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Domestic Market to Emerge as the Frontrunner in Chinese Tourism Industry

Oct 03, 2009

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A new research report released by RNCOS helps to identify the economic importance of the various sub-segments of the tourism industry in China. It evaluates the performance of the inbound, outbound and domestic tourism market, based upon the revenue generated and the number of international and domestic travelers.

According to our research report "China Tourism Industry Forecast to 2012", the tourism industry in China has witnessed healthy growth, both in terms of revenue generated as well as the international and domestic tourist movement. Our research has found that outbound tourist departure has been growing around 12% and foreign tourist arrival at 9%-10% in the recent years. The tourism market has been driven by various factors like economic liberalization, currency fluctuation, government support and favorable policy framework.

The research study has identified changes in the Chinese tourism industry patterns along with the impact of recent economic crisis on the future outlook of the industry. We have focused equally on the qualitative and the quantitative aspect of the research. It has been ensured that this study presents the actual information on the industry without having any prejudiced projections of the future performance of the industry.

The report also covers the emerging trends for tourism industry like medical tourism, MICE tourism, online travel services and liberal view of the government on Approved Destination Status (ADS) scheme. For Chinese outbound travel market, ADS scheme is more important than any other parameters and it forms the desired platform for expansion of outbound travel services.

This report provides extensive research and rational analysis on the tourism industry of the China. It provides segment-wise analysis of the Chinese tourism industry. Our research findings will definitely help consultants, industry analysts and vendors to get in-depth knowledge on the current, past and future performance of the industry.

The forecast given in the report is based upon the correlation between past market trends, statistical analysis and industry drivers and gives a direction to clients in which the industry is likely to move. It will also help client in identifying the opportunities to tap in the Chinese tourism industry.

For more information visit: http://www.rncos.com/Report/IM220.htm


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