Future of Travel Industry in China: already over $100bn pa - travel industry keynote - VIDEO

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Patrick Dixon, YouTube Futurist Keynote Speaker - Recent Futurist YouTube Videos - Keynote Speaker

Expect spectacular growth of aviation and rail travel in emerging economies such as China and India. Conference keynote speaker Patrick Dixon at ATH / American Express (Amex) Moscow event. The irresistible human desire to travel, explore, and gain new experiences will underpin consistent global growth in travel and tourism, despite new carbon and aviation taxes. Globalisation will also continue to force executives to sacrifice home life for travel, despite growth of teleworking and virtual teams. China travel bookings are already worth more than $100bn a year of which $15bn was booked online in 2012 -- up 500% on 2008 figures. Expect huge changes in how people are organizing their own travel. Business travel will grow every year over the next 20-30 years, powered by growth in emerging markets, while travel within the EU and the US will remain relatively static. Russia internal and international air travel will also grow rapidly. Asia will represent more than 40% of the global economy in Purchasing Power Parity by 2015.

http://www.youtube.com/watch?v=hFH6nDQW0AU


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