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China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend
time2022-09-14 view

National tourism revenue for the three-day Mid-Autumn Festival reached 28.68 billion yuan ($4.16 billion) — just 60.6% of the 2019 pre-pandemic levels, the Ministry of Culture and Tourism said late Monday. The figure also marked a 22.8% decline from last year.

 

Tourist trips of 73.4 million were nearly 17% below last year’s figure, and had only recovered to 72.6% of 2019 levels, the ministry said.

 

China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend | Yongxin Supply Chain News

 

The tourism figures dropped more than they did during the last public holiday in early June, pointed out Ting Lu, chief China economist at Nomura.

 

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