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Topic - Market Report China



Market Report China

Successful May Day Another Sign of China's Hotel Performance Recovery

In 2023, the May Day holiday ran one day longer than usual, with offices closed from 29 April through 3 May, and travelers took full advantage of the long weekend. Mainland China performance peaked on 30 April, with hotels reporting 90.9% occupancy and CNY865 average daily rate (ADR). For reference, occupancy the prior Sunday was 63.7% and ADR CNY503.



Market Report China

Chinese Tourists Are Back Travelling, but What Can We Expect from the Rebound?

When China’s long and lockdown-laden journey away from COVID finally reached its culmination in late 2022, the global travel industry breathed a sigh of relief. The fastest-growing, and one of the top per capita spending markets, was back in play. The expectations are sky high, but will those wishes match reality and will we see a resurgence in Chinese tourists travelling throughout 2023?




Market Report China

China Hotels Benefit from First Restriction-free Lunar New Year in Three Years

During the seven-day holiday period, starting from Lunar New Year’s Eve on 21 January, China’s hotel average daily rate (ADR) surpassed 2019 levels. Occupancy edged closer to the comparable before eventually surpassing it on day seven, which shows that many decided to take extra time to celebrate the holiday this year.



Market Report China

What to Expect from China's Travel Rebound - By Steve Saxon

Back in 2019, mainland China was the world’s largest outbound travel market with over 150 million outbound travelers. Since then, strong COVID-19 safety measures, including quarantine on arrival, have all but eliminated China’s inbound and outbound travel.