Consumer Staples, Financials Feb 06, 2022 07:39 PM (GMT+8) · EqualOcean
Ctrip released the 2022 Spring Festival Tourism summary report on February 6. The report shows that as of February 5, during the Spring Festival, the proportion of accommodation customers from third tier, fourth tier and fifth tier cities increased by 13% year-on-year and 34% year-on-year compared with the Spring Festival in 2019. Orders increased by 30% year-on-year. While the young people in the small town returned home for the new year, the order volume of rural hotels more than doubled compared with that during the Spring Festival last year.

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