Current:Home > ContactChina public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery -Mastery Money Tools
China public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery
View
Date:2025-04-19 03:50:16
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! (39918)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Kevin Costner Says He’s in “Horrible Place” Amid Divorce Hearing With Wife Christine
- Missing South Carolina woman may have met with Gilgo Beach murders suspect, authorities say
- How one man fought a patent war over turmeric
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- NASCAR Darlington playoff race 2023: Start time, TV, streaming, lineup for Southern 500
- Workers are finally seeing real wage gains, but millions still struggle to pay the bills
- Students transform their drab dorm rooms into comfy living spaces
- Intellectuals vs. The Internet
- Shooting in Massachusetts city leaves 1 dead, 6 others injured
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Paris' rental electric scooter ban has taken effect
- New Mexico reports man in Valencia County is first West Nile virus fatality of the year
- They Lived Together? Celebrity Roommate Pairings That’ll Surprise You
- Highlights from Trump’s interview with Time magazine
- Are Target, Costco, Walmart open on Labor Day? Store hours for Home Depot, TJ Maxx, more
- Florida flamingos spotted in unusual places after Idalia: 'Where are (they) going?'
- Ohio police release bodycam footage of fatal shooting of pregnant shoplifting suspect
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Eminem sends Vivek Ramaswamy cease-and-desist letter asking that he stop performing Lose Yourself
F. Murray Abraham: My work is my salvation
Yankees' Jasson Dominguez homers off Astros' Justin Verlander in first career at-bat
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
A Michigan cop pulled over a reckless driver and ended up saving a choking baby
Hartford USL team says league refuses to reschedule game despite COVID-19 outbreak
Bachelor Nation’s Gabby Windey Gets Candid on Sex Life With Girlfriend Robby Hoffman