Current:Home > reviewsChina public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery -Momentum Wealth Path
China public holidays bring a post-COVID travel boom, and a boost for its shaky economic recovery
View
Date:2025-04-18 01:28:10
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! (4)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- What's next for the abortion pill mifepristone?
- ‘A Death Spiral for Research’: Arctic Scientists Worried as Alaska Universities Face 40% Funding Cut
- Arctic National Wildlife Refuge Faces New Drilling Risk from Congress
- The Best Stocking Stuffers Under $25
- 1 dead, at least 22 wounded in mass shooting at Juneteenth celebration in Illinois
- What's the origin of the long-ago Swahili civilization? Genes offer a revealing answer
- FDA pulls the only approved drug for preventing premature birth off the market
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Flash Deal: Save 69% On the Total Gym All-in-One Fitness System
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Ticks! Ick! The latest science on the red meat allergy caused by some tick bites
- Building a better brain through music, dance and poetry
- Keystone XL: Low Oil Prices, Tar Sands Pullout Could Kill Pipeline Plan
- What do we know about the mysterious drones reported flying over New Jersey?
- This Week in Clean Economy: NJ Governor Seeks to Divert $210M from Clean Energy Fund
- Ticks! Ick! The latest science on the red meat allergy caused by some tick bites
- This doctor fought Ebola in the trenches. Now he's got a better way to stop diseases
Recommendation
Tom Holland's New Venture Revealed
What we know about the Indiana industrial fire that's forced residents to evacuate
24-Hour Flash Deal: Save $225 on the Dyson Ball Animal 3 Extra Upright Vacuum
West Virginia's COVID vaccine lottery under scrutiny over cost of prizes, tax issues
Woman dies after Singapore family of 3 gets into accident in Taiwan
24-Hour Flash Deal: Save $225 on the Dyson Ball Animal 3 Extra Upright Vacuum
When homelessness and mental illness overlap, is forced treatment compassionate?
This Week in Clean Economy: China Is Leading the Race for Clean Energy Jobs