Nanjing Road, the main shopping district of Shanghai. Photo: iStock

During the three-day Mid-Autumn Festival, China received 97.9 million domestic tourists and realized 43.5 billion yuan (US$6.34 billion) in travel income, Economic Information Daily reported.

According to data provided by Ctrip, a leading online travel service provider, the number of hotel bookings increased by 300% from a year earlier as most tourists chose to do a short regional trip. High-speed railway has also become the preferred way to travel.

The top ten cities in terms of hotel reservations are: Beijing, Shanghai, Hangzhou, Xiamen, Nanjing, Xi’an, Chengdu, Guangzhou, Suzhou, and Chongqing. Among them, the order volume of Nanjing hotels has soared by more than 450% from a year earlier.

According to Liang Jianzhang, co-founder and chairman of Ctrip, in the long run, high-speed rail tour will account for one-fifth of the domestic tourism sector and drive 1 to 2 trillion yuan into the tourism economy.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

One reply on “Autumn fest sees China net US$6.34 bn in tourism income”

Comments are closed.