81% rise in Chinese tourists forecast
The number of Chinese tourists travelling to the GCC is expected to increase 81 percent from 1.6 million in 2018 to 2.9 million in 2022, according to new research.
Data from Colliers International published ahead of Arabian Travel Market (ATM) 2019, reveals that the GCC countries currently attract just 1 percent of China’s total outbound market.
However, it said positive trends are expected over the coming years as 400 million Chinese tourists are expected to go abroad in 2030 – up from 154 million in 2018.
China’s links with the GCC have strengthened in recent years due to the introduction of additional and direct airline routes; the strong growth of the Chinese economy and Chinese tourists’ increasing disposable income, it noted.
The Colliers data shows Saudi Arabia will experience the highest proportionate increase in arrivals from China, with a projected compound annual growth rate (CAGR) of 33 percent between 2018 and 2022.
Both the kingdom and China’s cultural and educational exchanges have been cited as one of the key elements driving this influx.
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Видео 81% rise in Chinese tourists forecast канала Arabian Business
Data from Colliers International published ahead of Arabian Travel Market (ATM) 2019, reveals that the GCC countries currently attract just 1 percent of China’s total outbound market.
However, it said positive trends are expected over the coming years as 400 million Chinese tourists are expected to go abroad in 2030 – up from 154 million in 2018.
China’s links with the GCC have strengthened in recent years due to the introduction of additional and direct airline routes; the strong growth of the Chinese economy and Chinese tourists’ increasing disposable income, it noted.
The Colliers data shows Saudi Arabia will experience the highest proportionate increase in arrivals from China, with a projected compound annual growth rate (CAGR) of 33 percent between 2018 and 2022.
Both the kingdom and China’s cultural and educational exchanges have been cited as one of the key elements driving this influx.
Website: http://www.arabianbusiness.com/
Like Us on Facebook: https://www.facebook.com/ArabianBusiness
Follow Us on Twitter: https://twitter.com/ArabianBusiness
Follow us on Google+: https://plus.google.com/+arabianbusiness
Follow Us on Instagram: https://www.instagram.com/arabianbusiness/
Follow Us on LinkedIn: https://ae.linkedin.com/company/arabian-business
Subscribe to our Youtube Channel for Business News and Events in the Middle East Region: https://www.youtube.com/user/arabianbusiness/featured?sub_confirmation=1
Видео 81% rise in Chinese tourists forecast канала Arabian Business
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