The Guam Visitors Bureau (GVB) invites local businesses to organize for the expected increase of Chinese visitors to Guam by attending its symposium to benefit the most recent market trends and the way it may possibly benefit business. With the support of the Pacific Asia Travel Association (PATA), GVB will host a China Outbound Travel Market Symposium on May 22.
In Calendar Year (CY) 2012, Chinese outbound departures achieved 83.18 million in total, representing a year-on-year growth of 18.41%. The choice of outbound departures is predicted to maintain increasing at a regular growth rate of over 10% in next 10 years. By 2015, about 100,000 million outbound departures is forecasted, in keeping with Mr. Shao QiWei, Chairman of the China National Tourism Association (CNTA). Arrivals from China to Guam rose from 7,068 to eight,939 – an important increase of 26.5% in comparison to CY2011. While China arrival numbers are expected to continue to rise, a visa waiver for China would increase visitor arrivals dramatically. It really is important because Chinese outbound travelers, who’ve high incomes and are well educated, have steadily increased over the last several years, and Guam’s economy can benefit by obtaining market share from this lucrative target segment.
“There is extensive work being done in Guam and Washington DC to facilitate a visa waiver for China,” said GVB General Manager Karl A. Pangelinan. “Based on information Governor Calvo brought back from meetings on his recent trip to the nation’s capitol, we think a call to be made later this year.”
GVB hosted the primary symposium in October 2010, which inquisitive about understanding the profile of Chinese outbound travelers and the way to generate relationships with Chinese agencies to construct Guam’s awareness in China. This year, the symposium is scheduled for May 22, 2013 and may be a whole-day event fascinated by the right way to maximize opportunities in welcoming increasing numbers of Chinese visitors by meeting their travel want and desires.