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www.Buy2Greece.com -China’s hottest export: 139.2 million outbound tourists

 China’s hottest export: 139.2 million outbound tourists

Consumer demand is growing so fast that China just can’t contain it. Burgeoning consumer demand and an increasingly globally minded populace saw China became the largest global source of outbound tourists in 2015.6

120 million Chinese travelled out of China last year, spending a whopping $229 billion overseas and charting a 19.5% increase y-o-y on the 109 million outbound tourists in 2014.7

This growth is set to continue growing. Total tourists and spending are estimated to grow 16% and 21% y-o-y8 respectively in 2016, which basically adds up to another monster year of 139.2 million projected outbound Chinese travellers!

And this monster spending power of China’s internationally mobile HNWIs, business travellers, and middle-class is having such an impact on travel markets that it’s dominating business class, which is usually the domain of the well-heeled and the high-end.

The Global Business Travel Association Foundation estimates that business class spending by Chinese travellers will increase to $322 billion in 2016 and rise to $420 billion by 2019, overtaking the US market as the largest source of business travel bookings.9

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www.Buy2Greece.com – Airbnb shows how business and leisure travel is going mainstream

Airbnb shows how business and leisure travel is going mainstream

Published on : Monday, January 25, 2016

airbnb-logoAirbnb, the leading community driven hospitality company, unveiled some of the top trends that show how mixing business and liesure travel is going mainstream for business travelers in 2016, and highlighting top destinations and travel habits. Key findings based on both analyzing trends on Airbnb and a study developed by CWT Solutions Group with Airbnb include:

  • Companies that use Airbnb for business travel save on average 30 percent over traditional accommodations;
  • Business travelers stay twice as long on Airbnb;
  • Travel with the team, over 35 percent of bookings were for two or more travelers;
  • 45 percent of business travel was international, with travel to more than 2,000 cities in over 120 countries;
  • Top destinations included London, Milan, and Tokyo.

Airbnb for Business is now used by thousands of companies for their employee travel, including Vox Media, and Sixt Rental Car. The free dashboard, which launched last July, allows companies to coordinate the booking process more easily, streamline payments and gives travel managers the ability to offer a wider array of accommodations. Employees who have booked with Airbnb saved their companies an average of 30 percent more than traditional accommodations.

“Since introducing Airbnb for Business, we’ve seen the number of companies using it grow enormously,” said Chip Conley, Head of Global Hospitality and Strategy at Airbnb. “Businesses have clearly been longing for a better way to manage their employees’ travel needs and business travelers seem eager for change from the traditional business travel accommodations.”

With Airbnb’s far-reaching global network, 45 percent of Airbnb for Business trips are international. Business travelers visited more than 2,000 cities in over 120 countries. The average length of a business traveler’s stay on Airbnb was twice as long as stays in traditional accommodations, at 6.8 days per trip, which shows that more and more business travelers are staying the weekend, mixing business with pleasure, and getting to know a new city or neighborhood they’ve never visited.

In the six months since launch, more than 50,000 employees of more than 5,000 businesses have completed bookings. San Francisco tops the list as the most heavily traveled destination for business, followed by several economic hubs in the United States and Europe.

The top 10 cities for business trips on Airbnb are:

  • San Francisco, CA

 

  • London, UK

 

  • New York City, NY

 

  • Paris, France

 

  • Los Angeles, CA

 

  • Milan, Italy

 

  • Mountain View, CA

 

  • Austin, TX

 

  • Seattle, WA

 

  • Tokyo, Japan

Companies are also relying on Airbnb for longer-haul travel. Six of the 10 most commonly traversed routes are long-distance trips of more than 1,700 miles, including bi-coastal jaunts and international adventures.

More than 17 percent of travelers stayed in an Airbnb in more than one city. Some of Airbnb’s most fervent fans stayed in listings in over 15 cities across the globe. One frequent business traveler has visited nine countries on four continents, including Brazil, Turkey, Poland, China, and Mexico. Another emerging trend is that business travelers are more frequently using Airbnb to explore new cities before deciding whether to relocate for work. The longest single Airbnb for Business Travel booking was over 290 days.

www.Buy2Greece.com – Classic Vacations Announces Partnership with Scenic Luxury Cruises and Tours

Classic Vacations has partnered with Scenic, the leading operator of all-inclusive luxury European river cruises, to offer an exciting new vacation opportunity for travelers.

-Classic will now showcase Scenic’s fleet of “Space-Ships” – 5-star vessels outfitted with luxury accommodations and a nearly 1:2 staff to guest ratio, offering river cruises throughout Europe, including Austria, The Czech Republic, France, Germany, Hungary, The Netherlands, and their newest itineraries in Portugal along the Douro River. Complimentary amenities include a personal butler for every guest, with 24-hour room service, all meals on board, drinks all day (including premium wines and spirits), handcrafted shore excursions at exciting ports-of-call, airport departure transfers, and all tips and gratuities.

Travel Advisors can now choose from a variety of ships and itineraries to suit their clients’ desires, and customize their on-board experience, via the Customer Care team at Classic Vacations.

“Having recently experienced a Scenic river cruise, I’m more convinced than ever that this will be a great addition to our product offering. The inclusive nature of Scenic appeals to our luxury audience,” says Jonna Jackson, Head of Strategic Partnerships for Classic Vacations.

“Classic Vacations has been offering luxury vacation experiences in Europe for 20 years. As we celebrate this milestone, we are excited to add luxury European river cruises to our portfolio,” said David Hu, President of Classic Vacations. “We look forward to partnering with Scenic to deliver an experience beyond compare.”

Source:- Classic Vacations

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www.Buy2Greece.com – CIS WEALTH MOSCOW 2016

CIS Wealth Moscow 2016 is networking platform and information exchange hub, where leading professionals in international corporate law, tax analysis, private banking and business immigration from Europe, Americas, Middle East and CIS countries share their view and experience

http://cis-wealth.com/

 

www.Buy2Greece.com – International tourist arrivals up 4% reach a record 1.2 billion in 2015

International tourist arrivals grew by 4.4% in 2015 to reach a total of 1,184 million in 2015, according to the latest UNWTO World Tourism Barometer. Some 50 million more tourists (overnight visitors) travelled to international destinations around the world last year as compared to 2014. 

2015 marks the 6th consecutive year of above-average growth, with international arrivals increasing by 4% or more every year since the post-crisis year of 2010.

“International tourism reached new heights in 2015. The robust performance of the sector is contributing to economic growth and job creation in many parts of the world. It is thus critical for countries to promote policies that foster the continued growth of tourism, including travel facilitation, human resources development and sustainability” said UNWTO Secretary-General, Taleb Rifai.

Demand was strong overall, though with mixed results across individual destinations due to unusually strong exchange rate fluctuations, the drop in oil prices and other commodities which increased disposable income in importing countries but weakened demand in exporters, as well as increased safety and security concerns.

“2015 results were influenced by exchange rates, oil prices and natural and manmade crises in many parts of the world. As the current environment highlights in a particular manner the issues of safety and security, we should recall that tourism development greatly depends upon our collective capacity to promote safe, secure and seamless travel. In this respect, UNWTO urges governments to include tourism administrations in their national security planning, structures and procedures, not only to ensure that the sector’s exposure to threats is minimised but also to maximise the sector’s ability to support security and facilitation, as seamless and safe travel can and should go hand in hand”, added Mr Rifai.

Growth in advanced economy destinations (+5%) exceeded that of emerging economies (+4%), boosted by the solid results of Europe (+5%).

By region, Europe, the Americas and Asia and the Pacific all recorded around 5% growth in 2015. Arrivals to the Middle East increased by 3% while in Africa, limited data available, points to an estimated 3% decrease, mostly due to weak results in North Africa, which accounts for over one third of arrivals in the region.

Positive prospects for 2016

Results from the UNWTO Confidence Index remain largely positive for 2016, though at a slightly lower level as compared to  the previous two years. Based on the current trend and this outlook, UNWTO projects international tourist arrivals to grow by 4% worldwide in 2016.

By region, growth is expected to be stronger in Asia and the Pacific (+4% to +5%) and the Americas (+4% to +5%), followed by Europe (+3.5% to +4.5%). The projections for Africa (+2% to 5%) and the Middle East (+2% to +5%) are positive, though with a larger degree of uncertainty and volatility.

2015 Regional Results

Europe (+5%) led growth in absolute and relative terms supported by a weaker euro vis-à-vis the US dollar and other main currencies. Arrivals reached 609 million, or 29 million more than in 2014. Central and Eastern Europe (+6%) rebounded from last year’s decrease in arrivals. Northern Europe (+6%), Southern Mediterranean Europe (+5%) and Western Europe (+4%) also recorded sound results, especially considering the many mature destinations they comprise.

Asia and the Pacific (+5%) recorded 13 million more international tourist arrivals last year to reach 277 million, with uneven results across destinations. Oceania (+7%) and South-East Asia (+5%) led growth, while South Asia and in North-East Asia recorded an increase of 4%.

International tourist arrivals in the Americas (+5%) grew 9 million to reach 191 million, consolidating the strong results of 2014. The appreciation of the US dollar stimulated outbound travel from the United States, benefiting the Caribbean and Central America, both recording 7% growth. Results in South America and North America (both at +4%) were close to the average.

International tourist arrivals in the Middle East grew by an estimated 3% to a total of 54 million, consolidating the recovery initiated in 2014.

Limited available data for Africa points to a 3% decrease in international arrivals, reaching a total of 53 million. In North Africa arrivals declined by 8% and in Sub-Saharan Africa by 1%, though the latter returned to positive growth in the second half of the year. (Results for both Africa and Middle East should be read with caution as it is based on limited available data)

China, the USA and the UK lead outbound travel growth in 2015

A few leading source markets have driven tourism expenditure in 2015 supported by a strong currency and economy.

Among the world’s top source markets, China, with double-digit growth in expenditure every year since 2004, continues to lead global outbound travel, benefitting Asian destinations such as Japan and Thailand, as well as the United States and various European destinations.

By contrast, expenditure from the previously very dynamic source markets of the Russian Federation and Brazil declined significantly, reflecting the economic constraints in both countries and the depreciation of the rouble and the real against virtually all other currencies.

As for the traditional advanced economy source markets, expenditure from the United States (+9%), the world’s second largest source market, and the United Kingdom (+6%) was boosted by a strong currency and rebounding economy. Spending from Germany, Italy and Australia grew at a slower rate (all at +2%), while demand from Canada and France was rather weak.

Source:- UNWTO

www.Buy2Greece.com – Уникальное мероприятие для профессионалов рынка зарубежной недвижимости 21 апреля 2016 года, отель «Бородино»

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Координатор: Елена Астахова