Chinese millennials are driving world travel growth
By
David
02 October 2017
Reasons why "China Welcome"-type programs are proliferating at tourism destinations around the world:
- There are around 400M millennials in China. They're projected to take almost 70% more international trips in 2020 vs. 2015.
- In 2015, Millennials accounted for about 60% of outbound trips from China.
- Average annual growth rate of outbound trips from China (8%) exceeds that of any other source market. (Annual rate of growth of trips from the USA is around 3%.)
Everybody needs to get geared up for this.
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- David
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