While 2016 was challenging, impacted by terrorist attacks in Europe and weaker spending in the US, the tide turned in the third quarter of 2016, largely driven by the wealth effect among Chinese consumers, the report said. Other driving factors affecting Chinese international tourist ambitions include extra holidays, easing travel restrictions and greater desire for experiencing different cultures and activities. Chinese international tourism spending has more than tripled since the US$73 billion (Bt2.5 trillion) recorded in 2011, reaching $261 billion in 2016. CLSA anticipates Chinese tourist spending overseas will reach $429 billion in 2021. While Chinese tourists express a stronger desire for new experiences, safety remains a key concern. CLSA’s 2017 survey findings indicate that 70 per cent of respondents claim safety as the most important factor influencing destination choices, followed by travel costs and sightseeing. Events such as the terrorist attacks in Europe and political instability on the Korean Peninsula greatly impacted travel decisions, with Korea especially suffering the loss in visitor numbers to other regional destinations such as Vietnam. Get the full story at The Nation