Rising Trend of Chinese Consumers towards Outbound Travelling Leads to Steady growth, Study by Mintel
No of Pages – N / A Publishing Date- December, 2016
Browse detailed TOC, Tables, Figures, and Charts in Global Serial Device Server Consumption 2016 Market Research Report at: http:// www. marketresearchhub. com / report / outbound-travel-china-december-2016-report. html
Market Research Hub has recently added the latest study by Mintel, titled“ Outbound Travel- China- December 2016” to its vast database. According to the study, in terms of outbound traveling, China has become the top tourist source nation among many countries such as Thailand, South Korea, Japan, Russia, Maldives and the United States. Also, some of the major factors including higher disposable income of China’ s fast-emerging middle class, the growing public knowledge of Western cultures and the growing number of direct flights to foreign cities have all contributed to the affluent of the country’ s independent outbound travel. Further, the China Outbound Traveling Industry Report also observes that Asia’ s tourism has experienced tremendous growth in the past years, which was led by the rise in the number of outbound tourists from mainland China. Last year, around 31 million Chinese traveled out of the country. Mainly, they visited other Asian destinations like Thailand, Hong Kong, Macao, Singapore, Malaysia & South Korea, but approx. 2 million Chinese also traveled to Europe and that figure is set to rise year on year. According to the market segment analysis, NonHong Kong, Macau and Taiwan takes the future lead in terms of traveler’ s visits. By 2020, Europe can expect 13 million Chinese visitors annually. In the first half of 2016, the female was the main force in outbound traveling. They accounted for around 58 %, up to 34.394 million.