China Outbound Tourism

Driven by a booming economy and increasing disposable incomes, mainland Chinese are looking more and more to travel abroad. In what markets do they make their mark, and how does one have to cater to them differently from other travelers? Even someone living outside Asia has likely realized that China is an economic force that will reshape the international status quo.

China is a manufacturing nation and an exporter on an impressive scale, backed by a population of 1.4 billion. The economic boom of the past decades has increased disposable incomes in China, and as in other countries with improved economies, people are looking for new ways to spend their wealth. After the basic material goods of housing and transportation, travel has become an increasingly important component of an individual’s self-realization and expression.

About HVS | HVS is the world’s leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.

We are client driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost-efficient manner. Through a worldwide network of 30 offices staffed by 400 seasoned industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry.

Source = hospitalitynet.org