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Research and Markets: China Tourism Industry Forecast to 2012

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Research and Markets (http://www.researchandmarkets.com/research/a59b02/china_tourism_indu) has announced the addition of the "China Tourism Industry Forecast to 2012" report to their offering.
With the improving purchasing power, rapid economic liberalization and favourable government policies, tourism has emerged as a new growth avenue for the Chinese economy over the recent few years. 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 travellers 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 traveller 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.
Key Topics Covered:
1. Analyst View
2. Industry Overview
3. Market Drivers
4. Industry Outlook to 2012
5. Hotel Industry
6. Emerging Trends
7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned:
Beijing Capital Tourism Co., Ltd.
China Travel International Investment Hong Kong Ltd.
Ctrip.com International
China United Travel Co., Ltd.
Guilin Tourism Corporation Ltd.
Shanghai Jin Jiang International Hotels (Group) Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/a59b02/china_tourism_indu

Contact:Research and MarketsLaura Wood, Senior Manager,press@researchandmarkets.comU.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716

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