Synopsis
The report provides detailed market analysis, information and
insights, including:
·
Historic
and forecast tourist volumes covering the entire Chinese travel and tourism
sector
·
Detailed
analysis of tourist spending patterns in China
·
The
total, direct and indirect tourism output generated by each category within the
Chinese travel and tourism sector
·
Employment
and salary trends for various categories in the Chinese travel and tourism
sector, such as accommodation, sightseeing and entertainment, foodservice,
transportation, retail, and travel intermediaries
·
Detailed
market classification across each category, with analysis using similar metrics
·
Detailed
analysis of the airline, hotel, car rental and travel intermediaries
industries.
To Read The Complete Report with TOC :-
Executive summary
After the relatively slow growth of 7.8% in 2012, the lowest
annual rate of expansion since 1999, the economy is expected to stabilize with
annual growth edging up to an average of 8% over 2013–17. This reflects
continued urbanization and industrial upgrading. The economy is also expected
to become more balanced, assuming that the government’s policy measures, which
include greater rural social welfare, are successful in boosting domestic
consumption.
Scope
This report provides an extensive analysis related to the
tourism demands and flows in China:
·
It
details historical values for the Chinese tourism sector for 2008–2012, along
with forecast figures for 2013–2017
·
It
provides comprehensive analysis of the travel and tourism demand factors with
values for both the 2008–2012 review period and the 2013–2017 forecast period
·
The
report provides a detailed analysis and forecast of domestic, inbound and
outbound tourist flows in China.
·
It
provides employment and salary trends for various categories of the travel and
tourism sector
·
It
provides comprehensive analysis of the trends in airline, hotel, car rental and
travel intermediaries industries, with values for both the 2008–2012 review
period and the 2013–2017 forecast period
Reasons to buy
·
Take
strategic business decisions using historic and forecast market data related to
the Chinese travel and tourism sector.
·
Understand
the demand-side dynamics within the Chinese travel and tourism sector, along
with key market trends and growth opportunities.
·
Identify
the spending patterns of domestic, inbound and outbound tourists by individual
categories.
·
Analyze
key employment and compensation data related to the travel and tourism sector
in China.
Key highlights
·
After
the relatively slow growth of 7.8% in 2012, the lowest annual rate of expansion
since 1999, the economy is expected to stabilize with annual growth edging up
to an average of 8% in 2013–17. This reflects continued urbanization and
industrial upgrading. The economy is also expected to become more balanced,
assuming that the government’s policy measures, which include greater rural
social welfare, are successful in boosting domestic consumption.
·
Domestic
tourist volume increased from 958.8 million tourists in 2008 to 1.6 billion in
2012, at a CAGR of 14.02% during the review period. Over the forecast period,
trip volumes will increase at a CAGR of 13.83% to reach 3.1 billion by 2017.
The key growth drivers over the forecast period will be increased wealth and
leisure time, and an improved transport network. Over the forecast period,
domestic tourist expenditure is expected to increase at a CAGR of 26.17%, to
reach CNY7.8 trillion (US$1.2 trillion) by 2017.
To Buy a Copy Of This Report:-
·
China’s
tourism sector is dependent on domestic tourism due to the country’s strict
visa policy and group tour restrictions for traveling abroad. Domestic tourist
flows are very high as compared to inbound tourist volumes. In 2012, China
registered 1.6 billion domestic trips, while inbound trips were recorded at
59.4 million. China’s is the world’s largest domestic tourism market.
·
Inbound
spending increased across all categories except foodservice during the review
period, with the transportation category registering the largest growth at a
CAGR of 3.78%. Transportation accounted for the largest proportion of total
inbound tourist expenditure in 2012 with a 35.5% share. Over the forecast
period, the travel intermediaries category is expected to record the highest
CAGR of 7.82%, followed by retail with a CAGR of 4.70% and foodservice with
4.65%. The total inbound expenditure is expected to increase from CNY3.1
trillion (US$498.4 billion) in 2012 to CNY3.9 trillion (US$618.4 billion) in
2017. Economic improvement in the eurozone countries and favorable regulatory
changes will be the key growth drivers of inbound tourism.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
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