The destinations registering the highest spending were Hong Kong, Taiwan, Korea, France, Singapore and Italy, according to Ctrip’s data
Chinese visitors contribute to creating one job in Britain’s tourism industry per every 22 Chinese tourists, according to VisitBritain CEO Sally Balcombe.
Although the number of Chinese visitors in 2014 grew 9.6% y-o-y, the growth rate began to falter and then fell 33.1% by January 2015.
Jiuhuashan Tourism is issuing 27.68 million shares is a Shanghai IPO on March 12 trading as Jiuhua Tourism.
The CNTA published Q4 tourism statistics for 2014 with data on domestic,inbound and outbound tourism markets from 26,005 travel companies.
Chinese travelers in their 30s are becoming the biggest spenders in outbound travel, powering China's global spending spree this Spring Festival.
Chinese visitor arrivals to the USA are expected to grow by 25% to 30% this year, continuing the strong growth in 2014.
Outbound travel from China during the Spring Festival holidays from February 18 to 24 leapt 10% year on year totaling 5.182 million trips.
