2009-03-02 ::
Roy Graff //
ChinaContact press release
China outbound tourism and the world economic crisis
China outbound tourism and the world economic crisis
An outbound tourism perspective on the global recession.
Is the economic crisis hitting China’s outbound tourism market? It would seem not, from casual observation. There is no sense of panic among agents I have spoken to. While tourism to China has slowed down dramatically with hotels in the luxury end reporting 30% capacity or worse, outbound travel has been boosted recently with travel to Taiwan relaxed further to allow more Chinese to go there.
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