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Search results for “luxury shopping”
China Duty Free Group expands in Sanya with new airport joint venture
09/09/2020
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7:16:46 PM
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By the end of August, duty-free spending on Hainan Island had jumped 221.9% year-on-year to RMB 5.58 billion, or USD 810 million, according to China Customs.
Travel bug: Why tourism in Asia will never be the same
08/31/2020
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2:01:56 PM
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The free-spending foreign travelers that once buoyed the economic future of much of Asia could well be a thing of the past.
China shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020
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5:30:33 AM
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Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
Sanya turns hot spot for diving fans
07/09/2020
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9:03:42 PM
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In June, the number of hotel bookings in Hainan jumped 17 percent over May.
Japan to reopen business travel; Airbnb resumes battle in China | Daily Brief
07/10/2020
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7:16:58 AM
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Japan intends to begin talks on resuming business flights with 10 economies including China; American Airlines and United Airlines have both suspended flights to Hong Kong again.
How China emerges from lockdown will affect global tourism
05/29/2020
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2:28:42 PM
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Purveyors of services beyond aviation and accommodation depend on it. Chinese tourists spend lavishly on overseas jaunts, around double the global average.
China is on track to top U.S. as No. 1 travel retail market in 2019
01/25/2019
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9:54:36 AM
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For the first time since Oliver Wyman’s survey in 2016, fewer than half of respondents listed shopping among their top three reasons for traveling abroad, with only 7% placing it at No. 1.
Hotel Shilla closes $121m deal to buy stake in 3Sixty Duty Free
04/09/2020
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4:53:22 PM
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The deal allowed Hotel Shilla to become the second-largest shareholder after 3Sixty Chairman Bernard Klepach.
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