Posted On 2014/07/19 By In Behavior, Economics, News, China Outbound, Research, Luxury, Shopping With 699 Views

Chinese Tourists spend over 1000 US$ a Day

Care to bet which country’s tourists are some of the biggest spenders?

It’s not freewheeling Americans, luxury-seeking French, or penny-pinching Germans gone wild. No, according to a new report, it’s the Chinese, dropping an average of over $1,000 a day. However, two high-rolling contingents were most responsible for driving up the overall numbers.

Of the 3,000 Chinese tourists and 3,000 hoteliers surveyed, 15 percent said they spent $1,619 per day. An even higher echelon 2 percent spent $8,095 a day. They’re not just snagging commemorative shot glasses either. Luxury goods are about 40 percent cheaper outside China and buyers like to be able to say they got them from the brands’ country of origin.

“We’ve done a survey of 41 cities in China and people say they want to go sightseeing or experience different cultures, but ultimately all they want to do is shop and gamble,” research house CLSA’s spokesman Aaron Fischer told CNBC.


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Sources:

Article: NBC News

Care to bet which country's tourists are some of the biggest spenders? It's not freewheeling Americans, luxury-seeking French, or penny-pinching Germans gone wild. No, according to a new report, it's the Chinese, dropping an average of over $1,000 a day. However, two high-rolling contingents were most responsible for driving up the overall numbers. Of the 3,000 Chinese tourists and 3,000 hoteliers surveyed, 15 percent said they spent $1,619 per day. An even higher echelon 2 percent spent $8,095 a day. They're not just snagging commemorative shot glasses either. Luxury goods are about 40 percent cheaper outside China and buyers like to be able to say they got them from the brands' country of origin. "We've done a survey of 41 cities in China and people say they want to go sightseeing or experience different cultures, but ultimately all they want to do is shop and gamble," research house CLSA's spokesman Aaron Fischer told CNBC. Learn more in our Global Ready China Seminars Sources: Article: NBC News

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About

Stefan

Stefan (from Austria, Europe) has been living, studying and working in China since 2010. Stefan has worked on several research, publication and consulting projects focusing on the China Travel Market. He holds three Masters degrees and is an expert on China Outbound Tourism, Marketing and Social Media in China. Stefan works with BMG on the Global Ready China Seminars as well as the Global Ready China News and related projects. He also has teaching engagements in the areas of eMarketing and Tourism Strategy.

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