Fosun Expects Sustained Chinese Tourism Boom
Skift Take
- Hotels were reported to be full in parts of the Philippines during the Holy Week break.
- The Commerce Federation of Macau Central and Southern District said Macau received over 300,000 visitors during the four-day Easter holiday period.
- Fosun Tourism expects a sustained boom in Chinese tourism in the second and third quarters. Fosun is planning expansions in resort projects in China’s tier I and tier II cities.
Hotels were reported to be full in parts of the Philippines during the Holy Week break. The Tourism Congress of the Philippines said an increase in tourist volume was observed in top destinations such as Boracay, Mactan in Cebu, Siargao, Bohol and Palawan. The Philippine Hotel Owners Association to Bworld that domestic tourism will bounce back strong during the summer months with some member hotels in Metro Manila already returning to pre-pandemic levels in terms of occupancy and average daily revenue. International tourism is likely to return to pre-pandemic levels by this year or early next year. The DOT said Philippines had 2.65 million international visitor arrivals in 2022. This year the DOT is targeting 4.8 million international visitors. They were at 8.26 million in 2019.
The Commerce Federation of Macau Central and Southern District said Macau received over 300,000 visitors during the four-day Easter holiday period. The daily visitor average over Ea
