categories Outbound trends
A huge surge in jobs, the stake of tourism in nations’ GDP and the flow of people: these are the main topics emphasizing the momentum of the global travel industry, according to the last report from United Nations World Tourism Organization (UNWTO) titled “Tourism Highlights 2014.†The market share of emerging economies is expected to reach 57% by 2030, while arrivals of international travelers worldwide are expected to top 1.8 billion by the same year. Global earnings reached $1,159 billion worldwide in 2013, up from $1,078 billion in 2012.
CHINA’S SHARE IS THE MOST SIGNIFICANT BY FAR – Based on international tourism expenditure, Beijing already occupied first place in the ranking in 2012. This leadership was ramped up further in 2012, increasing spending by $27 billion to a record $129 billion. The expenditure gap between China and the second and third largest spenders – the United States and Germany – widened to over $42 billion. The two Western countries registered a growth limited at 3% and 2% respectively, with expenditure close to $86 billion each. Explanations for this gap are known: sustained rise of disposable income, fewer restrictions on foreign travel and, more remarkable, a (slow) appreciation in the value of the Remimbi. Chinese tourism spending abroad has increased almost tenfold in the 13 years since 2000, when it ranked only 7th, as UNWTO pointed out.
RUSSIA HASTENS THE PACE, BUT GROWTH IS GLOBAL - Among the top ten competitors, Moscow is the second fastest growing market after China, doubling its expenditure since 2010. Russia climbed one place in 2013 to become the fourth largest outbound market, following a 25% increase to $54 billion. The United Kingdom, with an expenditure of $53 billion (+4%), fell one position to 5th. France (+5%), Canada (+3%) and Australia (+9%) defended the positions number 6, 7 and 8, with an expenditure of $42 billion, $35 billion and $28 billion respectively. Italy moved up one place to 9th with an expenditure of $27 billion. South America crops up on the chart, too, with Brazil entering in 10th place by spending $25 billion, up 13%. Other markets beyond the top 10 that demonstrated significant expansion were Qatar, Norway, Taiwan and Kuwait. Even Ukraine and Turkey, touched by social troubles in recent times, scored well.
We at the Candlewood Suites Calgary Airport North, closely located to the Calgary airport YYC, have been certified by the China Tourism Academy as having reached the JADE STANDARD of "Welcome Chinese" Certification. As such we greet each guest with a special Welcome envelope with Chinese information on our extended stay hotel. Guests receive slippers, tea, and have access to kettles and rice cookers at no charge. Some items are available in our little convenience store called The Cupboard, and there is a Chinese Super Market about 2 kilometers away which has a full selection of food items, commonly found in China, including live fish. Also at the same shopping area, an authentic Chinese Restaurant called The T. Pot , China Bistro From our location we have easy access to main highways to take you to Banff National Park, or the Royal Tyrrell Museum, an excellent Dinosaur museum. Candlewood Suites is an excellent location with cooking facilities which provides a great home base as you travel to various attractions in the area.
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We at the Candlewood Suites Calgary Airport North, closely located to the Calgary airport YYC, have been certified by the China Tourism Academy as having reached the JADE STANDARD of "Welcome Chinese" Certification. As such we greet each guest with a special Welcome envelope with Chinese information on our extended stay hotel. Guests receive slippers, tea, and have access to kettles and rice cookers at no charge. Some items are available in our little convenience store called The Cupboard, and there is a Chinese Super Market about 2 kilometers away which has a full selection of food items, commonly found in China, including live fish. Also at the same shopping area, an authentic Chinese Restaurant called The T. Pot , China Bistro From our location we have easy access to main highways to take you to Banff National Park, or the Royal Tyrrell Museum, an excellent Dinosaur museum. Candlewood Suites is an excellent location with cooking facilities which provides a great home base as you travel to various attractions in the area.