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Chinese tourists
ChinaMoney & Wealth

Young, rich ... and cool: China’s Gen Y travellers prefer Arctic adventures to Asian holidays

For mainlanders with a half-million yuan to spend on luxury vacations every year, regional destinations no longer hold much appeal

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Chinese millennials are more attracted to adventurous places such as the polar regions, Africa and the Middle East, according to a new study by Hurun Report. Photo: Corbis
Alice Yanin Shanghai

Travellers from China’s so-called Generation Y are more attracted to adventurous places such as the polar regions, Africa and Middle East than Southeast Asia, Japan, South Korea and Hong Kong, a wealth research firm has found.

“The Chinese Luxury Traveller 2016” report released by Shanghai-based Hurun Report focuses on young luxury travellers aged between 18 and 36.

Such people spend an average of 420,000 yuan (HK$496,000) on travel per household each year, and 220,000 yuan on shopping tourism – mainly on clothing, bags, watches and jewellery.

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These young luxury travellers went abroad three or four times a year, mainly for leisure, the report said.

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Although only 8 per cent of them travelled to Africa and another 8 per cent to the Middle East last year, 23 per cent of the interviewees said they were interested in visiting Africa in the next three years, while 18 per cent said they would go to the Middle East.

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