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Chinese tourists are driving Asia-Pacific's travel boom — flight bookings to hit pre-pandemic levels

Asia-Pacific's travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists.

The region's travel demand in December 2023 improved to almost 83% of 2019 numbers compared with just 57% in January, according to the  International Air Transport Association. These numbers are set to improve.

"The environment at the moment remains positive for most airlines," Willie Walsh, director general of the IATA told CNBC's "Squawk Box Asia" on Tuesday. Demand is "just a little bit shy" of pre-pandemic levels, and that goal is expected to be hit this year, he added.

Experts believe Chinese tourists will fuel this demand, particularly as they visit Southeast-Asian destinations within the wider region.

Travel demand from Chinese tourists in Southeast Asia saw a notable rise in January, said James Sullivan, head of Asia-Pacific equity research at JPMorgan. 

"You're still seeing strong inbound arrivals to other countries in the region, but from an incremental flow perspective, we think ASEAN will be the net beneficiary," Sullivan noted. 

Research from Citi showed overall outbound China tourist numbers hit 3.6 million during the Lunar New Year holidays from Feb. 10 to Feb. 17, with a majority travelling to ASEAN countries.Thailand, Singapore, Malaysia, Vietnam and Indonesia were their top 10 destinations. 

Outside of Asia Pacific, the U.S., U.K., South Korea, Japan and Australia were popular holiday spots for Chinese travelers. 

More Chinese residents traveled outside of China this Lunar New Year compared with 2023, according to data from travel analytics firm Cirium. 

Thailand welcomed the highest number of Chinese tourists during this period, with flight bookings increasing

Read more on cnbc.com