Connect with us

Travel

Bangkok top destination for Chinese

Avatar

Published

on

BANGKOK, 24 June 2016: Bangkok, Phuket and Pattaya  rank among the top 10 destinations for Chinese tourists this year in Asia Pacific, according to MasterCard Asia Pacific Destinations Index 2016.

According to the index, released earlier this week, China will continue to contribute the largest share of tourists to Asia Pacific in 2016.

It estimates that 50.4 million tourists from China will visit destinations across Asia Pacific this year, making up 15.7% of all international overnight arrivals in the region, it said.

^This year, Chinese travellers are also expected to spend USD45.3 billion in Asia Pacific destinations, up 18.2%.

China was the sixth biggest contributor of tourists to Asia Pacific in 2009 (5.8% share of the total Asia Pacific international overnight arrivals). It has been the top supplier since 2012, when it had a 9.8% market share. It has retained that position since with a 15.7% share driven by 25.9% compounded average annual growth rate from 2009 to 2016.

MasterCard’s Global Products & Solutions, Asia Pacific executive vice president, Matthew Driver, said the mix of tourists in key Asia Pacific destination has changed significantly reflecting the economic rise of China and other emerging Asian economies.

“The impact of the economic transformation of China and specifically the rise in disposable incomes is the biggest driver of tourism growth globally.”

This growth is very positive for the Asia Pacific tourism industry and there remains a huge opportunity for industry players to tap into it and benefit from it, he added.

This year, Bangkok will…

Source link

Comments

Tourism

Wish you were here: how the pandemic harmed tourism-dependent economies

Before COVID-19, travel and tourism had become one of the most important sectors in the world economy, accounting for 10 percent of global GDP and more than 320 million jobs worldwide.

Avatar

Published

on

In 1950, at the dawn of the jet age, just 25 million people took foreign trips. By 2019, that number had reached 1.5 billion, and the travel and tourism sector had grown to almost too-big-to-fail proportions for many economies.

(more…)
Continue Reading

Tourism

Thais encouraged to travel more to help stimulate economy

The Thai government has launched many stimulus campaigns to revive the domestic economy, particularly in the heavily-hit tourism industry.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – With more public holidays coming up in November and December, the government is encouraging people to travel to different parts of the country and use the government’s spending stimulus measures.

(more…)
Continue Reading

Travel

Foreign embassies in Thailand issue travel alerts

Several foreign embassies in Thailand have issued alerts to inform their citizens of political gatherings this weekend, including the U.S, United Kingdom, Canada and New Zealand.

Olivier Languepin

Published

on

Foreign embassies in Thailand issue travel alerts

Several foreign embassies in Thailand have issued alerts to inform their citizens of political gatherings this weekend.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,625 other subscribers

Trending