Growth growth has been slower in 2024, and the Consumer Confidence has been affected so that average spending per trip has been decreased compared to 2023. So we are also seeing a lot of bookings for high speed trains, so so many travellers opt for cheaper Regional Travel rather than flying. But actually we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high End Premium Travel inside and outside of china, a big rise in nature and coated travel, such as sichuan, hunan, tibet and the maldives, so more people are wanting to connect with nature and explore culture. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people who are willing to spend more . The Stimulus Measures may help in the short term, but actually we are seeing long Term Recovery for the Tourism Sector will depend on the broader economic factors. Especially the recovery of Co
The labour is asking for a Wage Increase of about 36 , the management has offered amount 20 , so theres still a big gap between the two sides. The Labour Unions there have also thrown out some almost fantastical once in terms of a return to a normal pension system, and even a four day workweek. So these are kind of real outliers here in the Global Industry and would take the unionis . American workers into uncharted territories. find into uncharted territories. And if ou into uncharted territories. And if you bring into uncharted territories. And if you bring in into uncharted territories. And if you bring in the into uncharted territories. And if you bring in the asian perspective, what are things that have been done differently here, how would we draw those comparisons for the strike to be resolved . For background, what ou be resolved . For background, what you are be resolved . For background, what you are seeing be resolved . For background, what you are seeing in be resolved . F