Theme parks in the China market will tend to cluster around : Shanghai Bund, Guangdong province and Hainan.
Jiuhua Tourism issued 27.68 million shares at RMB12.08 per share at a price-earnings ratio of 20.47 bringing its total issued shares to 110.68 million.
Foreign tourism boards are trying to capitalize on this opportunity as international travel is increasingly getting more accessible for Chinese households.
The Oxford report also forecasts accelerated growth in the global tourism industry in the next ten years spurred by China and other emerging markets.
Schengen zone's biometric visa applications might cause Chinese visitor arrivals to those regions to plummet, according to officials.
“The 4.5% growth in inbound number last year was a major highlight for Shanghai,” a tourism industry observer said.
Concerns about the Chinese economy, environment and education is contuing to fuel demand for Chinese immigration.
China has overtaken Germany as the top visitor source market to Russia with 1.1 million arrivals last year as recorded by the Border Service of Russia.