WhereDaily News: Phocuswright Research Finds M-Commerce, Youth Feed China's Outbound Travel Boom

NEW YORK, NY--(Marketwired - April 28, 2016) - Chinese travelers are relatively inexperienced with overseas trips, but thanks to decades of increasing prosperity, along with the recent easing of visa restrictions, they are making up for lost time. If recent adverse economic events have Mainland households protecting their savings, overseas travel does not seem to be the first budget item to be trimmed, according to a new report from travel industry research authority, Phocuswright. Chinese travelers spent US$205.7 billion, or ¥1.3 trillion, on outbound trips in 2015.

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