Worldpay noted that 72% of Chinese respondents paid for their last holiday using a credit option.
Chinese tourists made 3.44 million trips to Thailand from January to April this year. Thai economy is still flagging while its tourism is showing outstanding vigor.
Chinese airlines need to hire 100 pilots a week for next 20 years to meet surging travel demand. Carriers are dangling lucrative pay packages at foreigners with experience.
Chinese outbound consumption reached RMB 1.5 trillion (USD 226.15 billion) in 2015, of which about half was spent on shopping, according to the Ministry of Commerce.
TravelClick found direct bookings were up 6% in the second quarter of 2016, while OTA only hiked 3.3%.
Airbnb pressing ahead with plans to expand into new travel services including restaurant reservations and city tours, transforming from a single-minded home-rental service to a multipurpose trip planner.
Chinese aviation authority plans to raise the bar on new domestic airline entrants amid market saturation and possible overcapacity.
Airbnb is pushing to get hosts more involved in travelers’ experiences and to influence how future homes are designed in order to differentiate itself from a growing number of rivals offering flexible short-term stays in apartments.