In 2019, China recorded 169 million outbound trips, a significant increase from 57.4 million in 2010. However, due to the COVID-19 pandemic, this figure dropped sharply to approximately 20.2 million in 2020. Projections indicate a strong recovery, with an estimated 130 million Chinese travelers expected to journey abroad in 2024, increasing to 200 million by 2028. Key trends include a growing preference for longer trips and luxury accommodations, with 73% of travelers making last-minute bookings. Major urban centers such as Shenzhen and Shanghai continue to dominate as top departure cities. Now is the time for the world to once again welcome Chinese travelers. For those in the luxury travel sector, do not miss the opportunity to participate in Beyond Luxury, scheduled for late May 2025. #travener #beyondluxury #luxurytravel #Chinesetravelers
🌟 Step Into the Epicenter of Global Luxury Travel at Beyond Luxury Discover where visionaries meet and the future of luxury travel unfolds. Beyond Luxury is your gateway to connecting with the most influential luxury travel professionals worldwide. 🌍✨ From iconic hoteliers to bespoke travel curators, this is the premier stage to cultivate partnerships and embrace the possibilities of China’s thriving outbound market. With exclusive venues in Beijing and Shanghai, immerse yourself in transformative networking that will elevate your business. Your next success story begins here. Join us in May! #BeyondLuxury #LuxuryTravel #GlobalConnections
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3wI'm particularly interested in learning more about this, especially after attending the ITB China's webinar.