Published on : Wednesday, July 19, 2017
Yesterday on July 18th, a report published by Hotels.com said that the Republic of Singapore is the top Asia Pacific holiday destination for Chinese travelers. As per the online accommodation booking website’s Chinese International Travel Monitor, this tendency will rise in the coming twelve months.
To quote Ms Jessica Chuang, regional marketing director, Greater China, South-east Asia and India, Hotels.com, “Given the rising Chinese middle-class, and their vast disposable income, countries cannot ignore the impact that Chinese tourists can have on a country’s economy.” Hotels.com explained that from 2015 onward, visa regulations for Chinese nationals were relaxed and as a result of which visitor influx into Singapore from China have increased.
The first quarter of 2017 witnessed Chinese visitor increase by 13.7 percent which entails overtaking Indonesia as the fastest growing market for tourist arrivals.
A research commissioned by Hotels.com was conducted with Chinese travelers falling in the age group of 18 to 57 years who have travelled abroad in the last 12 months.
It shows information from over 3,000 Chinese international visitors and over 3,800 Hotels.com accommodation partners worldwide with personal datas of Hotels.com and other third-party research.
It pinpoints the fact that Chinese tourists are anticipated to spend on an average of seven days per visit, with costs US$446 (S$610) per day.
In general, they expend on average an enormous 28 percent of their income on overseas travel, with millennials becoming the biggest spenders, distributing 35 percent of their income on travel.