Current:Home > MyChina public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery -Nova Finance Academy
China public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery
View
Date:2025-04-15 16:54:58
Tokyo — Something unimaginable just one year ago is happening in China. With coronavirus lockdowns and travel restrictions behind them, hundreds of millions of Chinese are flocking to tourist attractions around the country.
Centered around the May Day public holiday on the first of the month, China's spring break lasts five days, starting on April 29. The China Tourism Academy predicted that more than 240 million passenger trips would be made during the five-day period this year, beating even pre-pandemic figures.
- COVID surge casts shadow over China's Lunar New Year travel rush
On the first day, travel surged 151.8% compared to the same day last year, with tickets to popular sites including the Badaling section of the Great Wall, near the Chinese capital, and Shanghai Disney all sold out. Both of Beijing's airports saw record numbers of flyers on Saturday.
Hotspots and resorts that looked like ghost towns only a few months ago have come fully back to life, with some even forced to post online notices warning holidaymakers to look elsewhere as they'd reached capacity.
China's tourism industry has not missed the chance to cash in. Official media reported that a resort town in southwest China was charging rates 16-times higher than its normal fees on April 30 as demand soared. Flights prices are also up an estimated 39% from 2019, before COVID struck and locked the country down.
- China lashes out at WHO, defends its search for COVID origin
It's a much-needed windfall for an increasingly important sector of China's mammoth economy. Three of China's largest airlines collectively lost almost $3 billion during the three years of travel restrictions, according to a Chinese financial news outlet.
The Chinese economy's recovery from COVID has been shaky, so the boost from tourism will be more than welcome both by industry, and government. New data have shown an unexpected decrease in factory activity last month amid weaker global demand for China's exported goods.
But China's ministry of commerce has said major retail and food service companies saw 21% sales growth on the first day of the "golden week" holiday compared to the previous year. Many are thanking a trend of what's been dubbed "revenge spending," as people with repressed retail and travel cravings have tried to catch up since the stringent "Zero-COVID" policy was abandoned last winter.
The Chinese crowds are not flocking to overseas destinations yet, however. Only 10% of Chinese travelers have international trips booked this year, according to new data. While domestic travel has bounced back to pre-COVID levels, the number of international flights departing China is still only about an eighth of the figures from 2019.
The study points to lingering safety concerns among Chinese travelers to explain that lag, rather than cost or availability.
- In:
- Travel
- Coronavirus Disease 2019
- Economy
- COVID-19
- COVID-19 Pandemic
- Disney World
- lockdown
- China
- Beijing
- Airlines
veryGood! (8142)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Microsoft Teams outage blocks access and limits features for some users
- This week on Sunday Morning: Remembering Charles Osgood (January 28)
- Comedian Mark Normand escorted off stage at comedy club, denies prior knowledge of 'surprise'
- Skins Game to make return to Thanksgiving week with a modern look
- In wintry Minnesota, there’s a belief that every snowplow deserves a name
- Kim Kardashian’s Cult Favorite Lip Liners Are Finally Back, Plus Lipstick and Eyeshadows
- Meet Noah Kahan, Grammy best new artist nominee who's 'mean because I grew up in New England'
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- AP Week in Pictures: Global
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Evacuations underway in northeast Illinois after ice jam break on river causes significant flooding
- Radio communication problem preceded NYC subway crash that injured 25, federal report says
- Ex-coal CEO Don Blankenship couldn’t win a Senate seat with the GOP. He’s trying now as a Democrat
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Trump must pay $83.3 million for defaming E. Jean Carroll, jury says
- Shiffrin being checked for left leg injury after crash in Cortina downhill on 2026 Olympics course
- Horoscopes Today, January 26, 2024
Recommendation
B.A. Parker is learning the banjo
Bipartisan Tennessee proposal would ask voters to expand judges’ ability to deny bail
Tesla recalls nearly 200,000 vehicles over faulty backup camera
Shop Lulus' Sale for the Perfect Valentine's Day Outfit & Use Our Exclusive Code
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Adult Film Star Jesse Jane, Who Appeared in Entourage, Dead at 43
Key takeaways from UN court’s ruling on Israel’s war in Gaza
From 'Underdoggs' to 'Mission: Impossible 7,' here are 10 movies you need to stream right now