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China's outbound tourists growing

By ROPATE VALEMEI
Monday, February 24, 2014

Update: 11:05AM MAJORITY of the number of visitor arrivals into the Pacific are from Australia.

However, the ANZ Asia Pacific Economics quarterly review noted Chinese tourists are now the quickest growing source of visitor arrivals.

The rate of Chinas outbound tourists is likely to grow more quickly over the coming years as the tipping point for rapid growth gets closer on the proliferation of low cost carries and tour originators.

The bank says economies that will benefit most from this coming surge in tourism flows are those who invest in tourism infrastructure.

As Fiji has shown, the bank adds strong and ongoing, investment has driven the tourism industry to be one of the largest sources of GDP.





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Westpac
Code Inward TTs Outward TTs
JPY 59.845756.8457
GBP 0.30830.3003
EUR 0.43450.4225
CNY 3.00972.9097
NZD 0.72320.6902
AUD 0.63460.6096
USD 0.48390.4669

from

$0.00

Exchange Rate updated on 3rd July 2015

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