Chinese customers now account for 31 % of global luxury shopping

Posted by Daniel Meesak
On 16th November 2015
china, europe, growth, hong kong, luxury, macau, shopping, spending, tax free, trend

According to Bain & Company’s 2015 Worldwide Luxury Report, Chinese customers represent the largest group of customers for luxury products, holding a 31 % share of luxury shopping globally, followed by the United States (24 %), and Europeans (18 %). Despite that, Bain & Company reports that Asia performed historically poorly in the luxury market, […]

COTRI presenting Chinese outbound tourism insights for OECD tourism expert group

Posted by Daniel Meesak
On 13th November 2015
cotri, oecd, presentation, south east europe, tourism expert group, western balkans

As part of OECD’s Regional Programme for South East Europe, COTRI China Outbound Tourism Research Institute was invited to present insights and knowledge about the Chinese outbound tourism market, and its economic potential for destinations in the Western Balkans. The presentation is part of OECD’s Tourism Expert Group, working towards bridging the skills gaps in […]

Popularity of marathons soars in China, presenting big opportunities for tourism

Posted by Daniel Meesak
On 12th November 2015
china, chinese, growth, marathons, outbound, sports, tourism, tourists

Marathons are gaining significant traction in China, fueling tourism growth and an explosion of the number of marathons held in the country. According to official data from the Chinese Athletic Association, the number of official marathons held in China has risen from 22 in 2011 to 120 held so far in 2015. They predict that […]

Double-digit growth in Chinese tourism to Dubai

Posted by Daniel Meesak
On 11th November 2015
china, dubai, growth, outbound, tourism, tourist, tourists

Chinese tourism to the United Arab Emirate of Dubai increased by 25 percent year-over-year in the first half of 2015, making China one of the top five key markets for Dubai Tourism – and reinforcing the strength of China’s outbound tourism potential. “The Chinese travel industry has been on a constant upswing, giving us an […]

Vietnam launches biggest ever promotional campaign in China

Posted by Daniel Meesak
On 10th November 2015
china, chinese, cruises, promotion, second wave, tourism, tourists, vietnam

In response to falling arrival numbers from China following last year’s tensions in the South China Sea, Vietnam has now launched its biggest ever promotional campaign for inbound tourism from China. Despite Chinese visitors representing a quarter of Vietnam’s foreign arrivals, the numbers for the first ten months of this year show a 15 percent […]

Japanese multinational SoftBank starts travel agency targeting Chinese customers

Posted by Daniel Meesak
On 4th November 2015
alitrip, chinese, ctrip, FIT, japan, ota, qunar, softbank, tourism

Following the sharp rise in Chinese tourists visiting Japan, the Japanese multinational SoftBank Group – best known for its position as one of Japan’s largest cell phone carriers and recently acquiring American carrier Sprint – is now looking to enter the Chinese tourism market by launching a travel agency in China. The new travel agency […]

Singapore launching digital services for tech-savvy Chinese tourists

Posted by Daniel Meesak
On 3rd November 2015
chinese, digital, services, singapore, social media, tourism, tourists, wechat

The Singapore Tourism Board (STB) launched a new suite of digital services for Chinese tourists last week to better service Chinese visitors to the small island nation. STB argues that it is crucial to properly engage with the digitally-savvy Chinese customers and enable them to effectively share their travel experiences in Singapore on social media. […]

Japanese airport corporations to compete for Chinese tax-free shoppers with downtown stores

Posted by Daniel Meesak
On 2nd November 2015
airport, chinese, cosmetics, duty free, japan, outbound, shopping, tax free, tourism, tourists

Japanese airports are facing increased competition from downtown tax-free shops for tourist shopping, as the Japanese government target of 10,000 tax-free shops by 2020 has already been reached and with the number of shopping-oriented tourists from China rapidly increasing in their arrivals to Japan. Japan changed its regulation in regards to tax-free shopping on October […]

Hong Kong looking at relaxing travel restrictions for mainland tourists

Posted by Daniel Meesak
On 30th October 2015
china, hong kong, policy, regulations, restrictions, tourism, tourists

As the number of mainland tourists visiting Hong Kong has not only slowed down in recent years, but also decreased during the last months, Hong Kong is now looking at easing the travel restrictions for individual mainland tourists. Dai Bin, the president of China Tourism Academy says that the central government is willing to consider […]

Mergers continue in China’s tourism industry as Ctrip and Qunar enter strategic partnership

Posted by Daniel Meesak
On 29th October 2015
alipay, china, ctrip, market, merger, qunar, tourism

China’s leading travel websites, Ctrip.com and Qunar announced on Monday that they will enter a strategic partnership, thus together forming China’s biggest online travel agent (OTA). In more technical terms, they will conduct a share swap that results in Ctrip owning a 45% stake in Qunar, and Qunar parent Baidu will own a 25% stake […]

Page 3 of 6‹1 234 5 ›»