Travel & Tourism to Witness Major Resurgence Due to Chinese Travellers

WTTC’s recent “A World in Motion” report indicates a strong global interest in travel to China. Data from December 2022 showed that travellers from the Americas and across the Asia-Pacific region expressed a keen interest in visiting China.

Furthermore, data from WTTC’s knowledge partner, ForwardKeys, reveals noteworthy trends in outbound and inbound passenger numbers. Outbound passenger numbers from mainland China in 2022 witnessed a 90% increase compared to the previous year, totaling 3.6 million passengers. While this was still below the 2019 peak of 47.9 million, it marked a significant recovery from the historic low of just 1.9 million outbound passengers in 2021. Year-to-date data for 2023 shows a remarkable 506% increase in outbound passenger numbers, reaching 22.1 million between January and August.

Inbound passenger numbers to China followed a similar trend. In 2022, inbound passenger numbers reached 3.3 million, an 89% increase from the previous year. Year-to-date data for 2023 indicates a 556% growth in inbound passenger numbers, totaling 21.9 million between January and August.

Julia Simpson, WTTC President & CEO, emphasized the strong desire for travel both among Chinese travelers who want to explore the world again and international travelers eager to return to China with its rich culture, stunning landscapes, and warm hospitality.

The report also provides insights into the contributions of Travel and tourism to the economies of Hong Kong and Macau, as well as flight booking data for these regions. In Hong Kong, Travel & Tourism contributed $4.5 billion to the economy in 2022, while Macau saw a contribution of $12.3 billion. The flight booking data reveals substantial increases in outbound and inbound passengers for both regions. Similarly, Shanghai’s Travel and tourism sector contributed $29.7 billion to its economy in 2022, with significant growth in passenger numbers.

The World Travel & Tourism Council (WTTC) has highlighted the significant resurgence of China’s Travel and tourism sector, revealing promising forecasts. According to WTTC’s latest Economic Impact Research, China’s Travel and tourism sector is expected to contribute $1.48 trillion to the national economy by the end of 2023. This marks a remarkable growth of over 150% from 2022 when the sector contributed $583 billion to the economy. Looking ahead a decade, WTTC predicts that the sector will contribute over $4 trillion to China’s economy, demonstrating remarkable growth, outpacing the global compound annual growth rate (CAGR) by nearly 2:1.

The global tourism body also forecasts that the sector will support over 74 million jobs in China in 2023, representing a growth of more than 18% compared to 2022. This figure is just 9% behind the employment levels seen in 2019. By 2033, WTTC predicts that the sector will provide support for more than 31 million additional jobs, reaching a total of almost 106 million jobs, which represents nearly one in seven jobs across China.

WTTC’s recent “A World in Motion” report indicates a strong global interest in travel to China. Data from December 2022 showed that travelers from the Americas and across the Asia-Pacific region expressed a keen interest in visiting China.

Furthermore, data from WTTC’s knowledge partner, ForwardKeys, reveals noteworthy trends in outbound and inbound passenger numbers. Outbound passenger numbers from mainland China in 2022 witnessed a 90% increase compared to the previous year, totaling 3.6 million passengers. While this was still below the 2019 peak of 47.9 million, it marked a significant recovery from the historic low of just 1.9 million outbound passengers in 2021. Year-to-date data for 2023 shows a remarkable 506% increase in outbound passenger numbers, reaching 22.1 million between January and August.

Inbound passenger numbers to China followed a similar trend. In 2022, inbound passenger numbers reached 3.3 million, an 89% increase from the previous year. Year-to-date data for 2023 indicates a 556% growth in inbound passenger numbers, totaling 21.9 million between January and August.

Julia Simpson, WTTC President & CEO, emphasized the strong desire for travel both among Chinese travelers who want to explore the world again and international travelers eager to return to China with its rich culture, stunning landscapes, and warm hospitality.

The report also provides insights into the contributions of Travel and tourism to the economies of Hong Kong and Macau, as well as flight booking data for these regions. In Hong Kong, Travel & Tourism contributed $4.5 billion to the economy in 2022, while Macau saw a contribution of $12.3 billion. The flight booking data reveals substantial increases in outbound and inbound passengers for both regions. Similarly, Shanghai’s Travel and tourism sector contributed $29.7 billion to its economy in 2022, with significant growth in passenger numbers.

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