Tag: Highest Tourism Spends
Macau and Hong Kong have the highest international tourist spending: WTTC Report
The special administrative regions of Macau and Hong Kong experience the highest international visitor spending, according to highlights of a report by the World Travel & Tourism Council’s (WTTC) annual City Travel & Tourism Impact Report on Monday. The report noted that Macau has the highest foreign tourists spending making up 97.3 per cent of tourism gross domestic product (GDP) at USD 35.6 billion. Tourists from the China mainland are also considered as foreign tourists in this report. In 2017, a total USD 14.3 billion of tourism GDP was generated in Macau, placing it among the top 20 in terms ... Read more