Winds of change five years ahead of schedule in UN forecast.
CNN reports China now matters most as top source of global tourism cash having spent US$100b on outbound tourism.
UNWTO says the volume of international trips by Chinese travelers grew from 10 million in 2000 to 83 million in 2012, making it the world’s fastest-growing market.
The Great Wall’s floodgates are open.
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Chinese travelers the world’s biggest spenders
By Karla Cripps, CNN
Source – CNN, published April 5, 2013
By 2015, 100 million Chinese will travel abroad, a benchmark originally forecast for 2020, according to the UNWTO.
(CNN) — Chinese travelers are now the top source of tourism cash in the world, according to a new report by the United Nations World Tourism Organization (UNWTO).
Boosted by a rising Chinese currency, Chinese travelers spent a record US$102 billion on international tourism in 2012, a 40 percent rise from US$73 billion in 2011.
The results fall right in line with China’s outbound tourism growth over the last 10 years.
The UNWTO says the volume of international trips by Chinese travelers grew from 10 million in 2000 to 83 million in 2012, making it the world’s fastest-growing market.
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