Xuegang, a professor at the School of Business Administration of East China Normal University and director of the Yangtze River Delta Tourism Development Research Center, Li Xuemin, a member of the Rural Research Institute of the National Public Culture Development Center of the Ministry of Culture and Tourism and former director of the Dongcheng District Bureau of Culture and Tourism in Beijing, Chen Xiaoyun, Vice President of Pop Mart, and Joseph COURTMANCHE, Chief Production Officer of Pude Fu Asia, also engaged in in-depth discussions and exchanges on the "three new" market opportunities of Z generation cultural and tourism consumption, the realization of contemporary value through reconstruction of traditional cultural IP, and the "great acceleration" under the trend of deep integration of culture, business, and tourism.