If GDP is growing 5%-6%, travel will be 8%-9%, and we will be double that.
Asia's largest airline by passengers number plans to strengthen cooperation with global leading airlines such as AA (American Airlines), a Oneworld alliance member.
Chinese nationals accounted for 47% of the 17.2 million foreigners who visited South Korea in 2016, but the number of Chinese tourists fell 48.3% to 4.16 million in 2017.
‘Child-friendly activities’ was the top choice of our respondents in impacting their travel choice.
Growth is slowing, but travel players remain bullish; competition is rising, but incumbents remain bold; the big are getting bigger, but the small are undaunted.
Travel brands need to dig deep into certain habits that are being fuelled by emerging apps and platforms, for instance, the popularity of short videos, says Chen.
Digital travel sales in China will total $133.90 billion in 2018, a 20.5% increase over 2017.
Start-ups in Europe and Asia provide online booking services for medical travelers, as well as other services in partnership with Airbnb, TripAdvisor, Agoda and other travel platforms.
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