Chinese seen staying close to home for first major holiday since coronavirus [Reuters]
Trip.com Group Limited - American Depositary Shares (TCOM)
Company Research
Source: Reuters
Chinese seen staying close to home for first major holiday since coronavirus BEIJING/SHANGHAI (Reuters) - China’s tourists are set to stick close to home and take advantage of discounts as they take time off for the first major holiday since the easing of coronavirus lockdowns, offering a glimpse of what travel may look like after the epidemic. A five-day Labour Day holiday from May 1 is being seen as a test for the tourism industry, one of the sectors hardest hit by the coronavirus, which emerged in central China late last year and triggered shutdowns of up to three months. Travel operator Trip.com estimates about 90 million people will go on holiday for the May Day break, less than half the number who went last year. But hotels and major travel operators said they were optimistic about presale figures, with Marriott International saying many companies were promoting “staycations”. “It’s encouraging to see signs of recovery after a long, cold winter,” said Jolyon Bulley, chief execut
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