Record domestic travel and spending marks China's longest Lunar New Year break

China's nine-day holiday saw 596 million trips as tourism spending rose 19 percent. While travel and dining grew, the box office faced a sharp decline.

Insights:
China CNCN recorded 596 million domestic trips and 803.5 billion yuan in total tourism spending during the nine-day Lunar New Year holiday, according to the Ministry of Culture and Tourism. These figures represent a year-on-year increase of almost 19 percent for both travel volume and spending. The growth was supported by the extended nature of the holiday, which was longer than the previous year.
People gather at a holiday market in a park during Lunar New Year celebrations marking the Year of the Horse in Beijing, China, on February 18, 2026. REUTERS/Maxim Shemetov
People gather at a holiday market in a park during Lunar New Year celebrations marking the Year of the Horse in Beijing, China, on February 18, 2026. REUTERS/Maxim Shemetov
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.