Zimbabwe Banks on Chinese Tourists to Boost $1.2B Tourism Industry

Zimbabwe's $1.2 billion tourism industry depends heavily on Chinese tourists, especially around Spring Festival.
Tourism is Zimbabwe's third largest sector after mining and agriculture.
Total tourists grew 50% to 530,000 in early 2023, and revenues grew 16% to $343 million.
Zimbabwe aims to attract more Chinese tourists through its Sanganai/Hlanganani Tourism Expo event in October.
The country relies on tourism for economic growth, jobs and foreign currency, with attractions like Victoria Falls.

businessinsider.com

Relevant topic timeline:

8/24/2023

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Tanzania Investment and Tourism Boom - $1B Investment Surge in August Creates 25,000+ Jobs

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Posted 9/27/2023, 7:01:38 AM

Zimbabwe Banks on Chinese Tourists to Boost $1.2B Tourism Industry

Zimbabwe's $1.2 billion tourism industry depends heavily on Chinese tourists, especially around Spring Festival.
Tourism is Zimbabwe's third largest sector after mining and agriculture.
Total tourists grew 50% to 530,000 in early 2023, and revenues grew 16% to $343 million.
Zimbabwe aims to attract more Chinese tourists through its Sanganai/Hlanganani Tourism Expo event in October.
The country relies on tourism for economic growth, jobs and foreign currency, with attractions like Victoria Falls.

businessinsider.com

Relevant topic timeline:

8/24/2023

Chinese tourism will flourish even as economy weakens: travel executive

China's tourism industry is expected to grow faster than its GDP as Chinese consumers shift their spending from property to travel experiences, according to the CFO of Tongcheng Travel.

9/11/2023

Trip.com Predicts Sustained Growth Despite Economic Concerns As China's Travel Boom Continues

9/11/2023

Tanzania Tourism Revenues Hit Record $2.99 Billion as Visitor Numbers Surge

9/13/2023

China's Real Estate Crisis Dampens Consumer Spending, Hurting Businesses at Home and Abroad

9/18/2023

Tanzania Investment and Tourism Boom - $1B Investment Surge in August Creates 25,000+ Jobs

10/7/2023

Chinese Travel Rebound During Holiday Offers Temporary Relief Amid Broader Economic Concerns