Wharf, Hong Kong’s biggest retail landlord, saw 3% sales growth because its Harbour City mall is less reliant on luxury sales.
Customised travel services are seeing a surge in popularity, forcing China’s travel agencies to place emphasis on the quality of travel itineraries to retain customers, according to a Hurun Report.
The tourism sector’s target of receiving 13 million foreign travelers in 2017 is within reach as more Chinese and South Korean visitors are coming to Vietnam, according to VietNamNet Bridge.
In the first quarter of 2017, outbound travel among Chinese millennial travelers increased 36% year-over-year with 62 million outbound visits, according to the China National Tourism Administration.
The recent announcement by Thailand’s tourism ministry that 52 percent of tourists in Thailand are women is a sign that the Thai tourism industry is way beyond catering primarily to sex tourists.
China is currently working to expand its high-speed rail network to “eight vertical and eight horizontal” for a full coverage of the country’s central and western regions.
China had already achieved 40% mobile booking penetration (MBP) by 2015. It now stands at 59% and is expected to climb to a dizzying 77% by 2020, far outpacing the rest of the world.
NTTO reveals that visitors from China remain the highest-spending visitors in the U.S., spending a record-setting $33 billion in the United States last year.
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