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RNCOS Releases Report on China Tourism Industry Analysis
The China tourism industry is scaling new heights with each passing year. As all the players are putting in their effort to bolster their position in China tourism industry and various industry players are looking to tap the opportunity, the leading research firm RNCOS has come up with its latest report "China Tourism Industry Analysis (2007-2011)".
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According to the report, globally, total tourist figure reached crossed 658 Million in 2006 and is estimated to touch 841 Million in 2011. After seeing slowdown in growth rate in 2002, the sector has recovered somewhat from the ongoing effects of SARS, America's 'war on terror' and with liberalization in regulation.
The report has divided the Chinese tourism industry into tourist arrival, receipts, and spending. The forecast given for tourism growth is based on the market trends, drivers, barriers, and business development issues. Tourism sector's picture in China is very rosy due to favorable market conditions such as economic growth and reforms.
CNY or RMB represents the Chinese Yuan. Exchange rate as on 6 Dec 2007 (1 US$ = 7.41256 RMB)
Key Issues and Facts
- Detail overview of the tourism industry at global level.
- Driving forces and challenges for the China tourism industry.
- Statistical overview of the Chinese tourism industry, including visitors by nation ality, sex and purpose.
- Forecast of the China tourism industry's receipts and expenditure.
- Outbound tourist profile of China.
>Key players
Key players section includes profile of Melco International Development Limited, Shanghai Jin Jiang International Hotels, Guilin Tourism Corporation Limited, China United Travel Co. Ltd & Beijing Capital Tourism Co. Ltd.
Research Methodology Used
Information Sources
Information has been gathered from various sources namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
Analysis Method
The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
About RNCOS E-Services Pvt Ltd.
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
For more information visit:
http://www.rncos.com/Report/IM575.htm
Current Industry News:
http://www.rncos.com/blog
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