Chinese overseas real estate portal and ski property portal SnowOnly have signed a partnership, reports OnlineMarketplaces (30 May 2019). China will host the 2022 Winter Olympics in Beijing and snow sports business is expected to grow up to US$149 biilion by 2025. CEO and Director Carrie Law said, "The research shows that about 18 per cent of Chinese skiers have skied overseas. Their top ski destinations are Japan, South Korea, and Switzerland but we expect to see this expand to other well-known ski destinations in France, Austria and Italy. The top destinations for Chinese home buyers are the United States and Australia."