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Live Trading News > Blog > Asia > ASEAN > Singapore, South Korea, Hong Kong, Japan and Thailand Travel News
ASEAN

Singapore, South Korea, Hong Kong, Japan and Thailand Travel News

Shayne Heffernan Ph.D.
Last updated: December 29, 2022 12:01 am
Shayne Heffernan Ph.D.
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  • Singapore, South Korea, Hong Kong SAR, Japan and Thailand led the surge as the most popular destinations for air travellers
  • Across-the-board growth also witnessed in searches for visa applications over the past few months
  • Busier season ahead as Spring Festival approaches, with Trip.com Group warming up for a peak in outbound travel after almost three years of border closure

On the morning of Dec 27, Trip.com Group, leading global travel service provider, recorded a staggering 254% increase in mainland China’s outbound flight bookings compared to a day earlier.

Flights bound for Singapore, South Korea, Hong Kong (China), Japan and Thailand led the surge, making them the top five tourist destinations following mainland China’s decision to reopen borders on Dec 27.

Singapore was the fastest-growing of all the destinations, with flight bookings leaping six-fold, followed by an average 400% jump in airline ticket orders for the other four destinations. Moreover, bookings for long-haul flights to the United Kingdom, the United States and Australia also grew.

Shanghai, Beijing, Guangzhou, Chengdu and Hangzhou claimed the top five places as the most popular cities of departure in light of online searches for outbound flights. Meanwhile, the booming demand for international travel is further mirrored by a spike in interest among overseas tourists looking to visit China.

Trip.com Group data shows that bookings for inbound flights on Dec 27 rocketed 412% from the same period on Dec 26. Australia, Germany, Japan, Singapore and Hong Kong SAR topped the list as the largest sources of inbound travellers.

Jane Sun, CEO of Trip.com Group, said, “The move would create enormous opportunities for both the Chinese inbound and outbound travel markets. As one of the first tourism companies to tap into the international market, Trip.com Group provides outstanding global one-stop services. But, of course, opportunities always come with challenges. While rapidly expanding our global network, Trip.com Group is also preparing for the added pressure on the service system expected to be brought about by the demand increase. We are confident that we can supply Chinese travellers unable to travel the world for three years with a safe and enjoyable trip.”

Passport issuance for business and tourism

A leap in the volume of travel orders comes as China’s National Immigration Administration announced on Dec 27 that starting Jan 8, 2023, it will handle Chinese citizens’ applications for ordinary passports for tourism, as well as resume permit issuance for mainland residents to visit Hong Kong for tourism and business purposes.

The news gave a boost to visa processing services. According to Ctrip platform, a sub-brand of Trip.com Group, searches for outbound visas skyrocketed 300% as soon as news of China’s border reopening broke, with those for an entry permit to enter Hong Kong soaring fivefold.

Notably, visa applicants on Ctrip platform over the past few months mostly comprised business travellers. After the removal of mandatory quarantine measures for inbound travellers was announced on the evening of Dec 26, customers who consulted Ctrip on visa matters did so primarily for tourism purposes.

Lunar New Year outbound travel boom

Less than two weeks after China abolishes its quarantine restrictions for inbound visitors on Jan. 8, 2023, the country will celebrate its traditional Lunar New Year holiday, a usual peak season for an outbound travel boom.

Trip.com Group’s data reveals that searches for trips during this period to pre-pandemic tourist hot spots have grown significantly, with Japan, Thailand, South Korea, the United States, Singapore, Malaysia, Australia and the United Kingdom emerging as the most-searched destinations. Searches for package tour products during the Lunar New Year break also soared six-fold.

Edison Chen, General Manager of Destination Marketing at Trip.com Group, commented, “After the policy announcement, lots of overseas travel destinations were among the first to take note of the shift, and we have promptly reached a series of collaborative proposals targeting Chinese outbound tourists with them, including Hong Kong SAR, Macau SAR, Singapore, Australia, the United States, Canada, and South Korea. As we advance in the face of new market demand, we will swiftly integrate valuable overseas destination resources and roll out a suite of appealing outbound tourism products and services to prepare ourselves for the new opportunities made available by the rebound of tourism.”

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, Qunar and TrainPal. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com. 

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By Shayne Heffernan Ph.D.
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Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
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