With 39 million mainland Chinese traveling overseas in the first half of this year and outbound Chinese travel continuing to increase, many brands, hotels, and tourism boards are putting out their best efforts to attract the Chinese consumer in order to stimulate local economies and increase sales of luxury goods and services.
The China House in central London’s Waldorf Hilton is the Chinese Olympic Committee’s main hospitality and business center through the London Olympics - and it has been bustling. Read the full China Daily article here.
It was just a year ago that Hilton Hotels rolled out the red carpet for Chinese travelers with their Hilton Huanying program. Read the full HotelChatter article here.
LUXURY group The Peninsula Hotels is aggressively courting the lucrative Chinese market with a number of new initiatives this year, including tailored experiences in its US hotels and lifestyle programmes in its Greater China properties. Read the full TTG Asia article here.
Soaring numbers of Chinese tourists packed onto flights out of the country is a sure sign that the members of a fast-growing consumer class of about 130 million are not worried that what will probably be the slowest year of economic growth since 1999 will sap their spending power. Read the full New York Times article here.
With their Olympic team currently topping the medal charts at the London 2012 Olympics, Chinese tourists are topping a different chart, outspending all other international tourists visiting the British capital during the games. Read the full Jing Daily article here.
China is on the verge of becoming New Zealand’s second-largest tourist market in terms of visitor spending, according to New Zealand government figures out Tuesday. Read the full China Daily article here.
Although the Chinese economy ( FXI , quote ) continues to slow as the global economy in general struggles, Chinese travel demand remains elevated. Read the full NASDAQ article here.
Competition is heating up in Europe to attract more tourists from the BRIC countries — Brazil, Russia, India and China — whose economies are expanding while the Europeans are standing still. Read the full New York Times article here.
London retailers keen to lure wealthy tourists from other European capitals have welcomed an £8m government campaign to treble the number of Chinese visitors to the UK over the next three years as part of a post-Olympics tourism “turbo charge”. Read the full Financial Times article here.
Discover Financial Services DFS +0.14% plans to bring its Diners Club International card to China in an effort to tap the increasing flow of wealthy Chinese spending their money abroad. Read the full Wall Street Journal article here.