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Business trends

Asian travel industry expects boom in tourists during Chinese New Year

Tourists leave economic worries at home and shun cheaper group tours

Chinese tourists visit the Grand Palace in Bangkok on Feb. 2. (Photo by Kosaku MImura)

TOKYO/ BANGKOK -- Asia's hotels, airlines and travel agencies are preparing for a rush of Chinese tourists during the Lunar New Year this week, as consumers refuse to abandon holiday plans despite the slowing economy and uncertain outlook back home.

Travel agencies and tourism authorities in Thailand and Japan -- the top two destinations for Chinese tourists -- said bookings this year were up for the world's largest annual human migration.

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