China’s deep-pocketed tourists are staying home, for now | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Contradicting concerns that tourist hotspots will be strained once again by Chinese revelers, travel agencies are struggling to persuade people to book trips. | News24_Business

As borders reopen, many Chinese consumers are staying put.China's 1.4 billion residents endured the strictest mobility curbs of the pandemic, largely cut off from the world for 3 yearsDuring last year’s bruising Covid lockdown in Shanghai, Qin Bing dreamed of traveling overseas. As China reopens its border on Sunday after three years of Covid isolation, however, the 36-year-old marketing manager is staying put.

China's 1.4 billion residents endured the strictest mobility curbs of the pandemic, largely cut off from the world for three years as the government pursued a zero tolerance approach. The pent-up demand was expected to unleash a surge of travel and spending after China scrapped its quarantine starting this Sunday.

"Most consumers aren't mentally ready to travel to another country right after recovering from Covid," said Chen Xin, head of China leisure and transport research at UBS."We may need to wait until next year at the earliest to see the outbound travel return to pre-Covid levels."Flights leaving China in the first quarter are at 10.7% of pre-pandemic levels, though they are more than double the anemic rates from a year ago, according to aviation analytics company Cirium.

Hoteliers in Phuket, the southern island famed for its white sand beaches, are anticipating a slow Lunar New Year. Mainland tourists aren't expected to arrive in large numbers, said Suksit Suvunditkul, president of the Thai Hotels Association Southern Chapter and chief executive officer of Deevana Hotels and Resorts.

"Singapore is just not ready to handle the sudden influx," said Stanley Foo, founder and managing partner at Oriental Travel & Tours in Singapore."I'm most worried about the manpower shortages in attractions. We can’t even handle the current number of visitors."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business ChinaPlas 2023 Plastic and Rubber Expo is around the corner without visitors business leaders from around the world that would be worsen in China.

_Business Close the borders to any Chinese national that comes from any country fuk them

_Business We should hope do...!

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PC giant Dell will reportedly stop using Chinese chips as soon as next year | Business InsiderThe move comes as geopolitical relations between Washington and Beijing sour, and as factory operations continue to be hit by China's Covid policies.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

After festive chaos, Chinese retail giant Shein says logistics backlogs in SA are resolved | BusinessChinese fast-fashion retailer Shein says the backlog issues that saw furious customers converge on its South African logistic partner’s premises in the days before Christmas have been resolved with delivery back to normal. | News24_Business _Business I am blown away by their exceptional service particularly over our festive season. 2 Weeks is what it took - unbelievable. Keep up the awesome work SHEIN_Official and Buffalo Logistics. 🙌 _Business Fuck 🇨🇳
Source: News24 - 🏆 4. / 80 Read more »

Pretoria business people fix 500 POTHOLESPretoria businessmen fix 500 potholes on the KwaMhlanga Road.
Source: TheSAnews - 🏆 25. / 59 Read more »

AG flags 'material uncertainty' around Tshwane's ability to continue as going concern | BusinessAn adverse audit opinion expressed by the AG is detailed in a leaked report, of which News24 has obtained a copy, and raises concerns over its future as a going concern. | News24_Business _Business Where is your flagship ‘DA run’ precursor _Business i will always be thankful to God for giving me a reliable source no more lost,. through Brandonkaren11 Bitcoin mining investment platform _Business As long as these problems can come to the fore, be recognised and be fixed. Then, we shall learn from them and move forward. Together.
Source: News24 - 🏆 4. / 80 Read more »

Lack of clarity on costs, refunds stalling end of e-tolls, says OUTA | BusinessA lack of clarity on four issues appears to be stalling the finalisation of the end of e-tolls in Gauteng, says OUTA. | News24_Business _Business Of course.. Just blurt the first thing that comes to your mouth.. No thought given, no idea, no plan.. _Business There is only one issue: ANC incompetence _Business There’s an overall lack of clarity…that’s the ANC for you.
Source: News24 - 🏆 4. / 80 Read more »

New record as 2022 confirmed as UK's hottest year | BusinessThe UK's average temperature exceeded 10 degrees Celsius last year for the first time since records began -- a once-in-500 years event without man-made climate change. | News24_Business _Business ClimateHoax24 must be getting climate $$$ _Business Wouldve been higher if it wasnt for the Meat Eaters helping to regulate the Cows that fart by eating them. You're welcome vegans _Business That means everyone stay home, eat bugs while the 'elite' pedos fly around in private jets tellung us how to behave ....Dr Gates... how is that flight log to Epstein island going?
Source: News24 - 🏆 4. / 80 Read more »