Chinese tourists may have made headlines last year for their embarrassing behavior but with outbound tourists projected to double over the next six years, countries are likely to welcome their renminbi with open arms.
According to a new report by CLSA, the number of mainlanders traveling abroad is expected to hit a whopping 200 million per year by 2020, double last year's figure.
As personal income levels in China grow, travel is increasingly becoming the preferred outlet for the newly monied middle class. By 2020, CLSA predicts 27 provinces will see per-capita gross domestic product spending top $8,000, up from only 10 provinces in 2012.
Asia to shine
The Asia-Pacific region stands to benefit the most from China's travel boom, with Hong Kong and Macau expected to be the top international destinations due to their large-scale entertainment and gaming complexes.