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Surge in trips expected for Chinese holiday, but travellers keep budgets tight

The article from Yahoo News discusses the expected surge in travel during China's upcoming Labor Day holiday, which spans from May 1st to May 5th. This year's holiday is anticipated to see a significant increase in domestic travel, with an estimated 240 million trips, marking a 150% rise from the previous year. The increase is attributed to the relaxation of China's stringent COVID-19 restrictions, allowing more freedom of movement. Popular destinations include Beijing, Shanghai, and Sanya, with a notable trend towards outdoor and nature-based activities. The surge in travel is also expected to boost the tourism and hospitality sectors, which have been severely impacted by the prolonged restrictions.

Read the Full Reuters Article at:
[ https://www.yahoo.com/news/surge-trips-expected-chinese-holiday-051959004.html ]