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Monday, November 26, 2007

CHINA - Travel Firms Bank on Jump In Getaways When Holidays Shift

online.wsj.com, November 19, 2007

China's government may give its citizens at least six more vacation days next year, and analysts say the extra leisure time likely will boost China's already flourishing travel-and-tourism sector.
Travel operators are betting on a shift to shorter, more frequent trips by rolling out new vacation packages, a sign that they believe the government will push through the holiday proposals soon.
Analysts say the biggest travel companies are the ones most likely to benefit from the overhaul because they have the scale and network to respond to the heightened demand for road trips and weekend getaways.


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