Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
The French travel retailer said that all global regions were affected by the coronavirus crisis with the exception of Mainland China which grew 22% on the back of strong domestic traffic.
If the plan is realized, it’s estimated that the travel time between Shenzhen, Guangdong and Shanghai will be shortened by half to merely 2.5 hours.
The online operation could soon climb to roughly 50% of CDFG's business.
Air and bus travel are also down considerably.
China’s share of the global luxury market—the goods typically sold at duty-free—almost doubled last year to 20%.
Trips made in the first three days of the usual travel peak were down nearly 75 percent year on year.
Unlike studio-themed parks in America and Europe which tend to look towards the past, the relative youth of China’s homegrown IP-based LBE industry is all about looking forward.
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