Surveys, Trends & Stats UNWTO: China Remains World’s Top Tourism Spender by GTP editing team 18 April 2017 written by GTP editing team 18 April 2017 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 9 ©pixabay Tourism expenditure from major outbound markets reflected an increasing demand for international tourism across the world in 2016, according to the latest UNWTO World Tourism Barometer. With a 12 percent increase in spending, China continued to lead international outbound tourism, followed by the United States, Germany, the United Kingdom and France as top five spenders. “The latest data on outbound tourism spending are very encouraging”, said UNWTO Secretary-General, Taleb Rifai. “Despite the many challenges of recent years, results of spending on travel abroad are consistent with the 4% growth to 1.2 billion international tourist arrivals reported earlier this year for 2016,” he added. Chinese tourists spent 12 percent more on tourism abroad in 2016, as international tourism expenditure grew by US$ 11 billion to US$ 261 billion. The number of outbound travellers rose 6 percent to 135 million in 2016. This growth consolidates China’s position as number one source market in the world since 2012. Tourism spending from the United States, the world’s second largest source market, increased by 8 percent in 2016 to US$ 122 billion, up by US$ 9 billion in 2015. Strong outbound demand was fuelled by a robust US dollar and economy. Germany, UK, France, Italy lead tourism spending in Europe Germany reported 5 percent growth in international tourism spending last year, rebounding from weaker figures in 2015, reaching US$ 81 billion. Demand from the United Kingdom remained sound despite the significant depreciation of the British pound in 2016. UK residents’ visits abroad were up by 7 percent to 70 million, with expenditure close to US$ 64 billion. France reported 7 percent growth in tourism expenditure in 2016 to reach US$ 41 billion. Italy recorded 1 percent growth in spending to US$ 25 billion and a 3 percent increase in overnight trips to 29 million. Among the largest 50 source markets, there were another nine that recorded double-digit growth in spending in 2016: Vietnam (+28 percent), Argentina (+26 percent), Egypt (+19 percent), Spain (+17 percent), India (+16 percent), Israel and Ukraine (12 percent), Qatar and Thailand (+11 percent). By contrast, outbound tourism from some commodity exporters continued to be depressed as a consequence of their weaker economy and currencies. Expenditure from the Russian Federation declined further in 2016 to US$ 24 billion. International tourism spending from Brazil also decreased in 2016. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post New Zagori Project Aims to Attract Repeat Visitors next post Property Experts See Potential in Greek Hotel Sector You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ