China's Domestic Tourism Faces Price Wars and Underperformance

China's domestic tourism sector is struggling with underperformance, as soft consumer demand leads to falling hotel revenues and intense price competition among providers.

3 Aug, 10:32 — 3 Aug, 10:32

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cnbcMostly Factual29d ago

Tourism price wars threaten to dim a rare bright spot in China's consumer spending

China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.

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China's Domestic Tourism Faces Price Wars and Underperformance

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Tourism price wars threaten to dim a rare bright spot in China's consumer spending

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