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Luxury stock prices spike as China lifts group tour bans

August 10, 2023

China issued bars on group travel to Europe, North America, Africa and the Asia-Pacific region to slow the spread of the COVID-19 virus back in 2020. After three years of limits, the nation’s shoppers can resume the guided tours in a total of 78 locations across the globe. Image credit: Shutterstock


European companies are experiencing boosts in value as pandemic-era travel restrictions enacted in one of luxury’s most crucial markets ease.

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