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Thailand sees 44.3% jump in spending for inbound Chinese New Year (CNY) bookings

Trip.com Group, a prominent global travel service provider, released data showing that Thailand is projected to experience a 44.3% rise in total spending for inbound bookings during this year’s Chinese New Year (CNY) compared to the CNY period in 2023.

BANGKOK, 8 February 2024 – Data from leading global travel service provider Trip.com Group has revealed that Thailand will see an increase of 44.3% in total trip expenditure for inbound bookings when comparing this year’s Chinese New Year (CNY) festive period with 2023’s CNY period, with expenditure for outbound travellers increasing by 70.8%.

Asian tourists making longer-haul trips

The increase in spending may be attributed to Southeast Asian tourists taking longer trips, traveling beyond Southeast Asia for the 2024 Chinese New Year period. In the previous year, 72% of Chinese New Year travel was within Southeast Asia, but now…

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