Big data suggests that 108 million travelers will be traveling on Chinese railway networks this Golden Week holiday, and 15 million passengers via air.
Some intriguing evolutions:
Although the number of air travels have grown from its 2019 level, price per ticket has dropped about 5%, indicating heavy discounting.
Tourists are traveling inland. On Weibo yesterday, it shows real time 5-star hotel rates in Changsha (Hunan province) ranging between $500-600/night.
Any questions and insights for one another, on Chinese consumption, tourism, COVID-19 recovery are all greatly welcome in this weekend thread.
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