May Day Holiday Sees Chinese Tourists Flock to South Korea and Japan at the Expense of Hong Kong and Taiwan

Posted by Christopher Ledsham
On 11th May 2016
currency, holiday, hong kong, japan, korea, may day, shopping, south korea, taiwan, trend

This year’s May Day Holiday, which took place between April 30th and May 2nd, saw Chinese tourists travelling to Japan and South Korea in record numbers following a number of conscious efforts to attract Chinese shoppers. However, long-favoured consumer hubs Hong Kong and Taiwan suffered drops in numbers of Chinese tourist arrivals as the more […]

The Rapid Growth of the China’s Medical Tourism Attracts International Attention

Posted by Newsdesk
On 8th April 2016
health, hospital, insurance, medical tourism, trend

Due to the problems of industrial pollution and subsequent air contamination, the number of China’s population suffering from lifestyle diseases is increasing tremendously. This category of illnesses can include issues such as cancer, heart disease, diabetes and a wide range of other chronic medical issues. According to the latest findings by the World Health Organization […]

New Forbes blog post: Chinese modular travellers

Posted by Newsdesk
On 7th December 2015
arlt, china, chinese modular travellers, cmt, forbes, tourism, travel, trend

Professor Wolfgang Georg Arlt of COTRI China Outbound Tourism Research Institute recently published an article about a new phenonemon called Chinese modular travelers on his Forbes blog. Modular travelers in China is a relatively new concept which is already altering the consumption patterns of Chinese tourists. Instead of following rigid tourist groups, more and more Chinese […]

Elderly Chinese, a market segment of increasing importance

Posted by Daniel Meesak
On 2nd December 2015
chinese, elderly, grey-hair tourism, red tourism, retirees, senior, tourism, trend

According to a recent report, over 5 million elderly Chinese go travelling each year, accounting for almost €1.5 billion in tourism revenues in 2014. However, this number is bound to increase dramatically the over the coming years, with the number of Chinese people over the age of 60 increasing by approximately 10 million people every […]

Hong Kong cosmetics chain blames drop in Chinese tourists for declining profits

Posted by Daniel Meesak
On 30th November 2015
decline, hong kong, shopping, tax free, tourism, trend

As Chinese people are changing their tourism patterns towards more exotic destinations instead of going to the special administrative regions of Hong Kong and Macau, retailers in Hong Kong are seeing declining profits and lower numbers of mainland Chinese customers. The Hong Kong cosmetics chain SaSa saw its half-year net profit drop by 55%, mainly […]

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, […]