The role of cultural city tourism to be addressed at the EU-partnered GTEF 2018 in Macau

Posted by Newsdesk
On 17th October 2018
2018 EU-China Tourism Year, china outbound market, china outbound tourism, cotri, COTRI Weekly, EU-China, EU-partner, European Union, Global tourism, global tourism economy forum, macau, WTCF World Tourism Cities Federation

Dear Readers, Next week many of the main players in China’s outbound tourism business will meet at the GLOBAL TOURISM ECONOMY FORUM (GTEF) 2018 in the Special Administrative Region Macau. Since its inauguration in 2012, the GTEF has grown into a much anticipated annual gathering for world leaders, tourism ministers, international CEOs and leading industry […]

Chinese Outbound Tourists Fuel Casino-Driven Boom in Singaporean Tourism

Posted by Christopher Ledsham
On 26th May 2016
anti-corruption, gambling, macau, singapore, tourism

The growing numbers of Chinese visitors to Singapore, many of which have been drawn by the reintroduction of gambling in the city-state, are playing a key role in boosting Singapore’s flourishing tourism sector among otherwise sluggish economic circumstances. Since the country’s two casinos were opened in 2010, following a lengthy national ban, [tweetable]Chinese arrivals have […]

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 […]

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, […]