Chinese Domestic Travel Surges for Golden Week Despite Economic Struggles

Record domestic travel in China for Golden Week holiday despite economic struggles like slow growth and high youth unemployment.
Over 21 million people flying and 12,000 trains daily to meet demand. Young Chinese exploring closer to home on a budget.
Average spend per traveler may be lower than previous holidays. Consumers willing to splurge on one-time expenses like travel.
First long holiday since China lifted ban on group tours abroad, though outbound travel still down 40% from pre-pandemic levels.
Travel momentum picking up to nearby countries like Malaysia, Thailand and South Korea compared to 2019.

bbc.com

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Posted 10/2/2023, 4:04:52 AM