Travel Destination China – LONDON (AP) — China is set to overtake France as the world’s top tourist destination by 2030 as a growing middle class in Asia wants to spend more on travel, according to experts at market research group Euromonitor International.
In a report released Tuesday at an industry conference in London, Euromonitor said it expects there will be 1.4 billion trips made in 2018, up 5 percent from last year. Stronger growth in many major economies means industry revenues will increase by an estimated 11 percent.
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By 2030, international arrivals are expected to have increased by another billion dollars, corresponding to approximately $2.6 trillion in receipts. By then, China is expected to have overtaken France to become the world’s number one destination.
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Much of the ongoing travel and tourism boom, which has outpaced growth in the global economy for eight years, is centered in the Asia-Pacific region, where travel is expected to increase by 10 percent this year. The region has benefited from a rapidly growing economy and an expanding middle class looking to spend disposable income on leisure.
Euromonitor travel analyst Wouter Geerts said the gradual process of loosening visa restrictions has eased travel in the region, with 80 percent of arrivals in Asia coming from the region. He also said that sporting events are likely to further strengthen the region, with Tokyo hosting the 2020 Summer Olympics and Beijing hosting the 2022 Winter Games.
“Tourism is an important pillar of the Chinese economy, and many investments have been made to improve infrastructure and standards, in addition to tourism-friendly policies and initiatives,” he said.
And 2018 is getting closer and closer to the finish line, and as we run out of vacation days, next to the gym, what are your big plans for 2019? Buzz60’s Maria Mercedes Galuppo has more.
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Other bright spots in the forecast are countries such as Egypt, Tunisia and Turkey, which have seen sharp falls in tourist numbers in recent years due to security concerns.
Egypt in particular appears to be doing well, after a period of decline largely linked to political upheaval since a popular uprising in 2011 and the downing of a Russian passenger jet over Egypt’s Sinai Peninsula in 2015 by an affiliate of the Islamic State group. killed 224 people.
Although Egypt’s bookings in 2017-18 were up 134 percent in 2017-18 from the previous year, according to Euromonitor, the sector is still short of where it was in 2010. Egyptian government figures show that 8 million tourists were visited the country last year, much less than the 14 million recorded in 2010.
Europe also appears strong and growing despite economic and political turmoil in some countries and a series of extremist attacks in recent years.
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A source of uncertainty for the outlook centers on Brexit. A ‘no deal’ Brexit, which would see Britain leave the EU in March, would see millions opting to stay at home – an estimated 5 billion by 2022 – instead of holidaying overseas , the report says. This would have a ripple effect across many destinations, particularly in Spain, where UK travelers account for around a fifth of tourism revenue.
Euromonitor also warned that the US tourism industry could take a hit if trade tensions between the US and China increase. China has one of the oldest civilizations in the world, dating back more than 6,000 years, but the country is modernizing rapidly and gaining power on the world economic and political stage, and is now only nominally communist. It is also the most populous country in the world, with more than 1.3 billion people – about 1/5 of the Earth’s population – and more than 100 different ethnic groups, including Manchus, Mongols, Tibetans, Uighurs, Tatars, Bais, and the Dong and Lisu tribal people. The contrast between the glittering cities of Shanghai and Beijing and the remote villages of Yunnan and Tibet is almost unimaginable. Today’s designer-wearing urban professionals bear little resemblance to their ancestors, who supposedly grew up in the remote farming villages where the majority of Chinese citizens live today. It is a country so massive that each trip can only show a piece of the country and its rich and heterogeneous culture.
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Get a real feel for China on this 10-day luxury tour that takes you through Beijing, Xian, Chengdu and Shanghai. Stay in some of the country’s most prestigious hotels while taking in key sights, from the Temple of Heaven, the Great Wall of China, the Terracotta Warriors, Yu Gardens, and more.
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Tour one of the world’s great sights, the Great Wall of China, as you embark on this 8-day luxury train tour through Beijing and Lhasa. It’s a step back in time with ancient sites and breathtaking natural features, and an exciting journey on the world’s highest railway journey in the Tibetan Plateau.
Travel through China’s most picturesque scenery on this exciting 13-day luxury tour. You will travel to the stunning Yellow Mountain and Jiuzhaigou National Park, travel Tibetan villages in the Zharu Valley, and play with pandas in Chengdu, while staying at luxury hotels such as Amanfayun or Banyan Tree.
Travel along China’s ancient trade routes, winding from Shanghai, to Xian, Dunhuang, Urumqi and Kashgar. You’ll stay in hotels fit for aristocrats while learning about what life was like for merchants in places like the Bund, Terracotta Warriors, City of Sands, White Horse Pagoda, Grand Bazaar, and more.
Immerse yourself in the different faces of China in this exciting tour of the cities and slopes. Divide your time in this beautiful country between the bustling metropolis of downtown Beijing and the quiet winter wonderland offered by the area’s best ski resorts.
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Travel to the remote, beautiful corner of Northwest China on this colorful tour that takes you from Beijing to the unexplored Zhangye Danxia and Jiayuguan. Your camera will be challenged to capture the epic beauty of real life in places like Jiayuguan Fortress, the Danxia lifestyle, Bingguo Rock area, and more.
Step back into China’s indelible past on this in-depth 4-day tour through Datong and Pingyao. This luxury tour will take you to ancient monasteries and UNESCO-listed sites, including the Yungang Grottoes, Shanhua Monastery and the Nine Dragon Screen, while staying at Jing’s luxury boutique residence.
Enjoy the culture, history, sights and sounds of Canton on this six-day exploration of southern China’s most stylish province. From the bright lights, art galleries and markets of Hong Kong, immerse yourself in beautiful Conghua, where golf, hot springs and historical artifacts await among stunning mountain scenery.
Meander in luxury on Asia’s longest river, the Yangtze, on this phenomenal 4-day boat trip that takes in some of China’s most beautiful scenery and fascinating cities, from Chongqing, past the Three Gorges Dam project, and on Xiling Gorge, they could. to sleep on your cruise ship at night.
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Embark on the most famous journey on earth in the world from Moscow to Beijing, on the road deep in the Siberian desert. Crossing three countries and two continents – collecting almost 3,500 miles, all while bunking down for the night in the train, waking up to a landscape that is constantly evolving every morning.
In just 12 days, experience Asia’s most influential art capitals in stunning style – stunning galleries, world-class collections and irresistible exhibits steeped in history. Join us for a unique adventure in five beautiful, classic Asian capitals, where ambitious travel meets celebrated art culture, and inspiration abounds.
Adventure seekers looking to go off the beaten path are in for a real treat with this two-week tour of Siberia, Western Mongolia and Northern China. Starting from Russia, you will venture into the Altai mountains – a range shared between Siberia, Mongolia, China and Kazakhstan.
Take an incredible 19-day luxury tour through Vietnam and China, seeing local life from villages to big cities as you stop in Hanoi, Halong Bay, Sapa, Yuanyang, Lijiang and Kunming. You drive a traditional Vietnamese junk, make friends in a Black Hmong village, and wander through the rocky forest.
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Immerse yourself in a wonderful vault of contemporary and historical artwork on this 10-day stay in China. From Beijing to Taipei, you will discover modern artistic views of one of society’s oldest cultures.
Explore the world’s most majestic peaks on this 22-day Himalayan adventure. You will travel through China, Nepal, Bhutan and India, staying in luxury hotels with introductions like the Amankora or Uma by COMO. You walk the Great Wall of China, visit the ancient Potala Palace, and look for Bengal Tigers in Chitwan.
Spend 11 days traveling in ultimate luxury as your private jet takes you over the mountaintops of China. Starting in Beijing, you’ll discover the lush Shangri-La Valley on the edge of the Tibetan Plateau, observe the colorful cliffs of Zhangye Danxia, and spend the night at luxury hotels such as Banyan Tree and Songstam.
This 12-day luxury private jet tour tracing China’s ancient Silk Road is sure to leave you spellbound as it takes you to historic and breathtaking destinations at your own pace. Jump from the terracotta warriors of Xian to the colorful cliffs of Zhangye Danxia while they sleep.