{"id":5876,"date":"2008-03-14T05:31:52","date_gmt":"2008-03-13T21:31:52","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2008\/03\/14\/5876-chinese-tour-expenditure-to-become-second-worldwide\/"},"modified":"2008-03-14T05:31:52","modified_gmt":"2008-03-13T21:31:52","slug":"chinese-tour-expenditure-to-become-second-worldwide","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2008\/03\/14\/5876\/","title":{"rendered":"Chinese Tour Expenditure To Become Second Worldwide"},"content":{"rendered":"<p>According to the World Travel and Tourism Council, Chinese tour expenditure is expected to be ranked in second place worldwide in 2008.<!--more--><\/p>\n<p>A research report from WTTC indicates that in 2007, tourism related expenditure increased by 3.9%, and WTTC estimates that global tour spend will reach a total of EUR5.27 trillion in 2008, with a growth rate of about 3% &#8212; a little lower than that of 2007.<\/p>\n<p>WTTC forecasts that in 2008, Chinese tour expenditure will reach approximately US$590 billion, second only to the USA with a worldwide spend of US$1.75 trillion. This will be the first time for China to exceed German tour expenditure which will be US$506 billion in 2008, occupying fourth place. Japanese tour expenditure will be approximately US$514 billion this year, ranked in third place following Chinese.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the World Travel and Tourism Council, Chinese tour expenditure is expected to be ranked in second place worldwide in 2008.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-5876","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/5876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=5876"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/5876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=5876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=5876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=5876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}