As China dismissed more travel limitations after it improved its COVID-19 comeback, its reviving outbound and inbound travel is introducing novel stimulus into the worldwide tourism market.
With the reinstatement of flights from China this signifies the rebuilding of China market for tourism in Sabah of Borneo in Malaysia, Liew said in a statement on Sunday. This dive group is a testimony of that.
A February 17 Nok Air flight from Zhengzhou in central China’s Henan area to Thailand was full with three tourist groups from China. Seats got booked up in few seconds for the first group trip to New Zealand initiated by …
Chinese tourism industry operators are demonstrating a bullish outlook toward the domestic and inbound and outbound markets since the country revised COVID-19 control policies in January.
The domestic tourism-related revenue is projected to reach 4 trillion yuan (about 583 billion U.S. dollars) this year, up 89 percent from the previous year and about 71 percent of 2019’s figure.
In late January, the tourism ministry announced that starting on Monday travel agencies could resume organizing group tours to 20 countries and regions, including Thailand, Indonesia, Cambodia and Switzerland.
As one of the world’s largest outbound tourism markets before the COVID-19 pandemic, China resumed outbound group tours on Monday, signifying huge potential growth in neighboring countries’ tourism revenue, including that of the Philippines.
Still, stronger Chinese demand could improve the island country’s pricing power in tourism, which could lift nominal GDP and export earnings, partially easing external liquidity strains.
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