{"id":8286,"date":"2020-07-21T23:07:10","date_gmt":"2020-07-21T23:07:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=8286"},"modified":"2026-04-24T03:27:17","modified_gmt":"2026-04-24T06:27:17","slug":"china-travel-will-return-to-growth-by-2022","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/china-travel-will-return-to-growth-by-2022","title":{"rendered":"China: travel will return to growth by 2022"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Analysts expect the Chinese tourists\u2019 appetite for overseas travel to recover beyond 2019 figures within two years.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">China.- The China Outbound Tourism Research Institute (COTRI) has reported that it expects demand for international travel from China to grow beyond 2019 figures by 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a recent editorial note, Professor Wolfgang Georg said he had consulted several companies related to Chinese outbound travelling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For 2022, 29 out of 38 participants said they expected their business to be doing \u201cmuch better\u201d than in 2019. Another four said they expected to be doing \u201csomewhat better\u201d and three anticipate things will remain the same. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Only two said they expected to be doing \u201csomewhat worse\u201d in 2022 than in the pre-pandemic era.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts expect Chinese tourists\u2019 appetite for overseas travel to prevail with tourism recovering quickly once airlines resume operations. This could be good news for Asian gaming companies who rely on Chinese high rollers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em><a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-daily-visitors-down-99-3-in-june\" target=\"_blank\" rel=\"noreferrer noopener\">Visitors from mainland China to Macau<\/a><\/em><\/strong> currently remain down by more than 90 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts expect the Chinese tourists\u2019 appetite for overseas travel to recover beyond 2019 figures within two years.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The China Outbound Tourism Research Institute (COTRI) forecasts Chinese outbound travel demand to surpass 2019 levels by 2022, based on strong industry optimism. This projected recovery signals a significant upside for Asian gaming operators, particularly those in Macau, who have experienced over 90% year-on-year declines in mainland Chinese visitation.","focusai_entities":"China Outbound Tourism Research Institute (COTRI), Wolfgang Georg","focusai_location":"China, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Operator Strategy","query":"What specific operational adjustments and capital expenditure plans are Macau-based integrated resort operators initiating to strategically position for the anticipated resurgence of Chinese high-roller visitation?"},{"label":"Regional GGR Impact","query":"Beyond Macau, how might the projected recovery of Chinese outbound tourism influence GGR projections and competitive dynamics across other key Asian gaming jurisdictions?"}],"footnotes":""},"categories":[157,16338,158],"tags":[227,257,21492],"class_list":["post-8286","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-china","tag-macau","tag-travelling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8286"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8286\/revisions"}],"predecessor-version":[{"id":19724,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8286\/revisions\/19724"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}