China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
Inbound visitors to China stayed for eight days on average and spent USD 237.75 per capita in 2015.
The full-on collaboration between the travel sectors of China and Europe has turned Europe into a “gold-rush” market for Chinese travel enterprises, which has been making diversified investment overseas.
Chinese visitors were the top spenders in Japan, spending an avg RMB16,000 per person in comparison to avg RMB5,590 per person from visitors of other nationalities.
Visitor arrivals to New Zealand in November this year increased 11% year on year and totaled 300,500 trips, according to the latest data of Statistics New Zealand.
Facing a domestic consumption tax hike the Korean government is banking on attracting Chinese consumption to boost national consumption.
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.