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Search results for “domestic consumption”
'Compensational travel' stimulates consumption in China
10/09/2021
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12:09:51 PM
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Domestic tourism revenues have reached 389.061 billion yuan ($60.32 billion), which is 59.9 percent of the pre-pandemic level.
China’s first Legoland to open in Sichuan in Oct 2023
10/22/2021
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6:43:52 PM
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The firm intends to compete with Shanghai Disney and the Universal Studios theme park in Beijing.
2021 China National Day holiday travel data: Bookings for short-haul trips increase by 56% year over year
10/11/2021
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2:54:00 PM
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Beijing surpassed Shanghai to be the most popular destination thanks to the attraction of Universal Studios.
OTA posts $100M loss in Q2; HNA CEO detained by police | Weekly Review
09/25/2021
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2:03:46 PM
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US to ease travel restriction for China; Boeing sees Chinese airlines buying 8,700 new aircraft by 2040.
HNA chairman, CEO arrested by police; Alibaba invests in Trip.com- and Meituan-backed firm | Daily Brief
09/24/2021
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10:29:30 PM
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Trip.com reports $100M net loss in Q2, with strong recovery in domestic market; Shanghai to lead China's duty-free economy.
Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021
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10:06:57 AM
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Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
Travel brands look at novel ways to connect with Gen Z in China
08/03/2021
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9:26:34 AM
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Gen Z is playing a vital role in recovery of the travel sector. Companies must continue to respond to the expectations of this cohort as desired.
Hainan pilots 'cruises to nowhere' to restart China’s cruise industry
09/07/2021
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8:30:25 PM
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Hainan, with 64.6 million visitor arrivals and revenues of USD 13.5 billion in 2020, has abundant tourism resources and a large customer baser to support cruises.
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