Chinese high-end travelers contributed over 80% overall overseas expenditure though they represented just around 20% in the population. Post-90s and post-00s combined accounted for 32% of total outbound travelers. Tier-2 cities showed stronger growth momentum in population and per capita spending than tier-1 cities.
Chinese went on 130 million person-trips to overseas with a total expenditure of US$115.29 billion in 2017, remaining its position as the biggest source market for outbound travel. This figure was estimated to hit 140 million by the end of 2018, according to the report from Ctrip and MasterCard.
High-end travelers contributed over 80% to overall overseas expenditure, with per capita expenditure four times more than that of overall outbound tourists, though they repre...
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