Fliggy's 2024 National Day Holiday Travel Report: A Surge in Bookings Amid Robust Growth
Wednesday, Oct 9, 2024 4:26 am ET
The recently released Fliggy 2024 National Day Holiday Travel Report has revealed a significant surge in travel bookings, highlighting the robust growth and resilience of the travel industry. During the week-long holiday, which ended on October 7, 2024, travel demand soared, with both domestic and international bookings experiencing substantial increases.
Domestic travel, in particular, witnessed a remarkable rebound, with bookings for high-star hotels, package tours, and car rentals surging by 13%, 6%, and 19% respectively, compared to the previous year. This growth was fueled by a strong upward trend in outbound travel, with bookings increasing by over 50% compared to the previous year. International hotel bookings have also returned to about 120% of 2019 levels, indicating a robust recovery in the global travel market.
The cost-effectiveness of traveling during this year's National Day holiday has improved further, with average domestic flight and hotel bookings decreasing by approximately 13% and 6% respectively, compared to last year. International flight and hotel bookings fell by about 19% and 3% respectively, making travel more affordable for consumers.
The surge in travel bookings not only reflects the pent-up demand for travel but also highlights the growing consumer confidence in the travel industry. The National Day holiday is a crucial period for the travel and tourism sector, as it provides an opportunity for consumers to explore new destinations and engage in various leisure activities. The robust growth in travel bookings during this period is a positive sign for the industry's future prospects.
In conclusion, the Fliggy 2024 National Day Holiday Travel Report underscores the strong rebound in travel demand and the resilience of the travel industry. The surge in bookings, both domestic and international, highlights the growing consumer confidence in the travel sector and its potential for future growth. As the travel industry continues to evolve and adapt to changing consumer preferences, it is poised to play a crucial role in driving economic growth and job creation.
Domestic travel, in particular, witnessed a remarkable rebound, with bookings for high-star hotels, package tours, and car rentals surging by 13%, 6%, and 19% respectively, compared to the previous year. This growth was fueled by a strong upward trend in outbound travel, with bookings increasing by over 50% compared to the previous year. International hotel bookings have also returned to about 120% of 2019 levels, indicating a robust recovery in the global travel market.
The cost-effectiveness of traveling during this year's National Day holiday has improved further, with average domestic flight and hotel bookings decreasing by approximately 13% and 6% respectively, compared to last year. International flight and hotel bookings fell by about 19% and 3% respectively, making travel more affordable for consumers.
The surge in travel bookings not only reflects the pent-up demand for travel but also highlights the growing consumer confidence in the travel industry. The National Day holiday is a crucial period for the travel and tourism sector, as it provides an opportunity for consumers to explore new destinations and engage in various leisure activities. The robust growth in travel bookings during this period is a positive sign for the industry's future prospects.
In conclusion, the Fliggy 2024 National Day Holiday Travel Report underscores the strong rebound in travel demand and the resilience of the travel industry. The surge in bookings, both domestic and international, highlights the growing consumer confidence in the travel sector and its potential for future growth. As the travel industry continues to evolve and adapt to changing consumer preferences, it is poised to play a crucial role in driving economic growth and job creation.