Business Standard

Trade war impact? Asia's beaches go quiet as Chinese tourists stay home

The Chinese travel boom in the region is now in reverse gear

Tourism
Premium

The decline is already showing up in some hotel operators’ results

Randy Thanthong-Knight, Harry Suhartono & Xuan Quynh Nguyen | Bloomberg
From quiet beaches in Bali to empty rooms in Hanoi’s hotels, pangs from China’s economic malaise and weakening yuan are being felt across Southeast Asia’s vacation belt.

A boom in Chinese outbound travel in recent years that stoked tourism across Southeast Asia is now in reverse gear. The abrupt decline of Chinese travellers is becoming a painful lesson for nations such as Thailand and Indonesia that had become overly dependent on Asia’s top economy.

“The slump in Chinese arrivals and tourism spending is being felt throughout the region,” said Kampon Adireksombat, Bangkok-based head of economic and financial market research at Siam Commercial

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in