In association with


OUTBOUND TRAVEL SPEND


IHG has predicted Chinese demand for long-haul travel will ramp up considerably by 2023 (actual and projected figures show total Chinese outbound travel spend, by destination, in US$ billions).


In 2014 China overtook the US as the largest source of overall international travel spending.


Source: IHG The Future of Chinese Travel 21 15


TOP FIVE DEPARTING AIRPORTS FOR INTERNATIONAL FLIGHTS


OAG has calculated the top five departing airports in China, based on seat capacity, for the projected period March 29-October 24.


Airport name


Shanghai Pudong International Beijing Capital International Guangzhou Hangzhou Chengdu


Source: OAG (9,159 Chinese yuan) £930


Average daily spend by Chinese business travellers when travelling abroad.


Source: Chinese International Travel Monitor 2014


Seat capacity 11.47 million 8.76 million 4.17 million 1.33 million 1.31 million


South-east Asia


Hong Kong


Source: IHG The Future of Chinese Travel


Business travel spend in China has grown from


US$32 billion US$225 billion


to


Source: GBTA BTI Outlook – Annual Report and Forecast in 2013.


9 23 15 8 2


Macao North America


Northeast Asia


Western Europe


Emerging Europe


7 1.5 Africa 7 42 40 40 36 32 28


2013 2023


in 2000


It is predicted that by 2023,


of total Chinese outbound travel will be leisure-driven – a major shift in the purpose of travel for outbound Chinese, away from business travel.


62% Source: IHG The Future of Chinese Travel BUYINGBUSINESSTRAVEL.COM BBT JULY/AUGUST 2015 19


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