With the growing number of the middle class, China’s outbound travel spend will be near twice the amount of the U.S. ($134 billion), reaching $255.4 billion by 2025 according to a joint survey by Visa and Oxford Economics.
Chinese travelers to Thailand to exceed 10 million in 2016
The number of Chinese tourists to Thailand reached 4.9 million person-trips in the first half of 2016, accounting for almost 30% of total inbound travelers according to Tourism Authority of Thailand.
China outbound tourism market overview 2016
The number of China’s total outbound tourists has increased from 47.66 million in 2009 to 120 million in 2015; the growth rate was 12.1%. Southeast Asia, Japan, South Korea the most popular destinations for Chinese travelers in 2016.
Bangkok is the most popular destination for Chinese tourists
China ranks the first of the top ten sources of tourists to Asia pacific destinations with 50.4 million international overnight visitors; it is nearly 20 million more than that of South Korea which ranks the second according to a MasterCard research.
Millennials account for 73% of outbound tourists in China
China millennials, also known as Generation Y or post-80s and post-90s by Chinese marketers, account for 25% of the total population and 73% of outbound tourists in China according to GfK.
81% Chinese travelers planning international travel in 2016
Chinese Tax-Free Shopping spend dropped into negative growth falling -24% year-on-year in March 2016 according to last month’s Globe Shopper Report by Global Blue.
Chinese Outbound Tourists Spent $229 Billion Shopping in 2015
China had 109 million outbound tourists who spent a total amount of US$229 billion on shopping in 2015 according to GFK. China was the largest outbound country in the world.
220 Million Chinese to Travel Overseas in 2025
A total number of 220 million Chinese residents will travel overseas with a total spend of $450 billion in 2025 , up from 120 million residents spending $250 billion in 2015 according to Goldman Sachs’ report.
China Travel Market Overview for Q4 2015
As of 31 December 2015, the number of travel agencies in China reached 27,621 according to China National Tourism Administration.
China Travel Insights for Chinese New Year 2016
China’s post-70s and post-80s drive the outbound tourism market during Chinese New Year in 2016 according to lvmama.com. Hainan and the northeastern regions are popular domestic travel destinations. Japan and South Korea are popular outbound destinations during CNY in 2016.
China Luxury Hotel Users Insight in 2015
China major luxury hotels were located in relatively advanced regions. Male users accounted for 60.5% and users with monthly income of 5,000 yuan (US$762.8) to 10,000 yuan (US$1525.6) accounted for the bulk. Ctrip and Qunar led China’s online luxury hotel booking market according to Analysys.
6 Million Chinese Travelers Meant 1.6% of Korean GDP in 2015
China’s travel market reached a total number of of 4.12 billion person-trips in 2015 according to China National Tourism Administration. China’s domestic travel market exceeded 40 million person-trips contributing over 4 trillion yuan (US$0.61 trillion) for China.
China Free & Easy Trip Travels Insights in 2015
China’s outbound free & easy trip market reached 930 billion yuan (US$142.53 billion) with over 80 million person-trips in 2015. China’s domestic free & easy travel market totaled 3 trillion yuan (US$0.46 trillion) with 3.2 billion person-trips in 2015 according to Lvmama.
China Outbound Cruise Travel Market Insight 2015
China online travel market reached 44.88 billion yuan (US$7.00 billion) an increase of 48.1% YoY in 2014. And, China’s online travel market is expected to total 63.06 billion yuan (US$9.84 billion) in 2015, an increase of 40.5% compared to the previous year estimated by iResearch.
Tuniu Outbound Travel Saw 1.7 Million Orders in Q3 2015
Tuniu reported net revenues of 127.5% YoY to 3.0 billion yuan (US$469.4 million) and gross bookings of 122.2% YoY to 4.0 billion yuan (US$621.7 million) in the third quarter of 2015. By providing high-quality products and services to customers, Tuniu expects to generate 1,811.0 million yuan to 1,857.4 million yuan of net revenues which represent […]