ITB 2024 Special Reporting
Hey, Big Spenders.
The Wrap @ The Transit Cafe
Monday, 24th May 2010
They not only travel in great numbers but they also spend vast amounts, meet the new big spenders.

China overtook France to occupy fourth place last year in the ranking of the world's top spenders on international tourism, said Madrid-based United Nations World Tourism Organisation (UNWTO).

Chinese tourists splashed out US$43.7 billion (298 billion yuan) on their travels abroad in 2009 despite the economic downturn, propping up other economies by eating out, occupying hotel rooms, shopping and visiting attractions, it said in its latest bulletin.

That compares to US$36.2 billion in the previous year when China was the world's fifth largest source of tourism spending.

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