INVEST IN CHINA TRAVEL INDUSTRY THERE IS NO DOUBT OF GAINS
Chinese Demand For Long-Haul Travel - Growth Opportunity
Summary
Rising incomes have helped boost Chinese outbound tourism.
However, Chinese outbound tourism has largely been concentrated on short-haul trips.
As more Chinese households rise up the income ladder and gain international travel experience, there is a promising growth opportunity for long-haul travel by Chinese tourists.
Please take note this is only one aspect in weighing the attractiveness or non-attractiveness of the companies mentioned in the article as an investment and should not be used independent of other factors such as valuation which are not addressed.
China is the No.1 contributor to global outbound travel. Similar to Japan's outbound tourist boom in the 1980s, rising disposable incomes and an appreciating currency have served as contributors to the rapid growth of Chinese outbound tourism.
Source: Natixis
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