4Hoteliers
SEARCH
ITB 2024 Special Reporting
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
China's tourism revenue close to $170B in 2008.
Saturday, 7th February 2009
Source : HVS International
The figures revealed that domestic tourism is still sustainable while inbound tourism has declined amid the global economic downturn.

According to China National Tourism Administration (CNTA), China recorded a total tourism revenue of approximately over US$169 billion in 2008, a 5.8% year-on-year increase.

This tourism revenue includes US$127.9 billion generated from domestic travellers and US$41.6 billion from international travellers, compared to US$113.6 billion and US$45.8 billion, respectively, in 2007.

In 2008, China welcomed approximately 130 million inbound travellers, including those from Hong Kong, Macau and Taiwan, a 1.4% drop compared to 2007.

Despite the global economic crisis, China's outbound tourism improved to 45.8 million outbound tours in 2008, an 11.9% increase compared to 2007, due mainly to the yuan appreciation of the Chinese yuan which increased Chinese citizens' purchasing power.

www.hvs.com
 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy