Chinese went on 726 million domestic person-trips and 7 million outbound trips in the Golden Week holiday of 2018 (1-7 Oct). They altogether spent 650 billion yuan (US$93.65 bn) on traveling. Both the average daily sales of retail, food & beverage, and the domestic person-trips dropped.
Travelers spent less on outbound travels. Only 19% of outbound travelers were younger than 30 years old. 74.35% of outbound travelers from first-tier cities. The international flights dropped by 5% year-on-year.
Chinese outbound tourists went on 71.31 million person-trips in H1 2018, an increase of 15% year-on-year. This figure exceeded 100 million in 2014 for the first time and was estimated to reach 160 million by 2020.
Serbia was increasingly gaining popularity among Chinese in H1 ...
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