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The current situation and development trend of the travel industry

The number of travel agencies in China continues to grow

According to the Ministry of Culture and Tourism (MCT), the number of travel agencies in China has continued to grow from less than 39,000 in 2019 to 2021 from less than 42,000 in 2021, despite the large negative impact of the epidemic on the travel industry since 2020 42,400 in 2021, a 4.3 percent increase from 2020.

Continued decline in the number of travel agency employees in China

Unlike the growing number of travel agencies, the number of travel agency employees in China has continued to decline from 2019-2021, from 415,900 in 2019 to 278,800 in 2021, a decline in 2021 from 2020 of 13.55%.

China's total domestic tourism departures in 2021 grew by 12.8% year-on-year

China's total domestic tourism trips in 2021 will be 3.246 billion, a year-on-year increase of 12.8%, but still far lower than the preepidemic 5.901 billion in 2019, recovering only to 54.0% of 2019.In 2021, urban residents made 2.342 billion domestic trips, up 13.4%; rural residents made 904 million domestic trips, up 11.1%.

China's Total Domestic Tourism Consumption Growth of 31% in 2021

China's Total Domestic Tourism Consumption Revenue in 2021 will be 2.92 trillion yuan, an increase of 31.0% from 2020 but much lower than that of 5.73 trillion yuan in 2019.In 2021, the total domestic tourism consumption of urban residents will be 2.36 trillion yuan, an increase of 31.6% from 2020; the total tourism consumption of rural residents is 0.55 trillion yuan, an increase of 28.4% from 2020.

China's online travel turnover reaches 1.47 trillion yuan in 2021

According to Fastdata Extreme Data, China's online travel market began to recover in 2021, with an annual turnover of 1.47 trillion yuan in 2021, a 34.9% increase from 2020, but still not back to the 2019 levels.

In summary, the number of travel agencies in China has increased rather than decreased since the epidemic, but the number of travel agency employees has continued to decline. From the data of total domestic travel trips and total consumption in 2021, the industry shows signs of recovery. in 2021, China's total domestic travel trips amounted to 3.246 billion, a year-on-year increase of 12.8%; total consumption of tourism reached 2.92 trillion, a year-on-year increase of 31.0%; and online tourism turnover reached 1.47 trillion, a year-on-year increase of 34.9%.

-- The above data refer to China Tourism Industry Market Outlook and Investment Strategy Planning Analysis Report