China travel, tourism ‘unlikely to improve materially’ as coronavirus curbs hit Labour Day holiday
HONG KONG: Travel and tourism spending plunged during China’s Labour Day holiday due to coronavirus lockdowns and restrictions rolled out across the country, with the “situation unlikely to improve materially in May”, analysts said.
Trips taken during the five-day holiday, which ended on Wednesday, fell to 160 million, down by a third compared with the same period last year, according to data from the Ministry of Culture and Tourism.
Tourist…