Home » Archive

Articles in the TRAVEL VERTICAL Category

Chinese Consumer, External Source, News, Tourism »

[2 Sep 2010 | No Comment | ]

Brazilian and Chinese visitors led a resurgence in foreign tourism spending within the U.S. in the first half of the year, giving hope to domestic hoteliers, airline companies and others that the travel-spending slump of 2008 and 2009 is over, according to a report released Wednesday.
Foreign tourists spent about 20% more here during the first six months of 2010 than they did a year earlier, Visa (V) reported. American citizens also boosted their spending abroad, increasing travel purchases on their Visa cards by 9.3% compared to the same period in …

  • Share/Bookmark

External Source, Hotel, News »

[30 Aug 2010 | No Comment | ]

The world’s second biggest economy is attracting a lot of interest from hotels.
China, which recently overtook Japan as No. 2 on the world’s gross domestic product list behind the United States, is No. 1 as far as hotel development in the Asia/Pacific region goes, according to STR Global data.

Damien Little
director
Horwath HTL

As China’s economy has grown, so too has domestic travel, said Damien Little, director of Horwath HTL in Singapore. Plenty of stimulus money has been pumped into the Chinese economy, and the government has loosened some property-development regulations, which have …

  • Share/Bookmark

Hotel, Marketing, Opinion »

[30 Aug 2010 | No Comment | ]

Brett Butcher believes Chinese tourists escaping to the sun will revolutionize the leisure industry in Asia.  The 50-year-old Australian managing director of Langham Hotels International said ever wealthier people from the colder north of China will increasingly want to take their holidays in warmer climates.
He believes this will prove a boon to hotels on Hainan, the tropical island off China’s southern coast, and to various other destinations in Southeast Asia.
“It is the next big growth story in China which has yet to happen. People are going to start to ask themselves …

  • Share/Bookmark

External Source, News, Tourism »

[22 Aug 2010 | No Comment | ]

Global business travel spending will increase 6.2 percent from a recession-depressed 2009, to $896 billion, according to a new report from the NBTA Foundation. Researchers expect the global figure to surpass the 2008 peak of $926 billion in 2011, with growth driven by strong trade conditions in Asia, healthy business travel volumes in the Middle East and Latin America, and double-digit business travel spending growth in several manufacturing sectors–offsetting continued weakness in Europe.
“At mid-year 2010, we have already seen many of the air and hotel indicators recovering more quickly than …

  • Share/Bookmark

2010, Arlt, China-Outbound (COTRI), Chinese Consumer, EXPERTS, Exclusive Article, Featured, Highlight, Research, Tourism, Wolfgang »

[18 Aug 2010 | No Comment | ]
Why China’s outbound tourism will survive the economic downturn

China’s outbound tourism will survive the coming economic downturn in China, because Chinese are not travelling for indiviual pleasure.

  • Share/Bookmark

External Source, Hotel, Internet Marketing, News »

[18 Aug 2010 | No Comment | ]

eLong Inc. (Nasdaq: LONG | PowerRating), a leading online travel agency, have made profits for six consecutive quarters since the first quarter of 2009 and its second-quarter operating profits are equivalent to the gross profits of last full year, disclosed its CEO Cui Guangfu.
Particularly, in the period, the sales growth of the hotel operations under eLong overtook that of archrival Ctrip.com International Ltd. (Nasdaq: CTRP | PowerRating), which hit 34%, for the first time since 2006, thanks to the former’s coverage of low-end hotels.
eLong has reached agreement with GreenTree Inn, according to which they …

  • Share/Bookmark

Tourism »

[16 Aug 2010 | No Comment | ]

With the development of society, tourism, one of the sectors with the highest growth rate and the largest scale in the developing world has changed. Tourism industry is playing an increasingly important role in the city, promoting urban economic, social, employment, culture and environment. China is considered pillars of the tourism industry.
The previous three quarters of 2009, despite the financial crisis, and H1N1 influenza, the Chinese tourism industry managed to maintain favorable growth conditions. In Q1-Q3 2009, a number of domestic tourists in China is 45 billion, 11% increase over …

  • Share/Bookmark

External Source, Luxury, Tourism »

[16 Aug 2010 | No Comment | ]

Japan has always been a hotspot tourist destination – with beautiful cherry blossoms, Mount Fiji looming on the horizon, tranquil Zen gardens, natural hot springs, and delicious seafood delicacies, people flock to Japan by the millions. This is also true for Chinese tourists, but not for the same reasons – Chinese are traveling to Japan to purchase, purchase, and purchase. The new generation of young Chinese white collar workers are looking to go to Japan to buy electronics and other products and is leaving the site seeing to the grandparents. …

  • Share/Bookmark

External Source, Luxury, Tourism »

[16 Aug 2010 | No Comment | ]

The Euro has depreciated nearly 20 percent against the Yuan since 2009 – which means Chinese are planning trips to Europe to buy name brands at a “discounted” price. Name brands, such as Louis Vuitton, a Chinese favorite, are now cheaper in Europe than on the mainland including Hong Kong, an otherwise very popular place to shop for the pricey goods. According to an avid shopper, Li Yaoyi, “A 1,000-euro purse now costs about 8,000 yuan, which is about 1,400 yuan cheaper according to the converted price paid for the …

  • Share/Bookmark

External Source, Tourism »

[16 Aug 2010 | No Comment | ]

With South Korea’s promotional three year tourism campaign, Chinese people are taking advantage of this opportunity to live out their own epic Korean soap operas (that have risen in popularity with Chinese teens and grandmas alike). In 2010 – 2013, Korea plans to attract worldwide tourism that once took the world by storm, and it’s working like a charm for their Chinese neighbors. Korea has reported a 30% increase in tourism thus far in 2010 in comparison to 2009, and a whopping 70% increase in the month of May alone. …

  • Share/Bookmark

External Source, Tourism »

[14 Aug 2010 | No Comment | ]

CARSON CITY, NV — (Marketwire) — 08/13/10 — The Nevada Commission on Tourism (NCOT) is expanding its promotion in the lucrative Chinese travel market to Shanghai, while cutting office operating costs countrywide 50 percent, Lt. Gov. Brian K. Krolicki announced today.
The new office, which opens in Shanghai Aug. 18, is in the heart of the city’s business district in the U.S. Commercial Center and shares quarters with the U.S. Commerce Department and other American tourism-oriented agencies. The six-year-old Beijing office moves to a smaller facility. The total cost of office …

  • Share/Bookmark

Airline, External Source, Hotel, Internet Marketing »

[14 Aug 2010 | No Comment | ]

Strong demand for business and leisure travel again boosted the results of Ctrip CTRP in the second quarter. As the largest travel agent in China, Ctrip saw a 46% year-over-year increase in quarterly net revenue, which totaled CNY 695 million, thanks to significantly higher volume in air travel and hotel room bookings. These two segments account for close to 90% of total sales. With most of its revenue from domestic travel, Ctrip attributed its growth to a robust economy in China. Its efforts since last year to penetrate more second- and …

  • Share/Bookmark

Chinese Government, External Source, Featured, Headline, Highlight, Tourism »

[6 Aug 2010 | No Comment | ]
China opens tourism industry to foreign firms

China’s central government says it will boost domestic tourism development by relaxing market access, welcoming foreign companies and slashing ticket prices for tourist spots.
The State Council has issued measures aimed at speeding up the development of China’s tourism industry. The government is looking to revitalize domestic tourism competition by introducing foreign tourism companies.
The government is about to loosen market access, break down industrial and regional market access, and streamline the administrative admission process. They are also vowing to push forward the transformation …

  • Share/Bookmark

Chinese Consumer, External Source, Tourism, Trends »

[6 Aug 2010 | No Comment | ]

More and more countries have been trying to attract tourists from China. Vietnam has taken steps to lure more travelers from its northern neighbor. According to the Chinese Outbound Tourism Research Institute, in 2008, Chinese people made 46 million trips abroad, 90 percent of which were trips to Asia. China has become the biggest source of tourists in Asia, which explains why popular tourist destinations in Asia have launched numerous campaigns to attract tourists from China.
According to the Vietnam National Administration of Tourism (VNAT), the number of Chinese …

  • Share/Bookmark

Chinese Government, External Source, Featured, Headline, Highlight, Opinion, Tourism »

[6 Aug 2010 | No Comment | ]
Getting a Foreign Visa for Chinese Citizens

Just how how hard can it be, asks Sina blogger and freelance journalist Chen Zikun in his August 6 post, for Chinese travelers to get a visa—with Chen’s answer apparently being: not too hard—in which he shares the stories behind visas for the many countries he’s been to:
Until I went to apply for a visa for my first ever trip out of the country, I was always happily under the impression that, being from a country with a rapidly-developing economy, and especially with how smug red-to-the-root media …

  • Share/Bookmark

Airline, Chinese Consumer, Featured, Headline, Highlight, Tourism »

[5 Aug 2010 | No Comment | ]
China-USA Outbound Travel Growth

China-USA air travel veteran on the state of outbound travel
China TravelDaily by Maggie Rauch
As a growing number of Chinese travel abroad for business and leisure, competition to lure mainland travelers is also heating up. One of the people responsible for steering mainland travelers to the United States, and one of the most experienced aviation professionals working in China today, is Delta Airlines’ Director & Chief Representative of China & Hong Kong, Sandeep Bahl. Bahl has worked in aviation for more than two decades, and has been stationed in either Japan …

  • Share/Bookmark

External Source, Featured, Headline, Highlight, Industry Event, News, Tourism »

[5 Aug 2010 | No Comment | ]
Amadeus partners with TravelDaily to present the 2010 China Travel Distribution Summit

PRESS RELEASE
August 5, 2010: TravelDaily (www.traveldaily.cn), China’s leading online publisher and event organizer with emphasis on the distribution, marketing and technology trends in the travel and tourism industries, today announced that it has welcomed Amadeus as a diamond sponsor for the 2010 China Travel Distribution Summit, to be held in Beijing on September 15-16.
Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, has proven its distribution technology can maximize revenues and increase efficiency for all sectors of the travel industry in Asia, including …

  • Share/Bookmark

Chinese Consumer, External Source, Opinion, Tourism »

[4 Aug 2010 | No Comment | ]

More and more stores and cash machines in Japan are featuring signs that read “Union Pay.” That is the name of a debit card used in China and informs Chinese tourists that they can shop anywhere in Japan using that piece of plastic. The number of stores accepting Union Pay cards in Japan rose from just 250 in 2005 to almost 20,000 this year. Chinese tourists are big spenders and Japanese travel agencies have hired Chinese students to help them guide the travelers to shopping districts, while department stores in …

  • Share/Bookmark

Tourism »

[3 Aug 2010 | No Comment | ]

According to a report from the Tourism Ministry of Argentina on the 31st, since the number of Chinese tourists to Argentina has substantially increased in recent years, the Tourism Ministry of Argentina will actively expand the Chinese market to attract more Chinese tourists.
According to statistical data released by the Tourism Ministry of Argentina, the number of Chinese tourists to Argentina has soared by 25% in the first half of 2010 compared with the corresponding period of the last year of 15,000.
Enrique Meyer, Secretary …

  • Share/Bookmark

Chinese Government, Tourism »

[3 Aug 2010 | No Comment | ]

China wants to learn from Malaysia’s experience in developing its islands into major international tourist destinations, while also preserving the island’s eco-system.
A Chinese delegation led by the head of China’s top tourism administration Shao Qiwei, arrived in Kuala Lumpur on Tuesday. Shao Qiwei said Malaysia’s experience in this area is important for China which wants to develop its Hainan Island into a popular tourist destination.
Malaysia’s tourism department said it will consider co-operating with China, to develop cruise tourism as a new product. The Chinese delegation will also visit Pangkor and …

  • Share/Bookmark