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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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