China Outbound Tourism News
China opens up outbound tourism market
Authorities in Beijing have granted licences to three foreign companies to organize tours for outbound Chinese tourists. TUI becomes the first European tour operator, along with CITS American Express Travel Services for the US and JTB New Century International Tours for Japan. The move is seen as key to opening up the country’s lucrative outbound market.
WTTC Summit 2011: China will be world’s largest tourism economy within five years
China has the potential to become the world’s largest tourism nation within the next five years. The republic’s tourism revenue was the third biggest in the world, and the tourism economy has been elevation to the level of a national development strategy by the government, according to Zhu Shanzhong, Director General of the Chinese National Tourism Administration.
WTTC Summit 2011 – maximising opportunities in BRIC economies
Tapping into the potential of the BRIC economies was one of the key discussion points of Summit Day One of the WTTC Global Travel & Tourism Summit in Las Vegas. China, India and Brazil are fuelling an explosion in international tourism, delivering rich rewards for countries that are prepared, but trouble for those that aren’t.
China overtakes Spain to become world’s third largest tourism destination
China has overtaken Spain to become the world’s third largest tourist destination, according to new figures released by the United Nations World Tourism Organization. In 2010, China enjoyed a 9.4 percent increase in arrivals to 55.7 million. Meanwhile Spain, which is still recovered from the financial crisis, experienced a 1 percent increase to 52.2 million.
China luxury hospitality spotlight
Exciting things are happening in China’s luxury hospitality market with a raft of new openings scheduled for this year. Here Breaking Travel News calls in to take a look.
China plans 45 new airports over next five years
Authorities in Beijing have unveiled plans for a mega aviation infrastructure construction spree that includes 45 new airports over the next five years. Industry regulator, the Civil Aviation Administration, said the new investments would take China’s total number of airports to 220. However concerns have been raised about overcapacity, given that most of the country’s existing airports are currently loss-making.
Japanese tourism hit as China issues travel warning
China has issued a travel warning for Japan after a group of Chinese tourists were attacked on a trip to the port of Fukuoka in the wake of a bitter territorial dispute between the two countries.
Sultan of Brunei eyes Club Med take-over
The Sultan of Brunei’s sovereign wealth fund, BMB Group, has denied speculation that it is expected to make an offer for holiday village specialist Club Med this week.
Sheraton Jinan Hotel Opens
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the recent opening of its 50th hotel in China – the Sheraton Jinan Hotel. The opening reinforces Starwood’s leadership position in China where it has signed 18 new deals in the past 10 months and remains on track with plans to double its presence by 2012.
China leads Starwood Preferred Guest® program’s global growth
China has become the richest source of new, loyal travelers for Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT), according to an analysis on the enrollment and travel trends of Starwood Preferred Guest (SPG) members. The results underscore previous reports by the World Tourism Organization that forecast China as the world’s largest market for inbound and domestic tourism by 2015.
COTTM speeds into 5th gear
China Outbound Travel & Tourism Market (COTTM), China’s only business to business event dedicated to the China outbound travel and tourism industry, is entering its 5th year in 2009 and is set to be one of the biggest events yet.COTTM 2009 takes place on 22-24 April in Beijing, at the China World Trade Centre and is gearing up for a highly successful event. COTTM is supported by a wide range of trade associations such as the National Tour Association, the Pacific Asia Travel Association and the European Tour Operators Association, as well as numerous Chinese and international media partners.