Slide3: Tourism Satellite Accounting


TSA Milestone: TSA Milestone


WTTC’s TSA Research: WTTC / OEF From Strategy and Concepts to Implementation, Model Building, Hard Data, Research, Analysis And Reporting u 13 Years of Commitment WTTC’s TSA Research


Slide6: The China TSA Estimates


China - T&T Demand: 2004 Personal Travel & Tourism Business Travel Government Expenditures Capital Investment Visitor Exports Other Exports China - T&T Demand


China - T&T Demand: China - T&T Demand


T&T Industry and Economy: T&T Industry and Economy Consumption (Industry) Demand (Economy)


China - T&T GDP: 1990 Constant US$ Bn T&T Economy GDP Cumulative Real Growth % Industry Economy China - T&T GDP


T&T Economy GDP: T&T Economy GDP WTTC’s League Table Extract (Year 2003, % of Total GDP) 4 Macau, China 54.8 50 Malaysia 12.2 53 Thailand 11.8 61 Hong Kong, China 11.0 68 China 10.3 72 Indonesia 9.8 73 Singapore 9.8 85 Japan 8.9 109 Korea, Republic of 7.5 110 Philippines 7.4 116 Vietnam 6.9 137 Chinese Taipei 4.9 Table extracts normalized for SARS


T&T Economy GDP: T&T Economy GDP WTTC’s League Table Extract (10-Year Real Growth Annualized, %) 8 Malaysia 8.2 9 China 8.1 21 Hong Kong, China 7.2 31 Vietnam 6.7 38 Thailand 6.5 43 Indonesia 6.4 50 Singapore 6.3 61 Chinese Taipei 6.1 70 Macau, China 6.0 101 Korea, Republic of 5.4 106 Philippines 5.3 161 Japan 1.5 Table extracts normalized for SARS


China - T&T Employment: Millions of Jobs T&T Economy Employment Cumulative Real Growth % Industry Economy China - T&T Employment


T&T Economy Employment: T&T Economy Employment WTTC’s League Table Extract (Year 2003, % of Total Employment) 3 Macau, China 68.4 62 Japan 10.4 66 Malaysia 10.1 70 Philippines 9.7 83 Thailand 8.6 87 Korea, Republic of 8.4 91 Indonesia 8.1 95 Hong Kong, China 7.6 97 China 7.5 105 Singapore 6.6 118 Vietnam 5.5 119 Chinese Taipei 5.5 Table extracts normalized for SARS


T&T Economy Employment: T&T Economy Employment WTTC’s League Table Extract (10-Year Real Growth Annualized, %) 13 Malaysia 6.4 14 Singapore 6.3 23 Hong Kong, China 5.6 56 Macau, China 4.5 61 Indonesia 4.3 99 Vietnam 3.2 107 Chinese Taipei 3.1 115 Thailand 2.8 128 Philippines 2.2 134 China 1.9 142 Korea, Republic of 1.7 161 Japan 0.0 Table extracts normalized for SARS


Slide16: The China T&T Policy Assessment


Slide18: Asian Development Bank Association of Better Business & Tourism Services Beijing Institute of Tourism Census Statistics Department, Hong Kong SAR China Association of Travel Services China National Tourism Administration China World Hotel Great Eagle Hotels International Hong Kong and Shanghai Hotels, Ltd Hong Kong Tourism Board Hyatt International Hotels & Resorts International Air Transport Association International Travel Services Branch of Shanghai Tourism Association Invest Hong Kong MK Corporation, Ltd Okura Garden Hotel Shanghai Quality Tourism Services Scheme, Hong Kong Shanghai Airlines Co, Ltd Shanghai Business International Travel Service Co Shanghai China International Travel Service Co, Ltd Shanghai Municipal Tourism Admin. Commission Shanghai Yuyuan Tourist Mart Co, Ltd The Chamber of Tourist Commerce, All-China Federation of Industry Commerce The Govt of the Hong Kong SAR The Hong Kong Polytechnic University Tourism Commission, Hong Kong SAR Tourism Research Cntr, Chinese Acad. Social Sciences Travel Industry Council of Hong Kong


Slide19: Giovanni Angelini CEO & Managing Director, Shangri-La Hotels and Resorts Henrik Bartl Head of Specialized Property Finance, Aareal Bank Bernard Bialylew Director, Gullivers Travel Associates Robert H Burns Chairman, Robert H Burns Holdings Ltd Martin Büse CEO, TUI China Gary Charlwood Founder, Chairman & CEO, Uniglobe Travel (International) Inc Dave Clifton Managing Director Europe & Asia, Interval International Glen Davidson Senior VP, Travel Insurance and Related Services, Worldwide Accident and Health Division, AIG Robert F Dodds Jr Vice President, Investment Banking Department, China International Capital Corporation Ltd Edouard Ettedgui Managing Director, Mandarin Oriental Hotel Group Andreas Flaig Head of International Hotel Advisory, Aareal Bank Richard Hartman Head of Asia Pacific Hotels, Six Continents plc Michael Hobson Senior Vice President, Sales & Marketing, Mandarin Oriental Hotel Group Fred Howard President, Boeing China Inc Huang Jie Chief Representative, American Express, Shanghai Geoff Garside Senior Vice President, Marriott Lodging International Susanna Hui Director of PA&C for Hong Kong & China, American Express LJ Jia Vice President & Country Manager China, American Express Rick S Kirkbride Chairman, Resort, Restaurant & Recreation Practice Group, Paul, Hastings, Janofsky & Walker LLP Paul Kirwin President & Managing Director, Carlson Hotels,Asia Pacific Hans Lerch CEO, Kuoni Travel Holding Ltd Eric Levy Executive Vice President, Colony Capital James Lu Executive Director, Hong Kong Hotels Association J W Marriott Jr Chairman, Marriott Corporation Linda L Ngan Solicitor, Koo and Partners in association with Paul, Hastings, Janofsky & Walker LLP Lu Ni Chief Representative, GCW Consulting David Richardson General Manager International Relations,Government & Industry Affairs Group, British Airways Per Setterberg CEO, Global Refund A B Liu Xian Sheng Chief Representative, American Express, Guangzhou Steven Siqueira Director, Government Affairs, Japan/Asia/Pacific/Australia, American Express International, Inc Ian Swain Chairman & CEO, Swain Travel Services Inc Trevor de Vries Deputy Managing Director, Mondial Assistance Group Richard Willis Managing Director, P&O Travel Scott J Woroch Vice President, Business Development,Asia Pacific, Four Seasons Hotels and Resorts Wang Kai Yuan President & Chairman, Air China James Wilson Vice President Public Affairs, Six Continents plc Eugene Xi Chief Representative, American Express, Beijing Chao Robert Zheng Manager of Business Development, Greater China, Wimberly Allison Tong & Goo


Slide20: China has the potential to become one of the world’s great tourism economies. • The effort necessary to make this happen is staggering.


The Policy Agenda: Tourism Management National Tourism Org Public-Private Sector Partnerships Tourism Planning Industry Measurement Domestic Tourism Outbound Tourism Product Development Budget Hotels The MICE Market Timeshare Development of Western China Human Capital Financial Services Aviation Open Skies Financing The Policy Agenda