Despite a Record Travel Boom, China’s Economic Rebound Falls Short

Despite a bustling travel season around China’s Lunar New Year—with a record 9 billion domestic trips expected, 80 million by air—the anticipated economic ... a short-lived cyclical rebound ... Read More

China Expects Increase in New Year Travel Numbers, Despite Economic Doldrums

BEIJING (Reuters) - China ... Year travel rush, with authorities estimating a record 9 billion domestic trips will be made during the 40-day period of festivities, despite the stuttering economy. Read More

Travel Will Inject a Record $11 Trillion Into the Global Economy This Year: Report

The analysts combined data from governments and industry groups with travel forecasts to determine the sector’s future. Travel’s record-setting boom ... China’s unpredictable economy and ... Read More

China’s global travel rebound didn’t happen in 2023. But analysts still predict ‘out of the park’ growth in outbound travel this year

After years of closed borders, those entering China, including ... one segment of the travel economy is still missing: Chinese tourists. The hoped-for rebound failed to materialize, as Chinese ... Read More

Chinese set to spend record US$1 trillion in local travel boom

The boom comes as China doubles down on expanding cultural and tourism events across the country to boost consumption, as it grapples with slowing consumer spending and the impending threat of US ... Read More

China was hoping for a Golden Week consumption boom. It didn’t happen

Citi analysts attributed the weaker-than-expected rebound in travel to the dissipation of “pent-up demand,” weakening spending power amid economic ... record-breaking summer when China’s ... Read More

China expects increase in New Year travel numbers, despite economic doldrums

China expects an increase in the number of people joining the coming Lunar New Year travel rush, with authorities estimating a record 9 billion domestic trips will be made during the 40-day period of ... Read More