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China Outbound Tourism Research Institute


   Prof. Dr. Wolfgang Georg Arlt
   COTRI China Outbound Tourism Research Institute



  China’s Outbound tourism in 2009 -
         Remedy or Casualty?




Chinese Inbound Tourism to Europe
ITB Berlin 2009
March 13th                                                    Powered by
China Outbound Tourism Research Institute

China in 2008: A turbulent year!

Tibet
Torch
Sichuan Earthquake
Olympic Games
Chinese Stock & Real estate crash
World Economic Crisis


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China Outbound Tourism Research Institute


Shanghai Composite Index as compared to Dow Jones Index
(March 6th 2007 – March 6th 2009)




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China Outbound Tourism Research Institute


                   China’s Outbound Tourism 2008
Outbound 2008:
46 million trips

90% inside Asia
10% outside Asia

2007: 41 million

Estimate 2009:
50 million




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China Outbound Tourism Research Institute

Chinese Outbound Tourism as part of Global Tourism 2008:

  App. 930 million international travellers

  East Asia's share in spending: > 16% of global total

  China's share: app. 5% in number of travelers and in total spending

  China since 2004 Asia's biggest tourism source market
   (including trips to Hong Kong and Macao)

  China from 2009 probably Asia's biggest tourism source market
   (excluding trips to Hong Kong and Macao)

  But: Spending on international tourism per person in China
   still below 30 US$/year! (World average 100 US$)



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Long-term problems of China’s Outbound Tourism still not resolved:

VISA

INVITATION LETTERS

ZERO-DOLLAR TOURS

NO BRANDS FOR QUALITY TRAVEL

NO COMPREHENSIVE LEGISLATION




                                                                Powered by
China Outbound Tourism Research Institute



But:

Example Boycott of Galeries Lafayette, Paris


February 2008: Counterfeit Money Incident

April 2008: Torch Incident in Paris

September 2008: Normal business with Chinese tourists



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China Outbound Tourism Research Institute


China’s Outbound tourism in 2009:
Remedy in turbulent times
  The World Economic Crisis is challenging many
   conventional wisdoms

  Destinations are seriously looking for new customers

  Now is the time to attract the top-end of the Chinese
   market with customized products



                                                        Powered by
China Outbound Tourism Research Institute



China’s Outbound tourism in 2009
Remedy in turbulent times
  Rich people stay rich (enough) in China

  Quality products can earn money

  Status factor “International Traveler” intact

  New opportunities for USA and its neighbours

  New opportunities for “smaller” destinations
                                                         Powered by
China Outbound Tourism Research Institute

The Big Picture
Of 531 executives and managers living in and outside China, 22% of
respondents think that in 2020 China will be the world leader, 33% think that
China will be the origin of the world’s top brands, and 15% think that China
will become the world’s innovator. Total: 70% (IMD 2008)




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China Outbound Tourism Research Institute

Conclusion
 
   China is the economy ranked as the least risky
     among all emerging markets (The Economist 2/2009)

 
   With growing Chinese investment overseas,
     Chinese MICE tourism is growing as well

 
   Chinese outbound tourism is here to stay

 
   Quality, Chinese version, is the key


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China Outbound Tourism Research Institute




Thank you
for your
attention!




          www.china-outbound.com                 Powered by
China Outbound Tourism Research Institute


Contact information 




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China’s outbound tourism in 2009 remedy or casualty

  • 1. China Outbound Tourism Research Institute Prof. Dr. Wolfgang Georg Arlt COTRI China Outbound Tourism Research Institute China’s Outbound tourism in 2009 - Remedy or Casualty? Chinese Inbound Tourism to Europe ITB Berlin 2009 March 13th Powered by
  • 2. China Outbound Tourism Research Institute China in 2008: A turbulent year! Tibet Torch Sichuan Earthquake Olympic Games Chinese Stock & Real estate crash World Economic Crisis Powered by
  • 3. China Outbound Tourism Research Institute Shanghai Composite Index as compared to Dow Jones Index (March 6th 2007 – March 6th 2009) Powered by
  • 4. China Outbound Tourism Research Institute China’s Outbound Tourism 2008 Outbound 2008: 46 million trips 90% inside Asia 10% outside Asia 2007: 41 million Estimate 2009: 50 million Powered by
  • 5. China Outbound Tourism Research Institute Chinese Outbound Tourism as part of Global Tourism 2008:   App. 930 million international travellers   East Asia's share in spending: > 16% of global total   China's share: app. 5% in number of travelers and in total spending   China since 2004 Asia's biggest tourism source market (including trips to Hong Kong and Macao)   China from 2009 probably Asia's biggest tourism source market (excluding trips to Hong Kong and Macao)   But: Spending on international tourism per person in China still below 30 US$/year! (World average 100 US$) Powered by
  • 6. China Outbound Tourism Research Institute Long-term problems of China’s Outbound Tourism still not resolved: VISA INVITATION LETTERS ZERO-DOLLAR TOURS NO BRANDS FOR QUALITY TRAVEL NO COMPREHENSIVE LEGISLATION Powered by
  • 7. China Outbound Tourism Research Institute But: Example Boycott of Galeries Lafayette, Paris February 2008: Counterfeit Money Incident April 2008: Torch Incident in Paris September 2008: Normal business with Chinese tourists Powered by
  • 8. China Outbound Tourism Research Institute China’s Outbound tourism in 2009: Remedy in turbulent times   The World Economic Crisis is challenging many conventional wisdoms   Destinations are seriously looking for new customers   Now is the time to attract the top-end of the Chinese market with customized products Powered by
  • 9. China Outbound Tourism Research Institute China’s Outbound tourism in 2009 Remedy in turbulent times   Rich people stay rich (enough) in China   Quality products can earn money   Status factor “International Traveler” intact   New opportunities for USA and its neighbours   New opportunities for “smaller” destinations Powered by
  • 10. China Outbound Tourism Research Institute The Big Picture Of 531 executives and managers living in and outside China, 22% of respondents think that in 2020 China will be the world leader, 33% think that China will be the origin of the world’s top brands, and 15% think that China will become the world’s innovator. Total: 70% (IMD 2008) Powered by
  • 11. China Outbound Tourism Research Institute Conclusion   China is the economy ranked as the least risky among all emerging markets (The Economist 2/2009)   With growing Chinese investment overseas, Chinese MICE tourism is growing as well   Chinese outbound tourism is here to stay   Quality, Chinese version, is the key Powered by
  • 12. China Outbound Tourism Research Institute Thank you for your attention! www.china-outbound.com Powered by
  • 13. China Outbound Tourism Research Institute Contact information  Powered by