{"id":28473,"date":"2022-03-28T10:19:43","date_gmt":"2022-03-28T13:19:43","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28473"},"modified":"2026-04-23T10:08:35","modified_gmt":"2026-04-23T13:08:35","slug":"chinas-tourism-recovery-will-remain-volatile-in-2022-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/chinas-tourism-recovery-will-remain-volatile-in-2022-analysts-say","title":{"rendered":"China&#8217;s tourism recovery will remain volatile in 2022, analysts say"},"content":{"rendered":"\n<p>Fitch Ratings expects China&#8217;s tourism recovery to remain volatile due to travel restrictions related to a resurgence of Covid-19 cases.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>China.- While new\u00a0<strong>Covid-19 cases have decreased in China<\/strong> in recent days, analysts don&#8217;t see much chance of a recovery for tourism anytime soon. According to Fitch Ratings,\u00a0<strong>the sector will remain volatile throughout this year\u00a0<\/strong>due to travel restrictions.<\/p>\n\n\n\n<p>Fitch noted that the government&#8217;s Covid-19 guidelines have helped drive a recovery in domestic tourism but that any surge in cases would likely weigh on tourism activity.<\/p>\n\n\n\n<p>Analysts said: \u201cLeisure travel has recovered rapidly as travel preferences shifted towards short-distance, high-quality vacations and family entertainment, such as theme parks.&#8221;\u00a0<\/p>\n\n\n\n<p>It added that in the scenic spots market, which generally targets non-local tourists, the recovery has been much slower. <\/p>\n\n\n\n<p>&#8220;Scenic spots have faced higher operational volatility because the destinations are more affected by cross-provincial travel restrictions,&#8221; analysts concluded.<\/p>\n\n\n\n<p>From today, the\u00a0quarantine requirement for visitors to Macau have been reduced from 21 to\u00a0<strong>14 days.\u00a0<\/strong>Restrictions for those\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-tightens-covid-19-test-requirements-for-zhuhai-arrivals\" target=\"_blank\">entering Macau via Zhuhai,<\/a>\u00a0in the neighbouring province of Guangdong could soon be eased as no new cases have been detected since March 19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings expects China&#8217;s tourism recovery to remain volatile due to travel restrictions related to a resurgence of Covid-19 cases.<\/p>\n","protected":false},"author":176,"featured_media":26796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fitch Ratings anticipates continued volatility in China's tourism sector due to persistent COVID-19 travel restrictions, despite a recent decrease in new cases. While domestic leisure travel has shown some recovery, cross-provincial restrictions severely impact scenic spots and, by extension, key gaming jurisdictions like Macau, which has recently reduced its quarantine requirement from 21 to 14 days.","focusai_entities":"Fitch Ratings","focusai_location":"China, Macau, Zhuhai, Guangdong","focusai_target_profile":"ceo_executive (0.95), regulator (0.85), operator_casino (0.98), marketing_crm (0.75), investor_analyst (0.97), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Impact?","query":"What is the projected impact of these persistent travel restrictions and the recent quarantine reduction on Macau's Gross Gaming Revenue (GGR) for the remainder of the fiscal year?"},{"label":"Operator Strategic Adjustments?","query":"How are major integrated resort operators in Macau adjusting their capital expenditure plans and operational strategies in response to Fitch's volatile tourism outlook and evolving cross-border travel policies?"}],"footnotes":""},"categories":[16338,23876],"tags":[],"class_list":["post-28473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-social-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=28473"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28473\/revisions"}],"predecessor-version":[{"id":28485,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28473\/revisions\/28485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26796"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}