Travel industry looks to China, India, Brazil for boom

Estimated two billion new middle class consumers expected to come into the markets from these emerging powerhouses

Travel News
Travel News

China, India and Brazil are poised to fuel an explosion in international tourism in the coming years, showering money and jobs on countries ready for it, and trouble for those that aren't. This was revealed at the 11th Global Travel & Tourism Summit held at Las Vegas

With an estimated two billion new middle class consumers expected to come into the markets from those emerging powerhouses over the next two decades, the travel industry sees a potential gold rush ahead.

"The growth of China outbound travel is moving at a huge pace it is about 20 per cent increase every year. And the number of outbound Chinese travelers hit 58 million last year," said David Scowsill, CEO of the World Travel and Tourism Council.

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