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China's outbound travel surges ahead of 'Golden Week' holidays - TL;DR CNBC

China's outbound travel surges ahead of 'Golden Week' holidays

Publishing timestamp: 2023-09-25 13:48:12


Summary

Outbound travel from China is surging ahead of the upcoming Golden Week holiday period, with bookings for foreign destinations increasing 20 times compared to last year. Travelers are seeking authentic and off-the-beaten-path experiences, leading to a shift towards high-quality services and less-popular destinations. Domestic travel within China has also recovered, with bookings up four times compared to last year's Golden Week.


Sentiment: POSITIVE

Tickers: 9961-HK,  TCOM, 

Keywords: travel,  breaking news: business,  china,  business news,  retail industry,  asia economy,  trip.com group ltd, 

Source: https://www.cnbc.com/2023/09/25/china-outbound-travel-surges-ahead-of-golden-week-holidays.html


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