Report China Travel Market Report 2022-2026

China Travel Market Report 2022-2026

Published:
August 2023
Research Type:
Report
Figures:
27
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail
Regions:
Asia Pacific
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Summary

China’s tourism market has suffered greatly over the past three years, almost entirely due to COVID-19 and the nation’s strict lockdown policies. While travel economies worldwide were rebuilding in 2022, China remained closed due to the government’s COVID-Zero initiative. However, with a widespread re-opening beginning in January 2023, the future looks promising, and 2023 and onward are projected to feature robust growth. While travel gross bookings are not anticipated to surpass 2019 totals until 2024, recovery and rebuilding are underway, thanks to nimble suppliers and intermediaries, and consumers’ passion for both domestic and international travel.

Part of the Asia Pacific Travel Market Report 2022-2026 series, Phocuswright’s China Travel Market Report 2022-2026 provides a comprehensive view of the China travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.

With the single purchase of the Asia Pacific Travel Market Report 2022-2026 series, the following reports (available now or publishing soon) are automatically included at no additional cost:

Analysts
Gary Bowerman
Gary Bowerman