The light at the end of the COVID-19 tunnel is a Chinese lantern.
Study participants did not seem to prioritize much in choosing overseas countries which are friendly and supportive to China.
With vaccination gradually in place, there is a better chance that quarantine could be shortened or even waived.
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Decline was arrested by last-minute flight bookings and outlook is encouraging.
Holiday closures were the main reason for the slump in manufacturing, while retailing, catering and entertainment remained relatively active.
With the ban on outbound travel still in place, Chinese tourists are staying closer to home, so destinations are now eyeing Indian travelers, who have been flocking to places like Dubai and Maldives.
Traditional operators that rely on offline sales and physical presence are now thinking of moving online, while online travel agencies and holiday-booking platforms are seeking to reduce online ads.
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