Covid

China’s Covid Surge Hits Tourism, Leisure Over Key Holiday

 

Covid-19 lockdowns tarnished the lustre of China’s May Golden Week as travellers spent 43% less over the five-day Labour Day holiday that ended on Wednesday than a year earlier, government data showed.

Tightening prevention measures across the country hit consumption, with the Ministry of Culture and Tourism saying on Wednesday that Chinese domestic travel revenue tumbled to 64.7 billion yuan ($9.78 billion).

The 160 million trips made over the holiday marked a 30% year-on-year decrease.

The Labour Day holiday is traditionally one of China’s busiest tourist seasons as spring moves into summer but it was disrupted this year by efforts to fight the largest coronavirus outbreak since the virus emerged in Wuhan in 2019.

 

 

ALSO SEE: European Firms Warn of China Exodus if Lockdowns Drag On

 

Hotels Slash Prices

Last week hotels across the country slashed prices by up to 50%, with room rates in many Chinese cities hitting a five-year low for the holiday period as hotels braced for a fall in travellers.

The ministry said that tourist traffic was weak across popular domestic destinations, including tropical Hainan Island, Jiuzhaigou National Park and West Lake in the city of Hangzhou, which all reported large falls in visitor numbers.

The hotel occupancy rate in Sanya, a Hainan destination popular for its duty-free shopping, was just 20.6% during the holiday, ministry data showed.

Meanwhile, five-day box office takings of 297 million yuan during the holiday were the lowest of recent years, and down sharply from 1.67 billion yuan last year, the online ticket platform Dengta showed.

Dozens of cities across China have imposed full or partial lockdowns to combat the spread of Covid-19, including Shanghai, the country’s biggest city.

Beijing, the capital, has also imposed movement curbs and shut many leisure and tourist venues, including the city’s Universal Studios resort.

 

  • Reuters, with additional editing by George Russell

 

 

READ MORE:

Investors Bearish on China as Lockdowns Dent Confidence

China’s Lockdowns Worsen Logistics Woes for US Firms – WSJ

China’s Covid-Hit Services Sector Posts Steep Drop in Activity

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

Recent Posts

Huawei Revs Up Intelligent Driving Push With Software Launch

The Chinese tech firm has also launched seven EV models in partnership with domestic automakers…

16 hours ago

Country Garden Wins Onshore Bonds Payments Delay Approval

China’s largest private developer has already defaulted on $11 billion of offshore bonds amid a…

17 hours ago

TikTok Plans Legal Battle as US Senate Passes Divest-or-Ban Bill

Experts say that if a sale of TikTok does go through, it would be one…

19 hours ago

Tesla Profit Plunges, But Stock Jumps on Vow of ‘Affordable’ Cars

Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines,…

20 hours ago

ByteDance, TikTok’s $7m Lobbying Bid to Derail US Ban – CNBC

The popular video-sharing app’s owner will be told to sell its stake in nine months…

21 hours ago

Nikkei, Hang Seng, China Stocks Rally on Tech Earnings Boost

Investors were in optimistic mood on Wednesday as technology shares led the charge amid easing…

22 hours ago