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China Stock Listed Travel Companies Report, 2006-2007
Research In China, July 2007, Pages: 120
The inbound travel revenue amounted to USD 33.95 billion in China in 2006, up 15.9% y-o-y; domestic travel revenue reached RMB 623 billion, rising 17.9% y-o-y. Growth rate rose 2.1% and 5.7% respectively. In recent five years, the CAGR of inbound travel and domestic travel amounted to 13.8% and 12.1% respectively, far higher than GDP.
According to the calculation of National Tourism Administration, the annual growth rate of the total investment in tourism of China was 12.2% in the recent five years. The total investment will amount to RMB 1.9 trillion in 2010 if keeping such a pace.
The travel industry will keep the growth pace of 10.4% annually in China in the following several years, in which, personal travel consumption will increase at the pace of 9.8% annually, and the growth pace of enterprise and government travel will amount to 10.9%. By 2010, the ratio of the total travel income to GDP will reach 8% from 5.44% in 2002. Up to 2020, China will be the 1st largest destination country for travel and the fourth largest tourist export country in the world, and then the outbound travel population of China will reach 100 million person-times.
The report introduces overall comparison and analysis, performance, operation, investment, etc of 21 listed companies in the travel industry in China, and analyzes main business structure and latest market trend specifically.
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