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China Tourism Report Q4 2017

China Tourism Report Q4 2017

BMI View:

Due to its massive population, China's tourism market is not overly reliant on the arrival offoreign tourists. Although international visitors will come to the country in increasing numbers in thecoming years, it is the rapidly rising domestic middle class that is fuelling expansion in China's tourismmarket. China's new tourism culture places a high value on luxury and the ability to display status and israpidly increasing the space for mid- and high-end tourism offerings in the country. Many internationalhospitality operators are establishing themselves in the country and investing huge sums, although in manycases they operate with local partners. Given the high ratio of domestic to international tourists, the marketis driven by Chinese tastes and international operators will struggle if they do not seek the help of anexperienced local partner. China is also one of the largest providers of international tourists to othermarkets and Chinese tourists are prized for their willingness to spend while travelling. As this trendcontinues, we will see increasing convergence of standards in quality and luxury between China and otherinternational destinations, which has already happened in China's major cities and is beginning to reachinto the second and third tier cities in the country's interior.

BMI Industry View
Table: Key Forecasts (China 2014-2021)
Industry Forecast
Table: Inbound Tourism (China 2014-2021)
Table: Tourism Receipts (China 2014-2021)
Table: Hotel Accommodation (China 2014-2021)
Table: Growth Of Outbound Tourism: Top Markets (000) 2017-2021
Table: Tourist Departures and Consumption (China 2014-2021)
Industry Risk/Reward Index
Asia Pacific Tourism Risk/Reward Index
Table: Asia Pacific Tourism Risk/Reward Index, Q4 2017
China Tourism Risk/Reward Index
Security Risks
Market Overview
Competitive Landscape
Domestic Hotel Groups
Table: Domestic Hotel Groups
International Hotel Groups
Table: International Hotel Groups
13th Five-Year Plan
13th Five-Year Plan: Key Points
Summary Of Contents
Chapter 1: Overview
Table: Targets
Chapter 2: Innovation To Drive Development
Chapter 3: Economic Institutions
Chapter 4: Modernisation Of The Agricultural Sector
Chapter 5: Industries
Chapter 6: Expand The Network Economy
Chapter 7: Build A Modern Infrastructure Network
Chapter 8: New-Type Urbanisation
Chapter 9: Coordination Of Regional Development
Chapter 10: Environmental Protection
Chapter 11: Continue Opening Up
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Weighting Of Indicators

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