Chinese wanderlust punches big hole in wallet

Chinese travelers are spending 28 percent of their income on average on international travel, with the millennials (those born in the 1990s) being the biggest spenders, allocating 35 percent of their income to travel, according to an industry survey.

The sixth annual Chinese International Travel Monitor report by Hotels.com said Chinese travelers of all age groups travel internationally more often and for longer, with the number of trips and number of days per trip increasing in the past year from three to four and from five to seven days, respectively.

Chinese tourists are also visiting multiple cities per trip, with over 80 percent saying they would not just stay in a single city, said the report.