Sept 2023: China Market Update

Sept 2023: China Market Update

Latest News

U.S. Commerce Secretary Gina Raimondo traveled to Beijing for a four-day visit aimed at boosting business ties between the world’s two largest economies while declaring American national security trade measures off-limits for debate. Raimondo wants to boost travel and tourism between the two countries. If China returned to 2019 U.S. tourism levels, it would add $30 billion to the U.S. economy and 50,000 U.S. jobs.

China's minister of culture and tourism said China hopes the United States will further increase direct flights with China and facilitate visa applications for Chinese nationals, according to a ministry statement.

U.S. Commerce Secretary Gina Raimondo?wants to boost travel and tourism between China and the U.S.

Source: Skift / Reuters

East/West: Key Takeaways

The hottest news lately is about the China visit of U.S. Commerce Secretary Gina Raimondo. The visit highlighted the importance of economic engagement between the United States and China. The potential economic benefits of increased tourism and business cooperation are substantial.

  • Economic Impact: If China were to return to 2019 U.S. tourism levels, it could indeed have a substantial economic impact on the United States. The estimated $30 billion boost to the U.S. economy and the creation of 50,000 jobs reflect the potential benefits of increased tourism and business interactions between the two countries. Tourism can contribute to various sectors, including hospitality, transportation, retail, and more.
  • Diplomatic Outreach: U.S. Commerce Secretary Gina Raimondo's visit reflects a diplomatic effort to strengthen economic ties and engage in dialogue with one of the United States' most important economic partners. Building and maintaining a positive economic relationship with China is crucial for global economic stability.
  • Focus on Travel and Tourism: Promoting travel and tourism is a constructive approach to fostering people-to-people connections and cultural exchanges between the two nations. This can help build mutual understanding and goodwill between the U.S. and China, beyond just economic benefits.
  • Bilateral Relations: The U.S. and China have a complex and multifaceted relationship, characterized by both cooperation and competition. Economic ties are an essential component of this relationship, and efforts to strengthen these ties can have ripple effects on other aspects of bilateral relations, such as diplomatic, political, and security issues.

For those primarily concerned about Visa processing times, the feedback from the United States Embassy in China indicates that they will be welcoming additional Visa officers in the coming month to augment their workforce, aiming to better accommodate the increasing volume of Chinese visa applications and meet the demands of Chinese travelers.

Source: Travel.State.Gov

Outbound Market & Industry News

China's tourism recovery is heating up as some tours to Europe over the eight-day Mid-Autumn Festival and National Day holiday, observed in about three weeks, are already sold out.

Spring Tour is taking no more reservations for some tours to Europe during the holiday that starts on Sept. 29, the Shanghai-based travel agency said to Yicai. Some of the hottest destinations include Spain, Portugal, Switzerland, France, Italy, Hungary, Croatia, Greece, Iceland, and Denmark. Moreover, the lengthy visa processes require making bookings well in advance.

Source: Yicai Global

China’s international airline capacity has reached 4.6 million seats in August and has been steadily increasing each month this year from a very low base at the beginning of 2023 where international capacity was just 13% of the level in January 2019. China’s international airline capacity - as of August 2023 - is operating at a 50% reduction compared to 2019 levels, according to data from OAG.

Source: OAG

New York City Tourism + Conventions visit to Utour Travel HQ in Beijing

  • New York City Tourism + Conventions to visit China

The official destination marketing organization of NYC, New York City Tourism + Conventions, along with nine industry partners, is visiting China from September 7th to September 14th. They will be hosting tourism and media events in Beijing and Shanghai. This it’s first visit to China since 2019, and during the one-week visit, they will organize a series of industry meetings and industry visits. The aim of this visit is to rebuild friendly relationships with Chinese travel industry professionals and media as Chinese citizens resume outbound group travel to the United States.

  • Dista Group organizes roadshow

One of the largest and top leading wholesalers and local receptive in the West and the South China market, Dista Group, held its first roadshow after pandemic. The trip included Chengdu (Sichuan Province) and Kumning (Yunnan Province). More than 300 representatives from local market participated in the event.

Dista Group hosts its first post-pandemic road show.

Inbound and Domestic Market

A recent index by the World Tourism Alliance highlighting China's inbound tourism indicates that revitalization is well underway, the head of the organization said at a national-level tourism expo in Tianjin. "There is still room for improvement toward fully restoring inbound tourism, and a major surge is expected," said Zhang Xu, chairman of the alliance, on Friday.

Source: China Daily

With the eight-day Mid-Autumn Festival and National Day holiday break set for Sept 29 to Oct 6, China Tourism News reports online agencies are being flooded with inquiries regarding domestic travel. According to data from Tongcheng Travel, domestic flight bookings for the holidays surged by over 40 percent in the seven-day period ending Aug 24, compared to the previous week.

Source: China Daily

East/West Insights

East West Marketing discusses China's recovery market and expectations for outbound travel to U.S. with Dista Group

Dista Group is one of the largest and top leading wholesalers and local receptive in the West and the South China market. Their distinguished range of services include an exceptional summer camp experience, an array of diverse tour packages spanning the United States and other captivating destinations throughout the Americas, as well as personalized and tailored tour packages. Additionally, they offer exclusive educational and business visiting packages designed specifically for MBA and EMBA students.

Q: With recent positive developments in various aspects, what are your expectations for the outbound travel market to the United States in the next year? What is the expected recovery level/percentage of tourist numbers?

A: Chinese tourists have a strong interest in traveling to the United States. However, due to limitations on flights and visas, the recovery is still in its initial stages so far, far from reaching even 10% of pre-pandemic levels. e We anticipate a significant surge in the number of Chinese tourists visiting the US.

Q: Currently, what changes have there been in the overall customer base and market demands compared to pre-pandemic times?

A: The increased costs of airfare and exchange rates has led customers to place a greater importance on mid-to-high-end group tours and quality travel experiences.

Q: What will be the focus of your business and primary product offerings until next summer?

A: Our primary focus leading up from this September to next summer will remain on destination promotion and the development of distinctive thematic products.

?Q: How is the recovery of your American travel products progressing at the moment?

A: So far, some mid-to-high-end products of in-depth travel and study-abroad programs to the United States have partially resumed.

Dista Group's first post-pandemic roadshow meets in Yunnan.

Q: Apart from conventional products on the East and West Coasts, are there plans to introduce more in-depth or new emerging destination products in the coming year?

A: DISTA has always been committed to developing new products and in-depth travel itineraries. Some of the planned themes include fall foliage tours, educational tours, and art-themed experiences on the East Coast.

Q: What are the main challenges you are facing in product development and marketing?

A: In terms of product development, our primary challenge is that the outbound group travel market to the United States has just started to recover, and many resources, such as restaurants, hotels, and new tourist destinations, have changed significantly since before the pandemic. Currently, the major challenges are related to US visa difficulties and the incomplete recovery of flights.

Q: In the process of product development and operation, what kind of assistance and support do you most need from the destination?

A: We hope to receive more information on new travel experiences, thematic activities, educational institutions, and events from the destination to enrich our offerings.?





要查看或添加评论,请登录

Alina Xiang的更多文章

  • Oct 30, 2024: China Market Report

    Oct 30, 2024: China Market Report

    Latest Key News Delta Airlines Restarts Los Angeles to Shanghai Flights with A350 Delta Air Lines will resume nonstop…

    2 条评论
  • Oct 4, 2024: China Market Report

    Oct 4, 2024: China Market Report

    Latest Key News The Return of Chinese Outbound Travel: October Golden Week Sparks Strong Comeback Rising Confidence and…

    1 条评论
  • Sept 19, 2024: China Market Report

    Sept 19, 2024: China Market Report

    Latest Key News China hits record 140 million air passengers’ trips in summer rush International passenger flights…

  • Sept 9, 2024: China Market Report

    Sept 9, 2024: China Market Report

    Latest News China’s thriving tourism fuels summer spending boom Travel demand has been more diverse and complex, and…

    1 条评论
  • Aug 21, 2024: China Market Report

    Aug 21, 2024: China Market Report

    Latest News Asia Is Top Outbound Destination for Chinese Holiday Makers This Summer Travel orders of Chinese tourists…

  • Aug 7, 2024: China Market Update

    Aug 7, 2024: China Market Update

    Latest News Olympic fever drives surge of Chinese, Japanese fans in Paris Only 1.5 million of the 11.

    1 条评论
  • July 22, 2024: China Market Update

    July 22, 2024: China Market Update

    Latest News China reports 287 million border crossings in first half of 2024 China’s immigration authorities reported…

  • July 12, 2024: China Market Update

    July 12, 2024: China Market Update

    Latest News China and US hope for tourism boom Both countries are optimistic for more inbound travelers on the back of…

  • June 24, 2024: China Market Update

    June 24, 2024: China Market Update

    Latest News At the 14th China - U.S.

  • June 10, 2024: China Market Update

    June 10, 2024: China Market Update

    Latest News 14th U.S.

    1 条评论

社区洞察

其他会员也浏览了