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On January 17th, 2018, WTCF released the Report on World Tourism Economy Trends (2018) in Beijing. The Report on World Tourism Economy Trends is a special report, which is WTCF’s research on the dynamic tendency and prediction of the world tourism economi
As the 2018 traditional Chinese Spring Festival is around the corner, WTCF held the 2018 New Year Reception in Beijing to express its gratitude to those that support and help WTCF, including tourism organizations, city members, institutional members, medi
On January 17th, 2018, WTCF released the Report on World Tourism Economy Trends (2018) in Beijing. WTCF Specially Appointed Experts, Director of the Tourism Research Center, Chinese Academy of Social Science (CASS), Dr. Song Rui released the report.
Based on research and analysis on the total scale of the global tourism economy and other essential data, and following the idea of the “function of tourism in the world economic pattern”, the Report on World Tourism Economy Trends (2018) offers an insight on the profound research in four aspects and predicted the eight trends of development of the world tourism economy of 2018. From 2010 to 2016, the total market capitalization of the 50 tourism companies increased from 356.168 billion US dollars to 785.983 billion US dollars, with their Compound Annual Growth Rate (CAGR) increasing by 14.04% and their total...
