(Bloomberg) — Chinese tourists tapped a lengthy national holiday to travel to Hong Kong, Macau and overseas in the largest numbers they have in years, suggesting consumption in the worldâs second-largest economy is mounting a rebound.Â
More than 1.2 million Chinese travelers visited Hong Kong during the eight-day Lunar New Year festival, the financial hubâs government said Sunday. That surpassed the number recorded over an equivalent period in 2018, before the pandemic. Nearby Macau reported a record 1.4 million tourists for the holiday â an upbeat sign for casinos in the worldâs biggest gambling hub.Â
Chinese visitors to Hong Kong were down slightly compared to 2019, when some 1.4 million tourist trips were made to the city, according to government data. The holiday lasted seven days that year.
The new year holiday â which this year was also one day longer than in 2023 â marks Chinaâs most important national celebration and is a key barometer…
