COTTM 2014 - China Outbound Travel & Tourism Market 2014

China Outbound Travel & Tourism Market 2014

COTTM 2014

Organized by Tarsus Group Plc, a renowned media group specialising in exhibitions, conferences, publishing and online media, China Outbound Travel & Tourism Market 2014 (COTTM 2014) will take place at China (Beijing) National Agriculture Exhibition Center (CNAEC) from April 9-11.

China Outbound Travel & Tourism Market 2014 (COTTM 2014) is the only the only B2B event in China entirely dedicated to the China outbound travel and tourism sector, relevant professionals will have the best possible promotional platform to access the burgeoning Chinese outbound travel and tourism market at China Outbound Travel & Tourism Market 2014 (COTTM 2014).

Background Knowledge of China Outbound Travel & Tourism Market 2014 (COTTM 2014)

A combination of China's fast-emerging middle class, improved transport links and more favourable policies are all contributing to the boom of outbound tourism. The World Tourism Organisation (WTO) has estimated that the total number of outbound tourists from China Will reach 100 million by 2020.

According to the WTO: “The top ten ranking by international tourism spenders shows one remarkable change in 2010, with China (US$ 55 billion) moving up into third position, overtaking the United Kingdom (US$ 49 billion). China has shown by far the fastest growth with regard to expenditure on international tourism in the last decade, multiplying expenditure four times since 2000. Ranking as the seventh biggest source market in 2005, it has since overtaken, respectively, Italy, Japan, France and the United Kingdom.”*

Moreover authorities in Beijing recently granted licenses to three foreign companies to organize tours for outbound Chinese tourists. TUI is the first European tour operator, CITS American Express Travel Services for the US and JTB New Century International Tours for Japan. The move is seen as key to opening up the country’s lucrative outbound market.

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China Outbound Travel & Tourism Market 2013 (COTTM 2013)