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Transcripts For BBCNEWS Business Today 20241008

And Consumer Confidence has been affected. So that average spending for a trip is been decreased compared to 2023. We are also seeing a lot of bookings for high speed trains, so many travellers opt for cheaper Regional Travel rather than flying. But 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 and brilliant travel inside and outside of china, a big rise in nature and coated travel, such as session one, debate, and The Mole dies, so more people are wanting to connect with nature and explore culture. Wanting to connect with nature and explore culture. Sichuan and explore culture. Sichuan and the maldives. And explore culture. Sichuan and the maldives. Does and explore culture. Sichuan and the maldives. Does that and the maldives. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people are willing to spend more . ~ ,. ,. , on peop

Transcripts For BBCNEWS Business Today 20241008

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

Transcripts For BBCNEWS Business Today 20241008

Plays. A lIttle bIt of Trance MusIc theyre playIng. The attack of course had the largest number of casualtIes out of a number of massacres, targeted IsraelI cItIzens and vIllages of course adjacent to the jOneses vIllages of course adjacent to ThejOneses Gaza StrIp On October Seven Last year. Many FamIly Members of those are stIll beIng held captIve are gatherIng there In the cIty, In the yougov desert. Yegev desert. InaudIble. InaudIble. Man speaks yIddIsh. We are havIng trouble. People have travelled far and wIde, for many, a symbol of the october seven attacks and the Images of young people. Were also hearIng as well of many of the who were taken hostage at thIs event, bIbIc we subsequently reported On horrIfIc events that took place for them bbc subsequently reported. MutIlatIOn, FamIly Members stIll waItIng to hear If they are goIng to ever see theIr FamIly Members agaIn. As you can see, hundreds of people there. I belIeve I stIll have WIll VernOn wIth me. Can I ask you what else

Transcripts For BBCNEWS Business Today 20241008

By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br

Transcripts For BBCNEWS Business Today 20241008

Attacks by hamas gunmen took place. More than 300 young people attending the festival were killed others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the global impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A big concern is whether any escalation could block the strait of hormuz, a major shipping channel. A third of Oil Tanker Traffic and one fifth of lng frozen gas passes through there. The Oil Markets are already reacting. The price of Brent Crude jumped 5 last thursday after President Biden said the us was

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