Consumption booms during Spring Festival holiday
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Accommodation and catering:
Driven by demand for returning home and travelling during the holiday, the average daily sales revenue of accommodation services increased by 25.4 percent year-on-year and the average daily sales revenue of catering services grew by 31.5 percent year-on-year, said Xinhua, citing the State Taxation Administration.
Data from e-commerce platform Meituan showed that "full occupancy" became a hot word in the accommodation service industry during the holiday, with the accommodation orders of family and parent-child customers surging over 70 percent year-on-year.