The new visas, good for up to 270 days, require 14 days’ isolation at a hotel, as well as hefty health insurance purchases and minimum bank deposits.
The eight-day Golden Week holiday, closely watched as a barometer of the country's economic health, saw sizable domestic tourist visits as well as booming tourism revenue.
Dufry’s existing Chinese travel retail business will form part of the joint venture company, alongside Alibaba’s digital capabilities and Chinese network.
Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
As the industry rekindles, the travel will be the kind that naturally goes hand in hand with sustainability.
The new funding will be used to continue to expand in Asia and globally and to build out a new solution for travel operators and activity providers, Rezio.
During the festival, from Sept 12 to 27, Shanghai's tourist attractions registered 3.5 million visits, an increase of 28% month on month.
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