Chi­nese will travel more in 2015: An­a­lyst

China Daily (Canada) - - FRONT PAGE -

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.

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