The Unbearable Uncertainty of Chinese Outbound Travel
With China having been largely closed for almost three years, due to travel restrictions as part of the Government’s ‘zero-covid’ policy, global tourism destinations eagerly await the resumption of visits from China. Having been the largest global source market for tourism spending before the pandemic, the resumption of Chinese outbound travel is crucial for the industry’s recovery. This webinar discusses current expectations and uncertainty around the timing for Chinese outbound travel recovering, and what it means for recovery of tourism for many destinations.
Dave Goodger
Director of Tourism Economics
Dave Goodger
Director of Tourism Economics
Dave Goodger is Director of Tourism Economics, Europe. He has been instrumental in developing the global model of tourism flows and spending, which covers 185 origins and destinations, and he continues to manage the regular forecast updates. He also maintains an active role in new product development and consultancy work.
Michael Shoory
Senior Economist, Tourism Economics
Michael Shoory
Senior Economist, Tourism Economics
Michael is currently conducting economic impact analysis and custom research projects. Along with his work on economic impact and custom research projects, Michael also analyzes trends and developments in tourism to the Asia-Pacific region, Prior to joining Tourism Economics, Michael worked at the Reserve Bank of Australia for seven years, where he worked in a variety of roles focusing on macroeconomic analysis and forecasting (particularly housing markets), researching international financial markets and liaising with industry representatives. Michael graduated from the University of Western Sydney with a Bachelor of Economics, where he also received the University Medal for his achievements.
Tags:
Related Services
Post
European Tourism 2022 – Trends & Prospects (Q3/2022)
Europe enjoyed a strong tourism rebound over the summer months as Covid-19 disruptions abated. However, the region was not exempt from turmoil arising from the prolonged war in Ukraine, labour shortages, elevated food and energy prices, and stalling economic growth.
Find Out More
Post
Which way to the (Zero-Covid Policy) exit for China?
We think China's exit from its zero-Covid policy will only happen in H2 2023 - a more cautious view than consensus. From an epidemiological and political perspective, we do not think the country is ready yet to open up.
Find Out More
Post
World Cup to score regional benefits beyond Qatar
Qatar’s hosting of the Middle East's first ever World Cup is seen benefitting the wider GCC economy, and given the recovery in travel and tourism, we forecast the region's non-oil sector to grow by 4.9% and 3.4% in 2022 and 2023, respectively.
Find Out More