Chinese tourists pose inside a temple in Bangkok, Thailand February 5, 2018. REUTERS/Soe Zeya Tun
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Consider this: For the past seven years, the travel and tourism sector has outperformed the overall economy every year, contributing as much as $7.6 trillion in 2016, including the wider impact on the economy, according to the World Travel & Tourism Council. During the next decade, the council predicts, almost one in four jobs created worldwide will be related to tourism.A rising tide of travelers from China is spreading out across the region, outshopping, outspending and outeating every other nation.The Chinese have barely started – only around 5 percent of them even have passports, and the government is issuing about 10 million new travel documents every year.The emerging nations of Asia-Pacific will add more than 50 million new outbound travelers in the five years ending in 2021, according to Mastercard Inc.By 2021, Chinese tourists will spend $429 billion abroad, according to a report by CLSA.At least 178 new airports are planned in Asia-Pacific, according to Visa Inc., and hundreds of existing facilities are being expanded or upgraded.The database of information it has compiled on Chinese travelers is long and detailed.
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