Current:Home > NewsChina public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery -Lighthouse Finance Hub
China public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery
View
Date:2025-04-11 16:41:31
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! (75)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- When is an interview too tough? CBS News grappling with question after Dokoupil interview
- Grazer beats the behemoth that killed her cub to win Alaska’s Fat Bear Contest
- The Daily Money: Retirement stress cuts across generations
- Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
- Where to watch and stream 'It's the Great Pumpkin, Charlie Brown' this spooky season
- Keith Urban Reacts to His and Nicole Kidman’s Daughter Sunday Making Runway Debut at Paris Fashion Week
- NFL power rankings Week 6: Commanders among rising teams led by rookie quarterback
- What to watch: O Jolie night
- Will the polls be right in 2024? What polling on the presidential race can and can’t tell you
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- On a screen near you: Officials are livestreaming the election process for more transparency
- On a screen near you: Officials are livestreaming the election process for more transparency
- Texas now top seed, Notre Dame rejoins College Football Playoff bracket projection
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Election certification is a traditionally routine duty that has become politicized in the Trump era
- Minnesota men convicted of gang charges connected to federal crackdown
- Ryan Seacrest Reveals His Workouts and Diet Changes to Feel 29 Again
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
'Avoid spreading false information,' FEMA warns, says agency is 'prepared to respond'
Milton’s storm surge is a threat that could be devastating far beyond the Tampa Bay region
SEC, Big Ten leaders mulling future of fast-changing college sports
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Philadelphia judge receives unpaid suspension for his political posts on Facebook
Hurry! These October Prime Day 2024 Deals Under $25 on Beauty, Home, Travel, Kids & More Won’t Last Long
Tennis star Frances Tiafoe curses out umpire after Shanghai loss, later apologizes