Industry Update
External Article18 March 2020

Travel Demand Is Rebounding in China as Virus Worry Recedes

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bloomberg.com external

Reservations for domestic flights and hotels in China are recovering from a coronavirus-induced slump as people return to work across the nation, online travel company Tongcheng-Elong Holdings Ltd. said.

Hotel bookings in the week to March 1 surged 40% from the previous week, while peak daily bookings for domestic flights soared 230% from the lowest level recorded in February, the company said in a statement. Bookings for domestic flights in June jumped 250% in the last week of February from the previous week, indicating an improvement in consumer confidence, it said.

Read the full article at Bloomberg

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