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Development Quarterly - Issue 3 IHG Europe's Development, Design & Openings magazine

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INFOGRAPHIC<br />

$35,000<br />

per annum<br />

The threshold of household<br />

income in China that<br />

makes international<br />

travel affordable<br />

70%<br />

of outbound travel from China<br />

is to major cities<br />

62%<br />

of total<br />

outbound<br />

travel<br />

will be<br />

leisure<br />

tourism*<br />

97m ARRIVALS<br />

Annual arrivals from China<br />

to global destinations*<br />

61%<br />

The expected<br />

per-night increase<br />

in money spent<br />

by Chinese tourists*<br />

53%<br />

of disposable income<br />

currently spent on travel<br />

150<br />

CITIES<br />

Chinese cities<br />

with a population<br />

of over 1 million<br />

Additional volume of Chinese visitors arriving by 2023<br />

MILAN +108%<br />

LUCERNE +86%<br />

WARSAW +123%<br />

FLORENCE +120%<br />

ROME +181%<br />

FRANKFURT +100% VENICE +127%<br />

PARIS +93% LONDON +174%<br />

MUNICH +105%<br />

China is now recognised as the largest travelling nation and contributor to hotel revenue growth<br />

in the world. The Chinese outbound market preference is evolving towards long-haul, leisure-driven<br />

travel, primarily to cities. Urbanisation drives GDP growth and household income levels. <strong>IHG</strong> ® China<br />

Ready accreditation enables hotels to deliver a great experience for Chinese guests.<br />

*by 2023<br />

21

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