China’s tourism forecast issued ...News

Russia Today - Economy
China’s tourism forecast issued
source : Russia Today ( News ) () 87
Domestic travel will recover in the second half of the year, Fitch Ratings says Domestic tourism in China is on track to make a comeback after sinking to an all-time low during strict Covid-related lockdowns, CNBC reported Monday, citing Fitch Ratings data. The analysis showed an increase in holiday bookings since the country’s biggest lockdown in Shanghai ended in late May. Traveler numbers surged by over 62% month-on-month in July. Data from online travel agencies showed bookings surging 112% over July. The increased bookings indicate that tourism spending would be recovering in the second half of the year, acco

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