Report China Travel Market Report 2021-2025

China Travel Market Report 2021-2025

Published:
July 2022
Research Type:
Report
Figures:
27
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Traditional Agencies & TMCs
Regions:
Asia Pacific
US$795

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Summary

China, the world’s second-largest travel market, has suffered severely since the original outbreak and subsequent waves of COVID-19 infections. After plummeting 33% in 2020, the country’s travel market saw the beginnings of domestic recovery in 2021, with a 66% rebound. Still, China’s stringent Zero COVID policy, regional lockdowns and near-total shutdown of international travel have inhibited a bounce back on par with European and North American counterparts. While many are eager to return to travel, the China market is not anticipated to return to pre-pandemic levels before 2024, with mass digitization efforts driving new sales.

This report provides a comprehensive view of the China travel market, including detailed market sizing and projections through 2025, distribution trends, analysis of major travel segments, key developments and more.

Phocuswright’s China Travel Market Report 2021-2025 is available for purchase as a standalone report for $795. For a more comprehensive regional analysis, this report is also available as part of the Asia Pacific Travel Market Report 2021-2025 series. All of the following are included in the purchase of the series (available now or publishing soon):

Analysts
Gary Bowerman
Gary Bowerman