Outlook for Chinese tourism industry remains robust
Luxury holiday operators and airlines are positive about the outlook for the country's tourism industry as the sector has remained robust, said business insiders.
"Even with the slowdown of the global economy, China's economic growth and consumption power compared to other parts of the world are still way ahead, especially in the tourism industry," said Gino Andreetta, CEO of Club Med China, a world-renowned luxury resort brand.
"Especially during holiday and festive periods, we performed even better," Andreetta said. He added that even though the international situation might affect certain industries like import-export, the outlook for regional tourism in China is optimistic as demand for holidays as a means of escape and to explore new experiences was constantly increasing.