Fliggy's 2024 National Day Holiday Travel Report Shows Surge in Travel Bookings Amid Robust Growth

October 09, 2024 07:15 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Highlighting remarkable enthusiasm for travel during this holiday period

HANGZHOU, China, Oct. 9, 2024 /PRNewswire/ -- Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), has released its 2024 National Day Holiday Travel Report, which reveals a significant increase in reservations for domestic four- and five-star hotels, tour packages, and car rentals compared to the same period last year. Outbound travel has shown robust growth, following a strong rebound last year, with bookings rising over 50% year-on-year and outbound hotel reservations rebounding to approximately 120% of 2019 levels.

Zhang Chen, Vice President of Fliggy, said, "Travelers are increasingly looking for unique experiences that offer great value. We are committed to enhancing our platform's efficiency and expanding our marketing tools to help merchants provide innovative services that meet and exceed customer expectations."

Affordability fuels demand for 'value for money'

This year's National Day holiday travel has been notably more affordable. Fliggy's data indicates that average prices for domestic flights and hotel bookings have decreased by about 13% and 6%, respectively. For outbound travel, average flight prices have dropped by approximately 19%, while hotel rates decreased by around 3%.

Despite these cost reductions, travelers are prioritizing rich and high-quality experiences. Fliggy reports a nearly 40% year-on-year increase in bookings for domestic four- and five-star hotels during the holiday period. Reservations for travel packages—including flights, hotels, dining, and additional benefits—have also surged by nearly 40%. Outbound travel reflects this trend, with the average order value for vacation products significantly exceeding that of the same period in 2019. Local leisure activities, such as sea snorkeling and helicopter tours, have experienced a marked rise in average bookings compared to last year.

During this extended holiday period, both cruises—offering relaxed vacation experiences—and car rentals—known for their privacy and flexibility—have seen a notable surge in popularity. Fliggy reports an over 40% increase in domestic car rental bookings compared to the same period last year. International cruise bookings on Fliggy have surged by over 130% compared to 2019 in the month leading up to the holiday.

Longer and more expansive travel routes to uncover hidden gems

Tourists are increasingly eager to explore lesser-known destinations due to favorable weather and ample time for exploration. Fliggy's data reveals that emerging destinations are leading the country in travel bookings, including Wulong in Chongqing, Tashkurghan Tajik in Xinjiang, Lingshui in Hainan, Kunyu in Xinjiang, Shennongjia in Hubei, Nujiang in Yunnan, Beitun in Xinjiang, Ali in Tibet, Yushu in Qinghai, and Pu'er in Yunnan – all celebrated for their stunning natural landscapes and high-quality travel experiences. While these hidden gems are gaining traction, major cities like Beijing, Shanghai, Hangzhou, Chengdu, and Guangzhou remain top choices for travelers.

For outbound travel, destinations within a four-hour flight—such as Japan, Thailand, Hong Kong (SAR), South Korea, and Malaysia—are particularly appealing. Among the top 20 outbound destinations, longer flights exceeding eight hours make up half of the list, including Australia, the USA, France, Russia, and the UK. The fastest growth in tourism bookings was seen in countries like Nigeria, Zambia, Chile, Turkey, Serbia, Kazakhstan, Croatia, the Czech Republic, Hungary, and Belgium.

Booming cultural tourism and island getaways

This year's National Day holiday has seen growth in cultural and entertainment events across China, including concerts, music festivals, sports events, and anime conventions. In Beijing alone, there were 313 commercial performances totaling 1,580 shows. This vibrant arts scene has driven high demand for hotels and attractions nearby. Notable events included a concert by Eason Chan at the Hangzhou Olympic Sports Center and the WF2024 anime figure exhibition at the Shanghai New International Expo Center—both venues are among the top ten hotel booking districts in their respective cities on Fliggy.

Fliggy's data also indicates strong interest in cultural theme tours during the holiday. Activities such as traditional Chinese clothing photography (Hanfu), experiences of Intangible Cultural Heritage, and immersive historical site tours have proven particularly popular. Island vacations emerged as a favored choice for outbound travel; among the top ten overseas experiences booked were island vacation packages to Malaysia, Thailand, and Jeju Island, accounting for more than half of the selections made.

About Fliggy

Fliggy is a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)), and is one of the leading online travel platforms in China. Fliggy places a strong emphasis on innovation in its products and services, catering to the increasingly personalized and diversified needs of consumers in both China and overseas markets.

Leveraging Fliggy's advantage as part of the Alibaba ecosystem, merchants can benefit from the vast user base within the Group. Fliggy also collaborates with partners through a full-service management format, helping more merchants, especially small and medium-sized ones, easily and efficiently share opportunities enabled by digitalization.

Fliggy's long-term strategy is to promote the digital transformation of the tourism industry, using an open platform and mechanisms to help the industry make better use of digital business infrastructure for their operations.

Media Contacts
Fliggy
[email protected]

Paradigm Consulting
Rebecca Liu
[email protected]
+852 6036 5060


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.