Data from Colliers International published ahead of Arabian Travel Market (ATM) 2019, reveals that the GCC countries currently attract just 1 percent of China’s total outbound market.
However, it said positive trends are expected over the coming years as 400 million Chinese tourists are expected to go abroad in 2030 – up from 154 million in 2018.
China’s links with the GCC have strengthened in recent years due to the introduction of additional and direct airline routes; the strong growth of the Chinese economy and Chinese tourists’ increasing disposable income, it noted.
The Colliers data shows Saudi Arabia will experience the highest proportionate increase in arrivals from China, with a projected compound annual growth rate (CAGR) of 33 percent between 2018 and 2022.
Both the kingdom and China’s cultural and educational exchanges have been cited as one of the key elements driving this influx.
(Source: Arabianbusiness.com YouTube channel)