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Chinese tourists contribute over one-fifth to global outbound spending
02/27/2018|9:04:38 AM|
In the next decade, about one-fourth of global employment is expected to emerge in the travel industry, with Chinese tourism being the major driving force.
China tourism nets $850 billion in 2017, contributing 11.04% to GDP
02/07/2018|3:38:42 PM|
In 2017, China earned $850 billion from tourism, up 15.1%. The tourism industry contributed ￥9.13 trillion to GDP, accounting for 11.04% of economic output, according to China Tourism Academy.
China gains 28 million visitors and $66.8 billion tourism receipt in 2016
10/10/2017|2:22:57 PM|
A China Tourism Academy report shows that China's inbound tourism receipt steadily increased 5.6% to $120 billion in 2016, resulting in a tourism trade surplus of $10.2 billion.
Southeast Asia benefits from Chinese visitor fallout in Japan and South Korea
08/21/2017|8:52:46 AM|
Southeast Asian countries were the major beneficiary of Chinese tourism fallout in South Korean in the first half of 2017, as the destinations share similar pricing ranges, travel duration and customer base.
Record domestic & outbound tourism traffic for upcoming Golden Week
08/28/2017|11:23:04 AM|
Ctrip projects all time high tourism traffic in the upcoming golden week, at more than 650 million trips for domestic travel and over 6 million trips for outbound travel.
TravelersBox gears up for its foray into China
05/04/2017|10:31:49 AM|
TravelersBox operates kiosks at airports that allow travelers to convert their leftover foreign currency into digital money. The company hopes the Chinese travelers, too, will like the idea.
Marriott brings new hotel brands to China
03/21/2017|4:17:34 PM|
Marriott has introduced its independently-branded upscale hotel the Shanhaitian Resort Sanya to China, following an earlier Chinese debut of its Tribute Portfolio collection last month.
Destination service LazyCat Travel gets millions of yuan in A+ round
03/08/2017|11:22:15 AM|
Destination travel supplier LazyCat Travel raised millions of yuan in its series A+ round. The company focuses on outbound sector and distributes around 90% of its tour products on Alibaba’s travel marketplace.
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