Vietnam among fastest-growing destinations for Lunar New Year travel
VOV.VN - East Asia and Southeast Asia accounted for the largest share of overall bookings this Lunar New Year season, with Vietnam, the Republic of Korea (RoK) and Indonesia ranking among the fastest-growing destinations.
The ranking was released by Singapore-based TTGAsia on February 3, based on a forecast from Trip.com Group, China’s largest online travel platform.
During the Lunar New Year season, Seoul, Ho Chi Minh City and Bali recorded year-on-year booking growth of more than 70%, making them the top-performing cities.
Lunar New Year bookings across Trip.com Group’s platforms have climbed by double digits this year compared with last year, as travellers opt for longer holidays and more ambitious festive travel.
The season brings some of the longest holiday periods for Asian countries. In China, the public holiday spans nine days, while consumers can extend their break beyond 15 days by taking five days of annual leave. In Vietnam, people can enjoy up to nine days off, including weekends. Similar dynamics are seen in the RoK, Singapore, Malaysia and the Philippines. Longer holidays are also boosting interest in package tour products, Trip.com Group noted.
In Singapore, Malaysia, Indonesia and Vietnam, five-star hotels account for close to half or more of all stays booked. Upper-tier properties represent around three-quarters of accommodation booked across these Southeast Asian destinations.