Current:Home > ContactChina public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery -WealthMindset
China public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery
View
Date:2025-04-23 14:04:53
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! (51583)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Inside Clean Energy: Des Moines Just Set a New Bar for City Clean Energy Goals
- Country star Jason Aldean cites dehydration and heat exhaustion after rep says heat stroke cut concert short
- Is price gouging a problem?
- Why members of two of EPA's influential science advisory committees were let go
- Inside Clean Energy: Arizona’s Net-Zero Plan Unites Democrats and Republicans
- Homes evacuated after train derailment north of Philadelphia
- Do work requirements help SNAP people out of government aid?
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Is the Controlled Shrinking of Economies a Better Bet to Slow Climate Change Than Unproven Technologies?
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- The Handmaid’s Tale Star Yvonne Strahovski Is Pregnant, Expecting Baby No. 3 With Husband Tim Lode
- ‘There Are No Winners Here’: Drought in the Klamath Basin Inflames a Decades-Old War Over Water and Fish
- CBOhhhh, that's what they do
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- The NHL and Chemours Are Spreading ‘Dangerous Misinformation’ About Ice-Rink Refrigerants, a New Report Says
- Inside Clean Energy: Clean Energy Wins Big in Covid-19 Legislation
- Dutch Court Gives Shell Nine Years to Cut Its Carbon Emissions by 45 Percent from 2019 Levels
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Arby's+? More restaurants try subscription programs to keep eaters coming back
In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
A Deadly Summer in the Pacific Northwest Augurs More Heat Waves, and More Deaths to Come
Tom Holland's New Venture Revealed
Are you caught in the millennial vs. boomer housing competition? Tell us about it
Many U.K. grocers limit some fruit and veggie sales as extreme weather impacts supply
25,000+ Amazon Shoppers Say This 15-Piece Knife Set Is “The Best”— Save 63% On It Ahead of Prime Day