China plays a major role in Latin American and Caribbean tourism

Published on : Friday, August 18, 2017

China plays a major roleLast year, Chinese visitors spent more dollars in America in comparison to the visitors from other countries. As per the figures released by the U.S. Commerce Department, more than 2.97 million Chinese visited the U.S. last year. They spent around $33 billion. These two figures show an upward trend of 15 and 9 percent respectively from 2015.

In terms of “exports”, China is also the number one market for U.S. tourism adding over $90 million to the U.S. economy every day.

By the end of 2017, it’s been expected that 3.5 million Chinese will visit the U.S. This would exceed 5 million by 2021. Latin American and Caribbean (LAC) governments and tourism authorities are trying hard to find ways to figure out the strategy to attract Chinese vacationers.

Majority of Caribbean tourism is island-based. All the best facilities are largely American or European owned. Visitors majorly sourced from North America (USA and Canada) and European states sharing deep historical connections.

Side by side, in Latin America, Spanish, Italian and other preferred countries also own major investment in tourism.

To note, North America and Europe have swiftly attuned national, regional and continental strategies and policies to draw more Chinese visitors.

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