Think about the population of China and India and the newly affluent middle class with money to spend. Imagine more favorable government policies and increased airline flight services. Then you can get a picture of the booming bilateral tourism of the two Asian giants.
“The tourism market between China and India is developing really fast and we find the growth potential to be huge,” said Zhuge Hong, general manager of Sanya Holiday Travel India Ltd.
The Hainan-based Chinese tourism agency recently opened its first sales office in New Delhi, aiming to take …

Asia Pacific is powering ahead as one of the most dynamic regions for world tourism in 2010. Outbound travel is increasing at double-digit rates and will end this year well ahead of 2008 levels, thus setting a new record, according to the newly-published ITB World Travel Trends Report from Messe Berlin. The prospects for further growth in 2011 are looking good.
New all-time high for outbound travel in 2010
Asia Pacific is demonstrating this year that it is one of the engines driving world tourism forwards. In 2009 there was a 9% …

The Chinese Premier Wen Jiabao’s entourage includes some 400 business leaders — far more than the number that accompanied Barack Obama or Nicolas Sarkozy — may not be accidental.
For the Chinese, an India trip means business before leisure.
A survey by the Indian tourism ministry shows that more Chinese, compared with other foreign visitors, come with “business and professional’’ purposes. Of the 96,997 Chinese who came to India in 2009, as many as 50.4 per cent said business was their priority.
Another 41.5 per cent said they had come on vacation and …

China and India are the key hospitality markets that by 2015 will have rapid tourism growth on year-on-year basis than the United Kingdom, France or Japan, reveals a new report.
According to Hospitality 2015: Game Changers or Spectators by Deloitte, middle classes of China and India along with the aging population of the US are two demographic trends that will create new patterns of travel and demand.
It says the middle classes of China and India will create new trends as their travel patterns evolve from domestic to regional to …

UKTI research: Emerging markets in the global recession

Published:
18 September, 2009

The worst of the current global recession may now be over. Overall, emerging markets have performed better than developed economies (which have suffered their worst economic downturn in over 60 years). But conditions vary widely and are far from rosy. Although China and India have continued to grow rapidly, albeit at a less relentless pace than previously, Latin America has performed as poorly as Western economies, while Eastern Europe has performed even worse.
Apart from the impact of the economic downturn, companies …