Hotel Market Rebounds in China, Spring Festival Holiday Schedule Sparks Debate, Cross-Border Travel Increases, Japan Attracts Wealthy Foreigners

InterContinental reports significant growth in quarterly earnings due to rebounding hotel market in China. Chinese social media sparks debate over 2024 Spring Festival holiday schedule without Chinese New Year's Eve included. Resumption of visa-free policy between China and Russia leads to increase in cross-border travel. Japan lures wealthy foreigners with medical care and luxury dining. Inbound tourism to Japan nearly recovers to pre-COVID levels.