Chinese Tourists: America their Most-favored Holiday Destination

According to a latest report from brokerage CLSA, by 2020, the number of Chinese visitors visiting United States will be more than triple. The new generation will comprise a confident, more travel-savvy Chinese tourist that is prepared to bridge out from traditional vacation spots like Hong Kong and Macau.

Experienced Chinese travelers ranked U.S. as their most-liked vacation destination, if money was no object, higher than any other destination. Travelers ranked the U.S. as the second most well-liked vacation spot for the first time.

Chinese visit U.S. mainly for shopping, CLSA said that the Chinese splurge an average of $4,400 per trip on everything from high-end hotels to cosmetics, making them the second-biggest spenders after visitors from India. In addition to shopping, the new wave of Chinese tourists have another set of preference that will make Las Vegas casino owners drool.