China domestic tourists Lunar New Year / Spring Festival holiday spending (CNY) 632.7B, +7.7% v 2019 pcp - Ministry of Culture and Tourism (update)
- 2024 Spring Festival holiday lasted from Feb. 10 to Feb. 17, one day more than the previous years.
- 474M domestic tourism trips were made during the Spring Festival holiday, +34.3% y/y, +19% v 2019 pcp
- Trip.com reported China outbound and inbound tourism orders both exceeded the same period in 2019, particularly inbound tourism, +48% v 2019 pcp
- The National Immigration Administration, reported 13.5M inbound and outbound visits were made during the holiday. Daily average visits was 1.69M, +2.8x y/y