Hong Kong (2009-02-13)

THE global financial turmoil has hammered Beijing, with last years Olympic host city reporting a nearly 20 per cent fall in foreign arrivals in January, compared with a year ago.

The less-than-auspicious start to the year comes after Beijing reported a ..." />
 
Thursday . June 20 . 2019
         
 
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Beijing registers drop in January arrivals
 
Hong Kong (2009-02-13)

THE global financial turmoil has hammered Beijing, with last year's Olympic host city reporting a nearly 20 per cent fall in foreign arrivals in January, compared with a year ago.

The less-than-auspicious start to the year comes after Beijing reported a 13 per cent drop in inbound tourism last year, when the city hosted the Summer Olympics.

Last month, the Chinese capital received 212,000 arrivals, comprising 44,000 from Greater China markets outside the mainland and 168,000 from outside the three markets.

While arrivals from the three Greater China markets were up 39 per cent year-on-year, foreign arrivals were down  27.5 per cent.

All three of Beijing major source markets - the US, Japan and South Korea - contracted in January, with visitor numbers falling 6.2 per cent, 45.3 per cent and 49.9 per cent respectively.

On top of staggering reductions from Japan and South Korea, arrivals from Asia also fell by 36.6 per cent, underscoring weakness in regional markets, which were expected to take up the slack of longhaul losses amid the global economic slowdown.
 
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