China Tourism Academy’s latest report shows total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on year, ranking 4th in the world, following America, France and Spain in 2013. China received 129.0778 million foreign travelers with a decrease of 2.51% YoY, ranking 4 in the world, following […]
China’s Travel Market to Reach USD 530B in 2014; Oversea Chinese Travelers to Spend USD 155B
China Tourism Academy estimates total revenue generated from China’s travel industry is going to reach RMB 3.3 trillion (USD 530 billion) this year with 3.76 billion person trips.
Chinese Travel Willingness Report in 2014
As the report published by Ctrip showed, China tourists had strong willingness to travel in 2014. Over 99% of respondents would go traveling, and about half (51%) of them planned to travel 3 times and more. More tourists wished to travel more than once, compared with last year.
China’s Inbound Tourists At Its Lowest In H1 2013
According to China National Tourism Administration, in the first half of 2013, the number of foreign visitors in China was merely 4.94 million. Compared to the number of visitors in the first half of 2012, 2011 and 2010, it has been dropping consistently for three years.