bearish

Monthly Chinese Tourism Tracker | Momentum Shifts From Airlines to TCOM | September 2025

528 Views23 Sep 2025 07:38
Chinese air travel growth continues to slow. Chinese airlines have been unable to lift margins as aircraft utilization improves, and we no longer expect them to outperform Trip.com.
What is covered in the Full Insight:
  • Introduction
  • Traffic Growth Analysis
  • Airlines and Hotel Performance
  • Shift to Travel Intermediaries
  • Conclusion and Outlook
SUMMARY
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