Chinese will travel more in 2015: Analyst
Chinese consumers are expected to increase the number of international trips they take in 2015 as they spend more money on experience and wellbeing, and continue to invest heavily in real estate and global education, according to China analyst Michael Zakkour.
Zakkour, the principal of the China/Asia Pacific practice at consulting firm Tompkins International, said that 2015 will see even more travel from Chinese, who are already the biggest spenders per capita per trip outside of China. On average, the Chinese traveler spends about $7,000-$8,000 per capita per trip, compared to the $3,000 that US travelers spend.
“Not only is the overall number going to grow, but we also predict that rather than making two trips outbound from China, the average traveler will make four outbound trips per year,” Zakkour said.