Hylink is honored to be a part of the 14th US-China Travel Summit and a proud organizer of its US Delegate Day! This is our fourth U.S. China Tourism Summit as a delegate and part of the BrandUSA organizing team. Congratulations to Brand USA on a triumphant return to China.
After a hiatus since 2019, this three-day event provided invaluable insights into navigating the Chinese tourism market and establishing connections with influential decision-makers. It's a testament to the enduring significance of fostering international partnerships and understanding in our interconnected world.
The summit holds immense significance in strengthening the relationship between the U.S. and China within the travel sector. As Assistant Secretary of Commerce for Industry and Analysis Grant T. Harris highlighted, travel and tourism support a staggering 9.5 million American jobs. China is the largest single contributing market to inbound U.S. tourism, which is crucial as we work towards our five-year goal of 90 million international visitors and $279 billion annually.
#USChinaTravelSummit
📣 Exciting news! I recently had the opportunity to be interviewed on live TV by CGTN, speaking on the topic of China Tourism, and I'm thrilled to share the video with all of you. 🎥🌟
In the interview, we discussed some fascinating topics such as the current status of summer tourism in China, the rebound of hotels and related industries, the international travel and tourism market, and how China is hoping tourism will boost its overall economy.
One important point we touched upon was the current state of international flights. Although they have recovered to about 60% compared to 2019, there are still several factors contributing to their limited availability. From manpower issues to the slow progress in clearing visa backlogs, these challenges are impacting the number of flights between countries. However, regional flights within the Asia Pacific and to Europe and the Middle East are showing more positive signs.
On the bright side, domestic tourism in China is thriving this summer, with families opting for vacations within the country. The demand for domestic air travel is already exceeding capacity, leading to a greater deployment of wide body planes and thus increased availability of seats. This has been a boon for the travel industry, with hotels and resorts experiencing higher occupancy rates and maintaining higher prices. 🏨💼
While tourism holds great potential for the overall economy, we also have to consider the sustainability of this growth beyond the summer holidays. Additionally, challenges like visa restrictions for inbound travelers pose further obstacles that need to be addressed. ❗🛂
Looking ahead, we have some exciting international events on the horizon, including the International Fair for Trade in Services in Beijing in September, the Canton Fair (Guangzhou) and CIIE (Shanghai) in October, and CHTF China High Tech Fair in Shenzhen in November. These events will undoubtedly contribute to the promotion of global trade and innovation. 🌍🌟
I invite you to watch the CGTN interview and gain valuable insights into the current state of tourism. Feel free to leave your thoughts and comments below, and let's continue exploring the world together! ✨✈️
https://lnkd.in/gMHSsZK6#CGTNInterview#TourismIndustry#SummerTravel#ChinaTourism#GlobalTrade#InnovationAndTravel
I found myself in a conversation with a big chairman in Asia's tourism industry.
I asked him for some advice about how to be as successful as he is in business.
His answer was unexpectedly short and simple:
"Try something beyond Europe and America. There are way fewer rules and guidelines that are in your way."
Ever thought about exploring markets beyond Europe and America?
#BusinessInsights#BusinessinAsia
The latest Perceptions of Asia survey from the Asia New Zealand Foundation shows that New Zealander's knowledge of Asia is rising still and is now at an all-time high - 59% now think we know a fair amount about the region.
With Prime Minister Christopher Luxon over in Japan at present and Air New Zealand announcing extra seats on flights to and from Japan in the coming months, the 2024 Perceptions of Asia survey confirms our interest in the region - Japan is the place that Kiwis are most interested in visiting, with 66% keen to have a look. More stated demand = a commercial reason to increase supply to meet that demand, as I told Heather du Plessis-Allan on Newstalk ZB last night
Given my own recent trip to Japan, I agree with the 90% of Kiwis that said that food was the activity we're most interested in when visiting Asia (the variety is incredible), with 82% saying tourism, and 67% saying business (I'd have answered all three as well!).
Have a look at the Perceptions of Asia results yourself: https://lnkd.in/gSEAS6jn
Awesome work Suzannah JessepAlex SmithAdele MasonJulia Macdonald and everyone else!
Did you know that tourism from China to Europe has tripled in the past ten years? This presents a significant opportunity for companies looking to tap into the surge of Chinese tourists to the EU. By partnering with Generative W, businesses can leverage this growing market and maximize their reach across the Chinese media landscape.
#ChinaTourism#EUTravel#ChinaMarketing#GTM#GotomarketChina
#Chinese#outbound travel market is expected to make significant strides towards recovery in 2024, building upon the progress observed throughout 2023.
◾It is anticipated that the number of international outbound trips taken by Chinese travelers in 2024 will approximately double compared to 2023.
◾The constraints that have hindered outbound travel, such as limited flight connections and delays in passport and visa processing, have eased to some extent in the latter half of 2023 and are projected to continue improving.
◾However, challenges such as capacity constraints and lingering risk aversion among travelers will persist to some degree in the near term.
But...it is on the #growth track in the long run!
📌 If you're an independent #hotel or hotel group considering #expanding or #targeting the Chinese outbound market and seeking trustworthy advice on how to best approach this complex market, we highly recommend consulting with Oliver Sedlinger 奥利文, our team member and #seasoned sales #expert in the #China outbound travel market
✋🏻Explore our innovative solution, the #GlobalSalesCircle, designed to provide independent hotels & regional groups with easy access to new markets through #smart#investment.
https://lnkd.in/d6ZXqEnW
We recommend reviewing this compelling data and forecast analysis 👇🏻
#Hotels#independenthotels#ChinatravelMarket#businessconsultants#hotelsales#marketreach#revenuemanagement#flexibleHotelrepresentation#whateam#GlobalSalesCircleProgram#salesandmarketing#businessplans#worldhospitalityalliance
🌍 China's Visa-Free Extension: A Catalyst for Global Business and Tourism 🌍
Exciting news! China has just extended its visa-free policy to 11 European countries and Malaysia until the end of 2025. This strategic move is set to boost the tourism sector and strengthen international ties. With a 15-day visa-free stay now available, there's a golden opportunity for professionals in travel, tourism, and business.
🔍 As global travel picks up pace, this change promises big things for international business. Easier entry means faster business exchanges and meetings, paving the way for better collaboration and new investment opportunities between China and Europe. Plus, the tourism industry stands to gain from a surge of travelers eager to experience China’s unique blend of ancient culture and cutting-edge innovation.
📈 For professionals in these sectors, the potential for growth and expansion is massive. Whether it's networking, exploring new markets, or launching new ventures, this policy makes it all more accessible.
💬 Let's chat: How can businesses make the most of this policy change to boost international cooperation? I'd love to hear your thoughts!
China, Germany and the USA competing for No. 1 global tourism source market status in 2023
In pre-pandemic times the number of border crossings from Mainland #China was higher than the numbers for the No. 2 and No. 3, #USA and #Germany, combined. Even after discounting trips to Greater China (Hong Kong SAR, Macau SAR, Taiwan), China still could keep the crown.
For 2023, according to COTRI ANALYTICS, the three countries are in a close race for to top position, with each of them forecasted to be the source of about 75-85 million trips.
All three countries reach the high numbers basically with many trips, sometimes just as a day trip, to neighbours. In the case of China, Hong Kong and Macau, in the case of the USA, Mexico and Canada, and in the case of Germany, Austria, Netherlands, Poland and other EU countries.
For 2024 it is almost certain that China will regain again the position as most important international tourism source market both in terms of trips and in terms of spending.
More about it in next weeks edition of COTRI INTELLIGENCE.
#tourism#sourcemarket#hongkong#macau#mexico#canada#austria#netherlands#poland#topposition#no1#travel#forecast
Power of tourism.
Hong Kong is benefiting from the China mainland tourists.
Average Hong Kongers spent around HKD$230 to 250 in Sa Sa while Chinese tourists spent around HKD$420.
So as Chinese tourists start to travel, many other countries are trying to lure them just to get their spending dollars.
#china#tourism#investments#hongkong#consumer
Australia's return to approved destination status for Chinese tour groups is most welcome step in the post-pandemic recovery of our international visitor economy. However, we should not expect a quick rebound to the giddy heights of 2019. As this AFR feature points out, in 2023 the composition of China's inbound visitor market is notably different - and so too is Australia's. My commentary in the article suggests that this is not necessarily a bad thing... Newcastle Business School | Future Tourism CRC | University of Newcastle
As Chinese tourists are decreasing, Taiwan is looking at attracting higher-spending tourists from Southeast Asia. International travelers from SEA & other parts of Asia are visiting Taiwan in greater numbers than before the Covid period.
Despite the low number of Chinese tourists, hotel revenues & the number of local travel agencies have returned to where they were before the pandemic. Tourists from Malaysia (reached pre Covid levels) & Singapore (10% up) are seeking out more unique & higher-priced hotels. And it helped propel the hotel industry's total sales to $5.5 billion. But the total number of international visitors to Taiwan was 30% down compared to the period in 2019.
In contrast to Taiwan's technology sector the tourism sector plays a small role, but it employs a significant number of people especially in the poorer rural & southern parts of the island.
#geopolitics#china#taiwan#tourism#southeastasia#taiwantourism#postcovid#postpandemic#gdp#macroeconomics
