China Tourism Industry: New Opportunities for Growth (2007)

PRLog (Press Release) – Oct 07, 2006 – This report has been written to help clients in analyzing the opportunitiescritical to the growth of tourism market in China. Detailed data and analysiswill help the investors to comprehend the rapidly changing dynamics of theTourism industry.
Key Findings
§ China has one of the biggest inbound markets in Asia constituting almost 34 %of the region ’s total tourist arrivals.
§ Over the next decade, China will become the second largest travel and tourismindustry in the world, after the United States.
§ Much of the tourist growth in Asia will be driven by China, which accountsfor, by far, the highest number of visitor arrivals in the Asian regionconstituting almost 34 % of the region ’s total tourist arrival.
§ The China tourism sector would continue to receive renewed support withrelaxation of Govt. regulation following the WTO access.
§ Increased international connectivity and the setting up of top of the linehotel chains in China ahead OF Beijing Olympics in 2008 would be driving theindustry in the future.
Key Issues and Facts Analyzed
The research report also addresses the issues and facts that are critical to thesuccess of China tourism sector, such as:
§ What are the emerging trends in the Tourism sector in China?
§ What is the future Outlook of the Tourism market in China?
§ Who are the Key players in the Tourism Market in China?
§ What opportunities exist for the Tourism market?
§ What Challenges are faced by the industry?
§ How is the market affected by other factors prevailing in the economy?
Key Players Analyzed
This section provides the overview, key facts, and financial information of theprominent players in the Chinese Tourism market, like China National TourismAssociation, CTRIP International, China International Travel Services and chinaTibet Tourism Bureau.
Research Methodology used
Information Sources
Information has been sourced from namely, books, newspapers, trade journals, andwhite papers, industry portals, government agencies, trade associations,industry news and developments and through access to more than 3000 paiddatabases.
Analysis Methods
The analysis methods includes the following: Ratio Analysis, Historical TrendAnalysis, Linear Regression Analysis using software tools, JudgmentalForecasting and Cause and Effect Analysis.