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The number of Chinese traveling abroad can be compared to the total population in Russia adding with the half of the population in Brazil. China has evolved rapidly in a very short time. The Chinese have a strong buying power regarding at Leisure and Trips. Sephen Kauer, Trip Advisor The Chinese market It’s definitely a…
China provides more and more travellers: it is estimated that more than 200 million trips will be taken by Chinese tourists in 2015. It also seems that the profile of Chinese tourists is slowly changing. According to China Outbound Tourism Research Institute (COTRI), we should expect more travellers coming from second- and third- tier cities….
Despite the rumors that Macao is less attractive, extra effort from the local government to attract Chinese tourists and thus seeing them spend more time and money +14% tourists in Macao In August, the statistics of Macao’s government have highlighted an increase of 14% of tourists traffic, a drop of 1.7% in comparaison with last…
Luxury tourism is a success: 2012 is the year when the Chinese tourists became the biggest spendthrifts of the world during their journeys abroad. A strength of even more powerful consumption is to be planned in coming 25 years. In spite of the fluctuations of stock-exchange market and the devaluation of the change, a slowing…
After last week’s Yuan dip, everyone has earned the right to wonder whether the Chinese tourist flood will continue to be as profitable as before. Last year more than 100 million Chinese travel traveled abroad. Their most favorite activity was undoubtedly luxury shopping with a particular taste for famous brands like Louis Vuitton, Cartier, Gucci…
According to the last report from Hotels.com, Chinese tourists should be around 174 million by 2019 to spend $264 million overseas. They will be mainly constituted of techsavy millennials with important buying power. Young Chinese are well on their way to take over the Chinese outbound market and hotel owner should stay aware of this….
Tujia, breaks the record in China Tujia, sometimes called the Airbnbn of China, has just finalized a new funding round worth $300 million, beating its earlier target for raising $250 million.This kind of fund-raising outperformance has become quite routine these days, helping to boost a new generation of Chinese Internet companies that often simply copy…
In China, you send no less than 4000 employees at a time! A trip offered by our boss ? Do not reject it ! Chinese cosmetics company called Perfect’s bosses recently decided to send their 4,500 employees on a trip to Netherlands. These ones can be added to the list that just emerged about Chinese…
The bad behavior of Chinese tourists make buzz just now. They are more likely to travel but also to being reprimanded not only by the host countries but also by the Chinese government. Chinese government has established a black list, in order to penalizing Chinese tourists having inappropriate behavior on the sights. The first Chinese to be…