Chinese tourists remain the top spenders, but retail has to add activities and emotions to the physical shopping experience

Posted by Newsdesk
On 5th December 2018
china outbound, china outbound tourism, Chinese Travel Consumption Trends, COTRI Weekly, shopping outlets, Shopping Tourism, Singles' Day, tourism

The success of the “Singles’ Day” on Nov. 11th, 2018, when Alibaba, the biggest online shopping company, collected orders for more than 30 billion USD within 24 hours and their closest rival, JD, reported another 23 billion USD in sales showed the unwavering appetite of Chinese consumers for online shopping. Chinese shopping malls are suffering […]

Chinese outbound tourism in the context of shopping and New Silk Road events

Posted by Newsdesk
On 28th November 2018
China and Europe, china outbound tourism, chinese outbound tourism, cotri, COTRI Weekly, Ctrip report, Shopping Tourism, silk road, Summit Shopping Tourism & Economy Madrid

COTRI Director Prof. Dr. Wolfgang Georg Arlt delivered presentations at two industry events over the past week to offer insight into Chinese outbound market trends within different topical contexts. November 19th and 20th saw the hosting of the 4th Summit Shopping Tourism & Economy Madrid at which Prof. Arlt held a presentation on the topic of “Trends in Chinese customised […]