Published on : Wednesday, July 19, 2017
The Chinese International Travel Monitor of the online accommodation booking website mentioned that this trend is all braced to continue in the following 12 months. Ms. Jessica Chuang who is the regional marketing director, Greater China, South-east Asia and Hotel, Hotels.com said that the rising middle-class and their great disposable income are some of the major contributors to the increasing tourist arrivals in the country as well as its thriving regional economy.
Since the visa regulations for Chinese nationals have been relaxed since the year 2015, the visitor arrivals from China have surged, as per the version of Hotels.com.
Tourists from China rose by 13.7% in the initial quarter of the year surpassing Indonesia as the fastest growing market for tourist arrivals to this country.
This study represents an annual research commissioned by Hotels.com and was conducted with Chinese tourists aged between 18 and 57 years who had travelled overseas in the last 12 months.
The study fuses data from over 3,000 Chinese international tourists and more than 3,800 Hotels.com accommodation partners globally with the own data of Hotels.com and other third-party research. This research also shows that Chinese tourists are expected to spend an average of seven days every visit, with an approximate expenditure of US$446 per day.
Overall, they spend an overwhelming 28% of their income on average international travel.
And, millennials are the largest spenders. They are believed to allocate about 35% of their income to travel.
Of late though there have been certain concerns over the slowdown of the Chinese economy, the latest survey discovered that spending on travel rose across all age groups. And, it also found that Chinese tourists spend an average US$3,623 in the last 12 months marking an increase of about 4% as compared to the previous year.
Chinese tourists have raised their spending on sightseeing, dining and the remaining on relaxation activities.
On the other hand, their interest in shopping halved from 68% in 2016 to merely 33% this year, as per this report. The reputation of Singapore as one of the safest cities is one of the major reasons why Chinese travellers are opting for Singapore as a favorite vacation destination for the Chinese travellers as per the version of Hotels.com.
Tourism is one of the most productive sectors of the service sectors of Singapore contributing 4% of the gross domestic product of the country.
The Singapore Tourism Board mentioned that the initial three months of the year witnessed a 4% growth in tourist arrivals. The tourist arrivals were about 1.478 million, up from 1.4 million in the same period last year.