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China Tourism Report Q2 2016

  • ID: 3615986
  • February 2016
  • Region: China
  • 34 pages
  • Business Monitor International
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View China is home to one of the largest tourism markets in the world. A growing middle class and expanding range of international transport connections have facilitated the development of a huge outbound travel market while China National Tourism Administration estimates domestic tourism accounts for some USD620bn of tourism revenue. We are forecasting healthy growth in the tourism industry throughout our forecast period to 2020, though we do note that regional political tensions and concerns regarding a slowdown in the Chinese economy could impact upon growth potential.

Key Updates And Forecasts

- A further slump in the Chinese stock market in January 2016 is cause for concern, as ongoing market fluctuations serve to undermine consumer and investor confidence, which could lead to a delay in developments in the tourism industry. We do note, however, that outbound tourism bookings are maintaining strong growth.

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Industry View
Table: Key Forecasts (China 2013-2020)

SWOT

Tourism

Industry Forecast
Table: Inbound Tourism (China 2014-2020)
Table: Tourism Receipts (China 2014-2020)
Table: Hotel Accommodation (China 2014-2020)
Table: Tourist Departures And Consumption (China 2014-2020)

Industry Risk/Reward Index

Rewards

Risks
Table: Asia Tourism Risk/Reward Index

Security Risk

Market Overview

Competitive Landscape

Domestic Hotel Groups
Table: Domestic Hotel Groups

International Hotel Groups
Table: International Hotel Groups

Methodology

Industry Forecast Methodology

Risk/Reward Index Methodology
Table: Weighting Of Indicators

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Note: Product cover images may vary from those shown

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