https://www.telegraph.co.uk/travel/comm ... e-tourist/
With the aviation industry having geared up to support this growth, the coronavirus must be giving aviation marketing executives many sleepless nights. Even if the virus turns out to be a damp squib, it will have given tremendous impetus to video conferencing instead of flying. If not then the aviation industry will take a tremendous knock. Suspect a massive wind-back of demand will cause the Boeing 777-9X to follow the Airbus A380. Any thoughts out there.n the first year of the new millennium, a modest 10.5m overseas trips were made by Chinese residents. Fast forward to 2018 and the figure was 149.7m – an astounding increase of 1,326 per cent.
In less than two decades China has grown from travel minnows to the world’s most powerful outbound market, leapfrogging the US – and leaving it in its wake. According to the United Nations World Tourism Organisation (UNWTO) Chinese tourists overseas spent $277.3bn in 2018, up from around $10bn in the year 2000. Collectively, America’s globetrotters parted with a relatively paltry $144.2bn.
Alison