Do Your Hotel's Staff Speak Chinese?

The Chinese are in third place in terms of expenditure on travel, just behind the United States and Germany. By 2015 they will be in second place.

Tuesday, November 8, 2011

According to the latest Global Trends Report, spending on accommodation by Chinese tourists in 2011 will amount to around $57 billion, ranking them third behind the Americans and Germans.

By 2015 the volume of expenditure is expected to increase by17%, to $67 billion.

According to an article on "The research, developed in collaboration with Euromonitor International, indicates that some global hotel chains are partnering with Chinese companies in order to gain a good position in the domestic Chinese market, while others are adapting their product to suit the tastes of Asian customers.

'The companies will use their experience in the Chinese domestic market to improve their activities abroad, in key destinations for Chinese tourists’, said the report"

Data from World Travel and Tourism ranks China as the third largest source of tourists in the world.

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"Francisco Chaverri, head of research and market analysis at Inguat said that the decline in foreign exchange should be analyzed, while Eladio Loriente, project manager at Araldi, the company that developed the survey along with Sigma-Multivex, said that it could be due to global economic problems, stemming from the crisis in Europe", reported

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