Chinese tourists to spend US$283 billion
Market Trends

Chinese tourists to spend US$283 billion

Θεόδωρος Τσιούμης

Chinese tourists to spend US$283 billion

Buy2Greece.com-

As wealth levels rise in China, more Chinese globetrotters are venturing out.1 

In 2013, 1 billion Chinese travelled internationally,2 and the World Tourism Council predicts Chinese travellers will spend $283 billion overseas by 2024.1

Here’s a topline overview of Chinese tourism trends around the world: 

USMore than 1.8 million Chinese tourists travelled to the US in 2013.3 News headlines recently reported what’s deemed as the largest Chinese tour group – over 6,000 passengers landed in Los Angeles, arriving on 70 flights in total.4 

FRANCEAround 1.4 million Chinese visited France last year.6 Some of these travellers must have had wine investment on their minds, given that Chinese-owned Bordeaux vineyards leapt from 3 to 83 in 5 years.7

AUSTRALIADown under, a record 748,200 Chinese tourists visited Australia between February 2013 – 2014.5 Australia’s quality education opportunities are a major drawcard, as are the country’s beautiful natural bounty. “Just being outdoors with blue sky is crucially important to Chinese tourists,” says Don Morries from Tourism Thinktank consultancy.

SOUTH AFRICAWith its alluring safari experience and diamond shopping, South Africa is another up-and-coming hotspot. The country received 154,000 Chinese visitors in 2013 – showcasing an average growth of 46% per year in the last 5 years.8

Given the Chinese’ penchant for property hunting while travelling, real estate agents better sit up and take notice of this growing trend!

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