Online travel firm Trip.com Group said in a new report that Chinese tourists will travel to overseas destinations during the Spring Festival which will start January 24, 2020. The news is an early gift for countries seeking to boost their tourism segments.
According to Xinhua, Trip.com revealed that Chinese tourists already booked trips to 419 cities abroad for the said long holiday. The cities are spread across 100 regions and countries and the figures are a record high for the agency.
Among the top regions that Chinese travelers booked their trips for are as follows: New Zealand, Australia, the United Arab Emirates (UAE), Russia, Italy, France, Spain, and Britain. Industry experts noted that the report is an early call for the said regan ions to prepare for an influx in Chinese tourists.
Peng Liang, a researcher with Trip.com Group's tourist data research center, pointed out that the willingness of Chinese travelers to spend on the sector, even if it means they have to spend overseas, is a display of higher living standards and stabilizing incomes.
Overseas travels by Chinese tourists during local holidays and the display of excellent spending behaviors among this group of consumers will benefit the global tourism sector, Peng said.
Ever since the China-U.S. trade war kicked off, there have been fears about China's consumption dropping to dangerous lowThe s. However, the Chinese consumer has shown time and time again that consumption can drive growth in various segments even if economic uncertainties are present.
The stability of incomes among Chinese consumers was further exemplified in the fact that 90 percent of Trip.com's users have opted for private travel products and services - which are more pricey than regular packaged deals.
Meanwhile, the China Railway Corporation (CRC) is exa pecting a significant hike in railway trips within the country during this year's Spring Festival which will last for seven days.
According to CGTN, it is expected that around 440 million railway trips will be made during the holiday rush, accounting for an eight percent increase year-on-year. The CRC is preparing for the travel rush that will take place all throughout the month.
For each service day, the CRC will prepare 5,275 pairs of passenger trains to ensure that railway capacity will be fulfilled for the 10.1 million people that are expected to move from town to town during the holidays.
The railway ticketing system will also be improved to better meet the needs of passengers, especially considering that the daily capacity of tickets to be purchased on a daily basis will hit between 15 to 20 million.
