The return of Chinese tourism?

2024-12-24 20:41:27 source:lotradecoin exchange category:Markets

Chinese citizens are once again allowed to travel internationally and the global tourism industry is ready to welcome them with open arms. Why? Chinese tourism has meant big money in the past. In 2019, Chinese travelers spent a fifth of all tourist dollars.

We hear from the managing director of Bridestowe, a lavender farm on the island of Tasmania in Australia. He says Chinese tourists made up a big chunk of their visitors pre-pandemic and hopes they'll return. (Its popularity as a tourist destination took off after a Chinese model posted a photo of herself with a Bridestowe lavender bear on social media.)

But there are already some early signs a full rebound in Chinese tourism might be a ways off.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

The audio engineer for this episode was Katherine Silva.

More:Markets

Recommend

What was 2024's best movie? From 'The Substance' to 'Conclave,' our top 10

Love movies? Live for TV? USA TODAY's Watch Party newsletter has all the best recommendations, deliv

T.I., Tiny Harris face sexual assault lawsuit for alleged 2005 LA hotel incident: Reports

T.I. and wife Tameka "Tiny" Harris are facing a new civil lawsuit from a woman who claims the couple

A major storm sweeping the US is expected to bring heavy rain, snow to East Coast this weekend

NEW YORK (AP) — A winter weather system moving through the U.S. is expected to wallop the East Coast