China set to be top market for tourism
Updated: 2014-04-09 07:15
By Wang Wen (China Daily)
|
|||||||||
China will overtake the US this year as the largest overseas tourism market measured by travelers and continue to grow, the industry's biggest global distribution system provider said on Tuesday.
Chinese will make up 20 percent of the world's foreign tourists by 2023, a report by Spain-based Amadeus IT Group SA said. The number of Chinese families able to afford overseas holidays will double in the next 10 years.
China's robust economic growth and increasing consumer spending are spurring the trade in tourism to outside the country, the report said.
"Chinese travelers' passions for outbound tourism are unstoppable," Jiang Yiyi, director of the China Tourism Academy's international tourism development division, said.
Academy statistics show the number of outbound travel trips increased 18 percent to 98 million in 2013 and could reach 114 million this year. China became the largest outbound travel market, measured by total spending, in 2012, accounting for 9.5 percent of the global total.
Amadeus' report said Asia, particularly its Northeast region, will become more important to the business-travel market because volumes in the West won't recover to pre-2008 levels until 2018.
China may also exceed the US as the largest market for business-travel spending as early as 2015, according to an end-March report by The Global Business Travel Association.
It forecast spending to grow 17.8 percent year-on-year to $309 billion in 2015, as economic growth remains steady, although slowing. Domestic travel is the main driver, making up about 95 percent of spending on Chinese business travel, the GBTA said.
Although government restrictions on public spending have adversely affected business travel in China, domestic business-travel spending continues to grow, Welf Ebeling, regional director for GBTA Asia, said.
Chinese airlines still benefit from business travel, although growth is slower than in previous years. Air China Ltd's sales revenue from first- and business-class seats rose 7 percent year-on-year in 2013, according to its annual report. Passenger numbers for the two premier cabins of China Southern Airlines Co Ltd grew 14.5 percent in 2013 compared with the previous year, it said in its annual report.
wangwen@chinadaily.com.cn
Chinese tourists buy luxuries at a dutyfree shop in Seoul. China will overtake the US this year as the largest overseas tourism market measured by travelers and, continue to grow, experts say. The number of Chinese families able to afford overseas holidays is expected to double in the next 10 years. Liu Debin / For China Daily |
(China Daily USA 04/09/2014 page16)
- Chinese schools vie in moot court
- Australian divers start underwater search for MH370
- Cleaver-wielding man subdued after tense standoff
- Pro-Russian demonstrators announce Kharkov's independence
- Breakdancer 'freezes' in front of Paris landmarks
- TV Debate in Boao Forum for Asia Annual Conference
- Ming Dynasty 'chicken cup' sells for record $36 million
- Simply child's play
Most Viewed
Editor's Picks
Parents put kindergartens to the test |
Nomads change for education |
Answering the call to prayer |
President Xi visits western Europe |
'Model husband' shatters image of love |
Reforms set to boost NGOs |
Today's Top News
Rwandans told 'never again'
Kim Jong Un reelected first chairman of NDC
Blast kills 23 in market on edge of Pakistani capital
Cross-border deals headed south?
Two more 'pings' detected in search for MH370
China urges US to restrain Japan
Moscow warns Kiev of 'civil war'
Asia Society in NYC launches think tank
US Weekly
Geared to go |
The place to be |