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Luxury hotels in China face a triple threat. But, psst—rooms are cheap

Luxury hotels in China face a triple threat. But, psst—rooms are cheap | aliliceB | Scoop.it
Just a few years ago, the luxury hotel business was booming in China—a steadily rising economy was producing droves of deep-pocketed business travelers, and government officials were quaffing top shelf Bordeaux wine and running giant tabs in hotel...

Via Marc Meynardi
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Mandy Deng's curator insight, September 11, 2013 10:51 PM

China Net Wedding Industry

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Le marché du tourisme chinois pour la France, extrait de l'étude Financial Times "FT China Confidential survey"

Le marché du tourisme chinois pour la France, extrait de l'étude Financial Times "FT China Confidential survey" | aliliceB | Scoop.it

Outbound travel flying high
"China’s middle class affinity with overseas travel is set to burgeon in 2013, with the wealthiest 26% of outbound tourists spending an average of Rmb43,770 ($7,032) on each trip – for a total spend of $160bn, according to a new FT China Confidential survey of 1,227 middle income consumers in 10 first and second tier cities across the country.

The wealthiest 26% of overseas tourists – around 21m people – spent a total of $112bn in 2012 on overseas trips, according to the survey. This year, the respondents said, they intend to increase their spending by 34% – suggesting total potential spending by this cohort of tourists may rise to $160bn in 2013.
A staggering 48% of spending on overseas trips in 2012 went on shopping, according to the survey. If the same proportion continues this year, the wealthiest segment of Chinese tourists is set to spend around $77bn this year in overseas consumer markets.


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Rescooped by Alice Bçn from Tourisme chinois
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What Western Hotels Aren't Giving Chinese Tourists

What Western Hotels Aren't Giving Chinese Tourists | aliliceB | Scoop.it
With relatively expensive tastes and a penchant for hotel restaurants, Chinese tourists are most hotels’ dream guests. Tack on the growth potential of this market, which expands every year, ...

Via Marc Meynardi
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