What impact will RMB depreciation have on outbound tourism?

The rising cost of outbound travel is mainly manifested in:

1. The most direct impact of RMB depreciation on our lives is to travel abroad. Yang Yanfeng, an associate researcher in china tourism academy, said: "The quotation period for outbound travel is relatively long. Because of the depreciation of the renminbi, the cost of travel agencies will definitely increase accordingly, and the travel society will report higher prices in the future. " In particular, if the RMB depreciates for a long time, it will definitely have a significant impact on outbound tourism. Outbound air tickets and hotel prices will rise. Under the background of the rising dollar, the route to the United States naturally bears the brunt.

2. With the devaluation of RMB, the six elements of food, housing, transportation, shopping and entertainment have all increased in price, among which accommodation and transportation are the most important parts of outbound consumption. Once the price changes, the cost of outbound travel will suddenly increase.

3. Traveling abroad naturally needs to be bought from buy buy. For people who love to buy cosmetics, watches and bags, the depreciation of RMB means that you have to spend more money.