Research and Markets: China Tourism Industry Forecast to 2012

Wed Oct 28, 2009 8:07pm EDT
 
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DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/a59b02/china_tourism_indu) has
announced the addition of the "China Tourism Industry Forecast to 2012" report
to their offering. 

With the improving purchasing power, rapid economic liberalization and
favourable government policies, tourism has emerged as a new growth avenue for
the Chinese economy over the recent few years. These developments and reforms
have taken the tourism industry to new heights and introduced multistage
transformations that attracted tourists not only from within the country but
from overseas countries as well. The growth process can be segregated into
different phases where the initial phase belonged to the emergence of inbound
travel market and moved ahead to the development of domestic and outbound travel
market. 

Our new research report "China Tourism Industry Forecast to 2012" has found that
domestic and outbound tourism segments have witnessed positive growth despite
economic slowdown and changing industry landscape. These two segments are the
most lucrative segments of tourism industry. At present, China has the world
largest domestic tourism market considering the fact that more than 1.7 Billion
domestic travellers generated total revenue of over US$ 100 Billion in 2008. The
outbound travel market has also been undergoing phenomenal transformation, with
close to 45 Million traveller generated revenue of more than US$ 35 Billion in
the same year (2008). 

We anticipate marginal effect of 2008 financial crisis on the Chinese tourism
industry as compared to other tourist destinations across the globe. The impact
of recession has fallen on the inbound tourism market but it will be able to
gain its lost momentum from 2010 onwards. Domestic and outbound tourism markets
will maintain their growth rate and contribute more than 50% of the tourism
industry revenue and visitors movement. 

The report incorporates an extensive research and rational analysis of the
tourism industry in China. It provides segment level analysis of the industry
along with future trends that may shape up with the betterment of economic
conditions. The research will help consultants, industry analysts and vendors to
get in-depth knowledge of the current, past and future performance of the
industry. The future outlook mentioned in the report has been derived by
interacting with various industry veterans, experts, analyzing information from
research papers, journals and our in-house developed models. 

Key Topics Covered:

* 1. Analyst View 
* 2. Industry Overview 
* 3. Market Drivers 
* 4. Industry Outlook to 2012 
* 5. Hotel Industry 
* 6. Emerging Trends 
* 7. Competitive Landscape 
* List of Tables 
* List of Figures

Companies Mentioned:

* Beijing Capital Tourism Co., Ltd. 
* China Travel International Investment Hong Kong Ltd. 
* Ctrip.com International 
* China United Travel Co., Ltd. 
* Guilin Tourism Corporation Ltd. 
* Shanghai Jin Jiang International Hotels (Group) Co. Ltd.

For more information visit
http://www.researchandmarkets.com/research/a59b02/china_tourism_indu

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009

 

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