Hainan Travel Insights - China Duty Free Trend
【Posted on: 2020 September】
Average spending per trip is around RMB 5,000
Duty-free is an important component of Hainan Tourism, it has increased to over 13.6 Billion RMB in 2019 and was projected to grow even higher this year.
Post lockdown in China, more domestic travellers are interested in Hainan, which domestic intra-province is still high, this has come down and now accounts for only 23%
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Currently, the live streaming sales of Douyin are driven by mid-tier KOLs with 1 million to 10 million fans, while 70% of the sales on Kuaishou live streaming platform are mainly from KOLs with tens of millions of fans.
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