The Chinese outbound market is developing at an impressive rate; according to the CNTA (China National Tourism Administration) in 2015 China will be the no. 1 source of tourism in the world.
Taking place over 3 days, COTTM is a unique business platform for international countries to showcase their destinations and services to the increasingly mobile and expanding
Chinese outbound market.
Not exact matches
Even though only about 6 percent of
Chinese people have a passport, China has become the world's largest
outbound tourist
market, with more than 135 million departures a year — and Angkor Wat is an easy two - or three - hour flight from many cities in China.
This is testament to how the
Chinese outbound investment is an ever - fluid
market that changes at a rapid pace, as mainland
Chinese have increasingly become sophisticated international property buyers who tend to research thoroughly — either by asking for information online and via social media or by asking friends and families for recommendations — before narrowing down their options to decide on their final international property investment destination.
The Missed Opportunity: China's Neglected Internal Travellers While
outbound Chinese tourists attract the most attention, holidaymakers shopping inside China are a consumer
market that is growing too.
The yuan's weakness threatens to erode
outbound Chinese travel, which is the fastest - growing overseas source
market for U.S. travel spending.
In the second session, learn more about the challenges on the development of the
Chinese outbound travel
market from destination
marketing industry representative Dr Grace Pan, International Director of Tourism and Events Queensland.
Given the growing importance and great potential of the China
outbound travel
market, IHG is capitalising on over three decades of operating experience in China to launch «Zhou Dao», a tailor - made programme designed to prepare its hotels to welcome
Chinese travellers with a home - away - from - home experience.
Delegates will have the opportunity to hear from top executives of the largest tour operators both in China and worldwide, discussing the
Chinese inbound and
outbound markets.
The continued growth in
Chinese outbound and domestic travel will change the global hospitality industry for ever, reveals the WTM Global Trends Report 2011 released today at World Travel
Market
Simon Press, senior exhibition director, ATM, said: «The
outbound Chinese market represents a vast, untapped pool of affluent and adventurous travellers and the GCC has been a destination of choice for years.
Particularly since China's accession to the World Trade Organization in 2001,
Chinese in - house lawyers with experience working at multinational companies have become increasingly valued by both foreign companies entering the
Chinese market and
Chinese enterprises seeking to increase
outbound investment.
According to commercial real estate services firm CBRE,
Chinese outbound capital flows into global commercial real estate
markets have exceeded $ 10 billion in a year for the first time ever.