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Search results for “luxury goods”
Less people, more revenue?
03/16/2021
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4:14:42 PM
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2021 will be a year where operators will keep struggling with low attendance numbers. The focus should be on the amount of revenue a customer can bring instead of focusing on the number of customers.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021
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10:48:55 PM
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The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Rich shoppers stuck in China fuel an unlikely boom in duty free
02/04/2021
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10:47:12 PM
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China’s share of the global luxury market—the goods typically sold at duty-free—almost doubled last year to 20%.
CDFG parent company reveals strong growth in sales and earnings in 2020
02/02/2021
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12:21:23 PM
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CTG Duty Free is expected to register an +82.2% growth in earnings in FY21 to RMB10.8 billion.
Family-activity firm raise fund; America to overhaul Asia in flights | Daily Brief
02/04/2021
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11:04:41 PM
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Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
“Shanghai Female Socialites Group Buy” exposé online triggers social media buzz on luxury hotels
10/27/2020
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12:23:24 PM
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5-Star Luxury hotels tagged and their products and services listed for collaborative consumption by social media group “Shanghai Female Socialites”.
China spending on luxury goods to account for half global sales by 2025
12/24/2018
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9:29:23 AM
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Purchases of luxury goods by Chinese made up 33% of the world's total luxury goods sales in 2018, up from 32% in 2017.
Chinese travelers turning away from luxury goods as spending habits shift
11/28/2018
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4:19:07 PM
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New figures suggest the Chinese traveler’s passion for luxury goods is being replaced as the items lose their shine as a status symbol.
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