Successfully catering to the growing number of Chinese hotel guests

Posted by Newsdesk
On 30th March 2016
arlt, chinese, feature, hospitality, hotels, interview, outbound, tourism

Despite a slowing economy and recent stock market turmoil in China, the interest of Chinese people in outbound travels has not been negatively impacted. According to new findings by the United Nations World Tourism Organization (UNWTO), Chinese outbound tourists are the top source of tourism expenditures in the world. Other statistics show that people from […]

Competition between Marriott International and Chinese Anbang Insurance

Posted by Newsdesk
On 22nd March 2016
anbang, china, expansion, hotels, insurance, investment, marriott, starwood

China’s Anbang Insurance plans to acquire Starwood Hotels and Resorts Worldwide, for $76 a share in cash, or $13.2 billion in total. This decision undoubtedly provides a competitive bid against Marriott International, which announced $12.2 billion as their proposed deal for Starwood Hotels and Resorts Worldwide. Joan Eisenstodt, owner of Eisenstodt & Associates in Washington […]

Worldwide cruise operators are stepping up efforts to attract more Chinese travelers

Posted by Newsdesk
On 18th March 2016
caissa, chinese, cruises, investment, outbound, ships, tourism

The international cruise industry is currently growing at an unprecedented pace with an increasing focus on attracting guests from Asia. Chinese tourists have now become a significant target group presenting the international cruise industry with new opportunities for growth and expansion. According to statistics from the Cruise Lines International Association, almost 700,000 of 110 million Chinese […]

Chinese companies are on their way to capture the global hotel investment market

Posted by Newsdesk
On 17th March 2016
anbang, hotel, investment, jin jiang, property, waldorf astoria, wanda

Since 2012, China has become the largest source market of outbound tourists for a number of European destinations. In the wake of this rapid growth of Chinese tourist numbers, a significant number of prominent China-based investors have begun to show interest in acquiring European hotels. A well-known Madrid landmark, the Edificio España was acquired by […]

COTRI’s Professor Arlt in ITB Panel Discussion

Posted by Daniel Meesak
On 14th March 2016
alitrip, arlt, berlin, china, ctrip, discussion, itb, jin jiang, outbound, panel, tourism

COTRI’s Prof. Dr. Wolfgang Georg Arlt took part in the panel discussion “Focus on Asia: The Future of China’s Outgoing Tourism in Times of Economic Downturn” during ITB Berlin, Wednesday 9 March. Joining Professor Arlt on stage were Sherri Wu of Alitrip, Joseph Xia of Jin Jiang, and John Zhong of Ctrip. The panel discussion […]

Professor Arlt representing COTRI in Macau

Posted by Daniel Meesak
On 8th March 2016
development, event, forecast, macau, outlook, presentation, workshop

COTRI’s Prof. Dr. Wolfgang Georg Arlt held a presentation at the Macau University of Science and Technology, providing insights into the Chinese outbound tourism development and sharing COTRI’s expertise in this field. The presentation titled “Keeping Pace with the Development of Chinese Outbound Tourism in 2016” focused on the 2016 outlook for the Chinese outbound tourism market […]

The number of Chinese tourists visiting the U.S. is expected to grow more rapidly in the next years

Posted by Newsdesk
On 4th March 2016
china, tourism, U.S., visa

As 2016 will be the U.S. – China tourism Year, both countries have launched a series of campaigns to boost the tourism development. Different states in the U.S. are investing more in the marketing activities in China, and New York City as well as California are the most popular destinations among Chinese tourists. However, America […]

Nevada seeks to attract more Chinese tourists in the U.S. – China Tourism Year

Posted by Newsdesk
On 3rd March 2016
2016, china, Nevada, tourism, U.S.

Tourism officials from Nevada participated in the opening ceremony of the U.S. – China Tourism Year in Beijing, which showed the concern of the state to receive more Chinese tourists in the future. Participants of the ceremony, which was organized by Brand USA, included Nevada Department of Tourism and Cultural Affairs Director Claudia Vecchio and […]

The United States and China focus on the future tourism rise

Posted by Newsdesk
On 1st March 2016
2016, china, tourism, United States

Brand USA, which is responsible for the promotion of inbound tourism in the U.S., will host an event in Beijing next week focusing on promoting tourism between China and the U.S. The 2016 U.S.-China Tourism Year will have its opening ceremony February 29th. The CEO of Brand USA as well as the U.S. Ambassador to […]