Newsletters — July 30, 2015

Chinese Luxury Travel – COTTM 2016

Source: COTTM 2016/Hotels.comBig-spending Chinese travellers are pumping thousands of dollars each day into destination economies.  According to the Chinese International Travel Monitor 2015 by Hotels.com, the top 5% of Chinese travellers – the so-called “super-luxury” class – spend an average of US$3,368 per day when travelling overseas. Disposable personal income in China grew to an all-time high in 2014, giving the country’s citizens more money to spend on travel.  By 2019, Chinese outbound tourists will spend US$264 billion abroad.ToolBox is organizing again for COTTM event in 2016 a stand for all travel trade located in Baltic states, Scandinavia and Russia. The stand is called “Green North”. There is also possibility to attend at luxury travel section for extra fee. If interested contact Mr. Kari Halonen, kari.halonen(at)toolboxtravel.fi