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Report: 88% of China s Luxury Growth Driven By New Consumers

Report: 88% of China s Luxury Growth Driven By New Consumers
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Chinese travel bookings triple during hottest public holiday since the pandemic

Chinese travel bookings triple during ‘hottest’ public holiday since the pandemic Millions of Chinese rushed to travel during the five-day Labor Day holiday, in yet another sign of gradual recovery in domestic consumption. May 1 to 5 marked the “hottest” public holiday for leisure travel since the coronavirus pandemic, Chinese travel booking site Trip.com said in a statement Wednesday translated by CNBC. The reemergence of Covid-19 on the outskirts of Beijing earlier this year prompted local authorities to restrict travel during the Spring Festival in February. Labor Day holiday bookings for hotels, car rentals and other travel more than tripled from the same period a year ago, and rose more than 30% from 2019, Trip.com said, without disclosing dollar amounts. Shanghai Disney Resort was among the top 10 destinations, including for those 21 years old and younger, according to Trip.com.

Zhiwei zhangOliver wymanImke woutersChina ministry of cultureLabor daySpring festivalDisney resortPinpoint assetஆலிவர் வைமன்சீனா அமைச்சகம் ஆஃப் கலாச்சாரம்தொழிலாளர் நாள்வசந்த திருவிழாடிஸ்னி உல்லாசப்போக்கிடம்பின் புள்ளி சொத்து

Chinese Travel Bookings Triple During Hottest Public Holiday Since the Pandemic – NBC 5 Dallas-Fort Worth

Labor Day holiday bookings for hotels, car rentals and other travel more than tripled from the same period a year ago, and rose more than 30% from 2019, Trip.com said, without disclosing dollar amounts. Shanghai Disney Resort was among the top 10 destinations, including for those 21 years old and younger, according to Trip.com. Chinese consumers also spent 1.67 billion yuan ($260 million) at the movies during the holiday, primarily on domestic films, according to ticketing site Maoyan. Overall, a record 230 million trips were taken within the country during that period, an increase of nearly 18% from 2019 levels, according to figures from China s Ministry of Culture and Tourism.

Zhiwei zhangOliver wymanImke woutersChina ministry of cultureShanghai disney resortLabor daySpring festivalDisney resortPinpoint assetஆலிவர் வைமன்சீனா அமைச்சகம் ஆஃப் கலாச்சாரம்ஷாங்காய் டிஸ்னி உல்லாசப்போக்கிடம்தொழிலாளர் நாள்வசந்த திருவிழாடிஸ்னி உல்லாசப்போக்கிடம்பின் புள்ளி சொத்து

Chinese Travel Bookings Triple During Hottest Public Holiday Since the Pandemic – NBC 6 South Florida

Labor Day holiday bookings for hotels, car rentals and other travel more than tripled from the same period a year ago, and rose more than 30% from 2019, Trip.com said, without disclosing dollar amounts. Shanghai Disney Resort was among the top 10 destinations, including for those 21 years old and younger, according to Trip.com. Chinese consumers also spent 1.67 billion yuan ($260 million) at the movies during the holiday, primarily on domestic films, according to ticketing site Maoyan. Overall, a record 230 million trips were taken within the country during that period, an increase of nearly 18% from 2019 levels, according to figures from China s Ministry of Culture and Tourism.

Zhiwei zhangOliver wymanImke woutersChina ministry of cultureShanghai disney resortLabor daySpring festivalDisney resortPinpoint assetஆலிவர் வைமன்சீனா அமைச்சகம் ஆஃப் கலாச்சாரம்ஷாங்காய் டிஸ்னி உல்லாசப்போக்கிடம்தொழிலாளர் நாள்வசந்த திருவிழாடிஸ்னி உல்லாசப்போக்கிடம்பின் புள்ளி சொத்து

Chinese Travel Bookings Triple During Hottest Public Holiday Since the Pandemic – NBC 7 San Diego

Labor Day holiday bookings for hotels, car rentals and other travel more than tripled from the same period a year ago, and rose more than 30% from 2019, Trip.com said, without disclosing dollar amounts. Shanghai Disney Resort was among the top 10 destinations, including for those 21 years old and younger, according to Trip.com. Chinese consumers also spent 1.67 billion yuan ($260 million) at the movies during the holiday, primarily on domestic films, according to ticketing site Maoyan. Overall, a record 230 million trips were taken within the country during that period, an increase of nearly 18% from 2019 levels, according to figures from China s Ministry of Culture and Tourism.

Zhiwei zhangOliver wymanImke woutersChina ministry of cultureShanghai disney resortLabor daySpring festivalDisney resortPinpoint assetஆலிவர் வைமன்சீனா அமைச்சகம் ஆஃப் கலாச்சாரம்ஷாங்காய் டிஸ்னி உல்லாசப்போக்கிடம்தொழிலாளர் நாள்வசந்த திருவிழாடிஸ்னி உல்லாசப்போக்கிடம்பின் புள்ளி சொத்து