China Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

China Destination Tourism Market Overview

The total number of international arrivals in China amounted to 3.7 million in 2022. Domestic travel dominates China’s tourist income. Furthermore, the tremendous economic expansion over the last 40 years has encouraged the development of inbound tourism through quick and much-needed improvements in infrastructure.

Tourism has undeniably emerged as a pivotal contributor to the Chinese economy, assuming a position as the nation’s foremost service export. Infrastructure has played a very important role in tourism development. Megastructures such as the high-speed rail connection and several international airports have connected cities on a national and worldwide scale. Various international hotel and resort companies like Hilton, Accor, etc. are undertaking new and large-scale investments in China.

The China Destination Tourism Trends Insight report provides an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case, China.

Total International Arrivals (2022) 3.7 million
Key Trends ·        Inbound Tourism

·        Tourist Spending

Key Tourism Types ·        Mass Tourism

·        Business Travel

Key Destination Attractions ·        Great Wall of China

·        The Bund

·        Forbidden City

·        The Terracotta Army, Xi’an

·        Zhangjiajie National Forest Park

·        Leshan Giant Buddha

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Buy the Full Report for More Insights on China Destination Tourism Forecasts, Download a Free Sample Report

China Destination Tourism Market Trends

The key trends influencing the China destination tourism market are inbound tourism trends and tourist spending trends.

Inbound Tourism – China’s tourism sector has experienced a significant shift in recent years, with an increasing number of couples taking the lead. Though group travelers had always been the dominant force, post-2019, couple travelers have emerged as the dominant force, constituting a third of all inbound visitors to the country. In addition, China boasts a considerable range of budget-friendly accommodations as well as luxury stays, rendering it an enticing destination for travelers both on a budget and who want to splurge. China is also extremely infrastructurally advanced with the world’s largest bullet train network. This makes China an ideal destination for people who want to see more of the country in a single tour and can cover more of the country without having to spend too much.

Tourist Spending – The total inbound expenditure in China for 2022 is one of the highest in Asia Pacific. The large size of China contributes to transportation being the highest expense segment. This is due to many international tourists using flights to get into the country, which can be expensive, especially during peak seasons such as summertime. In addition, there has been large-scale investment in airports, as well as high-speed railways, making the country more accessible.  Fuel prices were far more volatile throughout 2022 than they were in the past years; this could also explain the increase in transportation costs.

Buy the Full Report for More Insights on China Destination Tourism Trends, Download a Free Sample Report

China Destination Tourism Types

Some of the most common destination tourism types include sun and beach, visiting friends or family, city break, cultural, adventure/sport, gastronomical, multi-stop trip, cruise, religious, wedding related and wellness/medical among others. The sun and beach holidays are the most preferred holiday type as China is a prime spot for sun and beach vacations. This in turn makes it an ideal vacation spot for travelers seeking multi-stop trips.

China is also a popular destination for VFR flights. With an increasing immigrant population, it allows an opportunity for visitors to connect with their friends and relatives while also exploring the country. China sets itself apart from numerous other destinations by presenting a unique and captivating selling point. Due to its expansive size, and well-connected infrastructure, the country has garnered significant popularity among multi-stop vacationers who are in search of a diverse range of experiences.

China Destination Tourism Market Analysis by Tourism Types

China Destination Tourism Market Analysis by Tourism Types

Buy the Full Report for More Insights on the China Destination Tourism Types, Download a Free Sample Report

China Destination Attractions

Some of the top destination attractions in China are:

  • Great Wall of China
  • The Bund
  • Forbidden City
  • The Terracotta Army, Xi’an
  • Zhangjiajie National Forest Park
  • Leshan Giant Buddha

Great Wall of China: China’s most famous landmark and one of the seven wonders of the world, is an iconic symbol of ancient defensive architecture. It stretches 6000 km from Shanhaiguan in the east to Jiayuguan in the west passing through Hebei, Beijing, and Tientsin. The Mutianyu section is easier to climb and suitable for even elderlies and children. [25]

Buy the Full Report for More Insights on China Destination Tourism Attractions, Download a Free Sample Report

Scope

This report is part of GlobalData’s Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case, China.

Key Highlights

  • Domestic travel dominates China’s tourist income. Inbound tourism increased between 2009 and 2019 (i.e., pre-pandemic). China is seen as a growing destination market hub that is anticipated to many tourists by 2027.
  • According to the analysis conducted by GlobalData, it is projected that group travel will experience significant growth from the year 2022 to 2027. Couples’ travel is projected to experience a significant growth rate, ranking second-highest among all four sections.
  • In 2019 as well as 2022, Hong Kong was the top source market for China. On average, travelers from Hong Kong are one of the highest spenders in terms of average spend per day on an international trip, ranking in the top 10 globally according to GlobalData’s Traveler Spending Patterns database.
  • The resurgence of inbound business travel is anticipated, with growth numbers being visible as soon as 2023. It is forecasted to reach the pre-pandemic level by 2024 itself, once again making it the largest contributor of all inbound tourists to China.

Reasons to Buy

  • Obtain a clear and detailed insight into new developments in two popular tourist destinations.
  • Use data and analysis to explore trends related to international arrivals and spending, tourism segments as well as construction, foreign direct investments (FDI), airlines, and hotel developments.
  • Gain a better understanding of the opportunities in the market, as well as the risks, to support better business decisions.

Accor Hotels
Banyan Tree Group
Dusit International
Wyndham Group
Atlantis Resorts

Table of Contents

Overview

Key Trends

Tourism Construction Projects

Foreign Direct Investment

COVID-19 Impact

Growth Source Markets

Types of Tourism

Destination Focus

Regional Risk Index & SWOT Analysis

Appendix

Frequently asked questions

China Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update standard reports
Currency USD
$1,495

Can be used by individual purchaser only

$2,990

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

China Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at China Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update in real time.

  • Access a live China Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.