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Search results for “anti-corruption”
Hong Kong ranks second most appealing luxury destination worldwide
06/13/2016
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3:33:17 PM
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Hong Kong is the world's second most appealing luxury retail destination after London, according to a new report from real estate consultant JLL.
BTG Hotels annual profit drops 4.66% in 2014
04/02/2015
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10:25:25 AM
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BTG Hotels’ annual revenue and net profit fell last year, at 5.87% and 4.66% respectively to RMB2.791 billion and RMB112 million.
Five-star hotels no longer sanctioned to host state conferences
03/24/2015
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9:38:25 AM
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Five-star hotels and other luxury facilities have been excluded in Beijing’s sanctioned government procurement list of 318 conference venues in the city.
China's blitz against corruption hits some U.S. travel companies
11/17/2014
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6:26:32 PM
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Chinese President Xi Jinping's crackdown on government corruption, which began almost two years ago, has had a profound impact in China itself. It is also hurting a specialized niche of the U.S. tourism industry.
Louis Vuitton stung by China luxury woes
11/17/2015
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10:11:14 AM
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Louis Vuitton has closed three of its stores in China, including what was its first outlet in the southern city of Guangzhou, and is expected to shut several more.
China's economic slowdown adds to Hong Kong tourism industry woes
07/28/2015
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2:35:18 PM
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After anti-China and pro-democracy protests, a slowing economy and Xi Jinping's anti-corruption and austerity campaigns have hit HKs tourism and luxury industries.
Facing economic slowdown China’s hotels under pressure to reform
07/28/2015
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2:33:52 PM
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China’s hotel industry is at a crossroads of capitalizing on opportunities brought by explosive growth in the tourism sector while overcoming economic challenges.
Asian gambling destinations compete to woo Chinese high rollers
07/06/2015
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6:52:57 PM
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Macau is facing fierce competition from markets in Southeast Asia, including Philippines, Vietnam and Thailand and Korea for Chinese high rollers.
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