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Altavia Travel Retail managing director Hugo Vanderschaegh discusses the appetite among Chinese millennials and Gen Z for their rediscovered heritage and how this shapes travel retail’s strategies to win over this generation of traveller.
Economic headwinds and livestreamed e-commerce are raising the bar for this year’s festival—and beyond.
Most consumers in China are planning to keep a lid on spending during this year's Singles Day shopping festival, according to a survey from Bain and Company.
Chinese tourists to Korea are now more interested in trendy shops and unique experiences than they are in traditional duty-free shopping.
Once flight capacity is restored, travel companies need to be aware of the shifts that now define the new Chinese traveler, says Trip.com.
Brisbane Airport Corporation CEO Gert-Jan de Graaff has flown to China as part of a high-level trade delegation to boost Australian jobs. Comments attributable to Mr de Graaff:
The old truism in China was simple: the wealthier the person, the less impacted he or she would be by shocks and downturns in the economy. That, apparently, no longer holds true as evidence by the turn of events this year.
Discover the dynamic world of travel and hospitality in the Asia-Pacific region. Since 2012, TravelDailyNews Asia-Pacific offers in-depth coverage of regional trends, market developments, and business strategies for industry professionals.
The COVID-19 pandemic brought international travel to a standstill for two years. However, as borders reopened in 2023, the Chinese outbound travel market started recovering. Notably, industry experts observed significant shifts in the preferences and habits of Chinese travelers, compared to the pre-pandemic era.
LONDON: China is on track to becoming the world's top country for cash-free transactions, Kent Matthews, professor of banking and finance at Cardiff University told Xinhua recently in an exclusive interview.
Chinese tourists are sparing no expense on luxury brand hotel experiences, from the Baccarat’s crystal afternoon teas to the Bulgari Hotel’s cigar room.
China's next big opportunity... the "nighttime economy"
China has a long history of embracing the night. In fact, the concept of the "nighttime economy" can…
For luxury brands, seizing the spotlight on China’s Double 11 or Singles’ Day shopping festival involves a sophisticated dance between exclusivity and accessibility. Held on November 11 each year, Singles’ Day is among the most important shopping festivals in China. In 2022, Singles’ Day sales hit an impressive $84.5 billion in gross merchandise value (GMV)
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(CIIE) Executive Opinion: China's lower-tier cities a market too promising to miss-
China’s e-commerce giants are counting on bargain-basement prices in their Singles’ Day campaigns to woo consumers who are reluctant to spend in the current uncertain economy.
Employees in China have little annual leave to begin with — what happens when the Chinese authorities announce that Chinese New Year’s Eve will not be a holiday in 2024?
China's outbound tourism sector is expected to see a recovery growth during this winter, and Southeast Asia, North Europe and Australia are gaining popularity among Chinese tourists, according to US-based lodging and short-term vacation rental provider Airbnb.
An agreement to create a new multi-entry visa to facilitate exchanges and closer links between China and Australia has been welcomed by peak accommodation industry body, Accommodation Australia.
Luxury training is one of the biggest levers for creating organizational change and a key differentiator between successful and unsuccessful organizations.
Sustainability, Gen Z, and new wealth are propelling the growth of China’s luxury watch and jewelry market, according to our latest report.
It's after a new marketing campaign targeting Chinese travellers was launched over the weekend
Italy benefits from Chinese tourists and their tax-free shopping.
Amid China's economic slowdown, Gen Z embraces "exquisite poverty," balancing luxury and thrift. OEM shopping and group buying underscore this shift.
Elderly tourists travel more around Chinese destinations.
Prada’s “Ocean and Climate Village” exhibition makes its first foray outside of Italy to Qingdao, raising young generations’ awareness of sustainability and ocean preservation.
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