PATA presentation China WTM 2007

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  • PATA presentation China WTM 2007

    1. 1. The Changing Face of Chinese Outbound Travel Driving Change in Travel & Tourism Peter de Jong President and CEO Pacific Asia Travel Association
    2. 2. China over the last 10 years….. <ul><li>1997 </li></ul><ul><li>Population 1.24 billion </li></ul><ul><li>Urbanized 32% </li></ul><ul><li>GDP growth 9.3% </li></ul><ul><li>GDP/capita US$767 </li></ul><ul><li>Travel </li></ul><ul><li> -Inbound 57.6 million </li></ul><ul><li> -Outbound 5.3 million </li></ul><ul><li> -Domestic 644 million </li></ul><ul><li>2007 </li></ul><ul><li>==> 1.33 billion </li></ul><ul><li>==> 42% </li></ul><ul><li>==> 11.5% </li></ul><ul><li>==> US$2,420 </li></ul><ul><li>==> 132 million </li></ul><ul><li>==> 37.5 million </li></ul><ul><li>==> 1.4 billion </li></ul>
    3. 3. The total China travel equation
    4. 5. <ul><li>On Monday November 5, 2007 made its stock market debut in Shanghai…. </li></ul><ul><li>… and that same day became the first company in the World to be valued at more than US$1,000bn </li></ul><ul><li>Second largest company in the world, ExxonMobil is valued at just under half that! </li></ul>
    5. 6. Hong Kong and Macau remain favourite destinations…
    6. 7. … with other Asian destinations also popular
    7. 8. New destinations are making waves
    8. 9. Scheduled air seat capacity from China has grown exponentially
    9. 10. China routes to Europe in 2000
    10. 11. China routes to Europe in 2007
    11. 12. Dynamic growth is forecast
    12. 13. ‘ Established’ destinations will have mixed results…
    13. 14. … while ‘emerging’ destinations will drive growth
    14. 15. Business travel is heavily influenced by leisure activities
    15. 16. Europe is growing as both a business and leisure destination
    16. 17. Relieving stress has become one of the main motives for taking vacations
    17. 18. Online information sources are vital
    18. 19. Booking online is becoming more and more important
    19. 20. The use of premium accommodation suggests, higher yield visitors
    20. 21. Working with Industry to Lead an Effective Response to Climate Change <ul><ul><li>PATA CEO Challenge </li></ul></ul><ul><ul><ul><li>29-30 April 2008, Bangkok </li></ul></ul></ul><ul><ul><ul><li>Leaders of private & public sector </li></ul></ul></ul><ul><ul><ul><li>Challenge: commit to on-going action plan </li></ul></ul></ul><ul><ul><ul><li>www.pata.org/ceochallenge </li></ul></ul></ul>

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