China’s international tourists spend around $161 billion a year on travel, and as this number grows, so an increasing number of economies worldwide will remain eager to capture their share.
On average, Chinese travelers stay at the outbound listings of Airbnb for three days.
Airline and Hospitality Solutions revenue increased 1.2% to $269.7 million. Travel Network global bookings increased 3.7%, driven by 12.5% growth in Asia-Pacific.
China became the largest source of tourists for Singapore in 2017 for the first time, and retained its top spot as the biggest tourist spenders here for the third year running.
Tokyo has overtaken Bangkok as the number one Chinese New Year destination for Asian travelers in 2018, a title held by Bangkok for the last two years.
Hotel chains are making some inroads because hotel loyalty rates – whereby loyalty members get unique discounts for booking direct – are paying off after all.
The Chinese have barely started — only around 5 percent of them even have passports, and the government is issuing about 10 million new travel documents every year.
Most hotels and shopping malls in Dubai are ready to juice up their activities during the upcoming Spring Festival, or the Chinese Lunar New Year.
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