Ascend by Cirium on Asia travel outlook

The video discusses the current state of travel demand, highlighting a strong domestic focus due to international capacity limitations. It addresses the challenges in reestablishing travel capacity post-pandemic, including supply chain disruptions and visa processing issues. The global travel market is also facing similar challenges, with airlines exploring new destinations to optimize costs. Economic factors, such as the weak yuan, impact Chinese travelers' spending power. Despite these challenges, there is a pent-up demand for travel. Ticket prices remain high due to inflation and capacity issues.

What is the current focus of Chinese travelers due to international capacity limitations?

• Virtual travel

• Domestic travel

• International travel

• Business travel

What is one of the major challenges in reestablishing the tourism supply chain?

• Excessive manpower

• Visa processing limitations

• Overabundance of flights

• Lack of interest from travelers

What global issue is affecting the recovery of the travel industry post-pandemic?

• Political instability

• Supply chain disruptions

• Environmental concerns

• Technological advancements

How has the weak yuan affected Chinese tourists?

• Diminished spending power

• No effect on spending power

• Increased spending power

• Improved travel options

What is the current state of outbound travel from Japan compared to 2019?

• 70% down

• 50% down

• 30% down

• Fully recovered

Which city is driving the growth in travel capacity between China and Japan?

• Tokyo

• Beijing

• Shanghai

• Osaka

What is a contributing factor to the high ticket prices on some routes?

• Decreased demand

• Technological advancements

• Inflation and supply shortages

• Increased competition