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Travel 2018: What the data tells us
Value growth for 2017 is expected to be strong at 4.1% in 2017, decelerating to 3.1% in 2018, and a minor economic deceleration is expected in China.
Guangzhou-Shenzhen-Hong Kong one-hour travel zone moves forward
The Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL) in helping Hong Kong consolidate its status as a key global financial, shipping and trading center, and enhancing its overall competitiveness.
China ups 2 places to 15th on tourism competitiveness rank
China continues to deliver a strong performance and rises 2 positions in the index to reach 15th in the global Travel and Tourism Competitiveness ranking, according to a World Economic Forum report.
The world's 5 fastest growing cities for tourism are all in China
The world's top 10 fastest growing tourism cities are all in Asia, according to new data from the World Travel and Tourism Council.
705 million trips generate RMB 583.6 billion in China's 8-day holiday
A total of 705 million tourists traveled around China during the national holiday, generating RMB 583.6 billion (about USD 87.7 billion) of revenue, the China National Tourism Administration said.
EU to seek more Chinese tourists to help revive economy
EU is aiming to bring more Chinese tourists to the continent to help revive its economy, of which about 10% relies on tourism, the bloc's leaders said at a high-level meeting on Europe's tourism.
GBTA report highlights business travel's huge impact on US economy
A report from GBTA shows for every 1% change in business travel spending, the U.S. economy gains or loses 74,000 jobs, $5.5 billion in GDP, $3.3 billion in wages and $1.3 billion in taxes.
China’s consumer economy to add $1.8 trillion by 2021
By 2021, China will add $1.8 trillion in new consumption, roughly the size of Germany’s consumer economy today, according to a report by BCG and AliResearch.
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