China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak

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China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak
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During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry of Culture and Tourism.

During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded 115 million tourist trips domestically, bringing in tourism revenue of 47.56 billion yuan , according to the Ministry of Culture and Tourism.

That's a 59.58% drop from the 117.67 billion yuan recorded for last year's Labor Day holiday, which was one day shorter, running from May 1 to May 4, according to figures disclosed by the ministry. Shanghai, Sichuan province's capital Chengdu and Sanya city on Hainan Island were among the three most popular destinations, according to online travel booking site Ctrip.

Chinese authorities lifted a more than two-month ban on outbound travel from the city where the global pandemic first emerged.Millions of Chinese people kept their spending down during the first major holiday inDuring the Labor Day holiday that ran from May 1 to May 5 this year, China recorded 115 million tourist trips domestically, raking in tourism revenue of 47.

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