Why China’s real estate crisis should make the global travel industry nervous
- Written by Zhiyong Yang, Professor of Marketing, Miami University
The global tourism industry is rebounding – but cautious Chinese consumers are choosing to stay closer to home.DuKai photographer/Moment/Getty ImagesOnce upon a time – in 2019 – tourists from China were among the best-traveled in the world. They collectively spent more than US$250 billion abroad – nearly twice as much as...
