China Tourism Industry Forecast to 2012 by:RNCOS E-Services Pvt. Ltd.
. These developments and reforms have taken the tourism industry to new heights and introduced multistage transformations that attracted tourists not only from within the country but from overseas countries as well. The growth process can be segregated into different phases where the initial phase belonged to the emergence of inbound travel market and moved ahead to the development of domestic and outbound travel market.
Our new research report "China Tourism Industry Forecast to 2012" has found that domestic and outbound tourism segments have witnessed positive growth despite economic slowdown and changing industry landscape. These two segments are the most lucrative segments of tourism industry. At present, China has the world largest domestic tourism market considering the fact that more than 1.7 Billion domestic travelers generated total revenue of over US$ 100 Billion in 2008. The outbound travel market has also been undergoing phenomenal transformation, with close to 45 Million travelers generated revenue of more than US$ 35 Billion in the same year (2008).
We anticipate marginal effect of 2008 financial crisis on the Chinese tourism industry as compared to other tourist destinations across the globe. The impact of recession has fallen on the inbound tourism market but it will be able to gain its lost momentum from 2010 onwards. Domestic and outbound tourism markets will maintain their growth rate and contribute more than 50% of the tourism industry revenue and visitors movement.
The report incorporates an extensive research and rational analysis of the tourism industry in China. It provides segment level analysis of the industry along with future trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts and vendors to get in-depth knowledge of the current, past and future performance of the industry. The future outlook mentioned in the report has been derived by interacting with various industry veterans, experts, analyzing information from research papers, journals and our in-house developed models.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner. Learning to Relax is an Arthritis Pain Treatment Top Boutique Hotels In Barcelona by:Alex Brey Things To Know Before Sightseeing Tour Barcelona by:Kenton Hagler Special Discount Tickets For Disney World Attractions by:Emily Dove Verizon 5.0.0.591 OS update for the 9630 Tour Users The Above & Beyond Children's Museum (ABCM) in Wisconsin - A Great Vacation and Travel Destination by:Robert W. Benjamin Secluded Accommodation In New York by:Natalie Lukaniuk Let Van Rental Be Your Choice For Transportation by:Jessica Whatson I Love Touring Rome, Italy - Parioli District Hotels by:Levi Reiss Short Term Lets London - Why Choose An Apartment Over A Hotel by:Kathryn Dawson The Summer Grand Canyon Getaway by:Mike Finney Northern Arizona Offers Vacation Getaway Ideas by:Mike Finney Hiring A Motorhome In Tasmania by:Labbe Scott