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News on Tourism & Travel In China

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Covid may delay Macau gaming licences renewal
Jul 9, 2021 (WiC 548)

‘The house always wins’ is one of the many warnings against gambling. Yet that was hardly the case in Macau last year, when gross gaming revenue fell almost 80%, loading the city’s casinos with heavy losses. Of course it was the pandemic ...

Travel firms chase domestic duty-free profits
Jun 25, 2021 (WiC 546)

Chinese tourists have been the biggest source of international travellers since 2016. Two years ago they spent as much as $245 billion overseas or 16% of global travel expenditure, according to Oliver Wyman, a consultancy. But travel restrictions ...

A billion staycations

With foreign trips off limits, ‘Golden Week’ domestic tourism surges
May 14, 2021 (WiC 540)

In 2019 Chinese tourists made some 170 million trips abroad. Now, thanks to Covid-19, a foreign holiday isn’t an option. The result is a trend that the government has tried to encourage for some time – a surge in domestic tourism. The ...

‘Everything app’ Meituan buys stake in hotel chain Dossen International
Jan 29, 2021 (WiC 526)

When Vivion Group, a real estate company controlled by Israeli tycoon Amir Dayan, first tapped the debt market in 2019, investors were attracted by the prime assets it owned. Over half of its portfolio was branded hotels in the UK, including the ...

Golden Week gives China’s domestic tourism sector a chance to shine
Oct 9, 2020 (WiC 514)

Hong Kong’s media has closely tracked the number of tourists arriving from mainland China over the National Day holidays. Visitor flows are seen as a barometer for conditions in the city’s retail sector, as well as an indicator on the health ...

Shopping paradise

Hainan is breaking duty-free sales records
Sep 11, 2020 (WiC 510)

With air travel severely disrupted, all airport operators have reported sharp decreases in passenger volume and revenues. Duty-free shops around the world, too, have taken a beating. Dufry, the world's largest duty-free retailer, saw its turnover ...

Checking in, again

Hyatt launches joint venture hotel chain in China
Sep 4, 2020 (WiC 509)

Since 2012 China has been the world’s largest source of outbound travellers. It also became the world’s largest market for business travel four years later. Add those two milestones to another achievement – that the Chinese authorities ...

Meeting Mickey, in a mask

WiC takes a tour of the newly reopened Disneyland in Shanghai
May 15, 2020 (WiC 495)

The House of Mouse is back. Shanghai Disneyland reopened this week after shutting up shop for 107 days (owing to the coronavirus). But is the fantasy kingdom set to flourish or will the Disney dream become a more dystopian world of social ...

The buds of May

China’s tourism sector hopes for domestic boost
May 1, 2020 (WiC 493)

International Labour Day, on May 1, dates back to the 1880s, when workers around the world rallied for more rights, including an eight-hour limit on the working day. But the holiday this year finds millions of workers already at home because ...

Travel giant restructures its China business
Mar 20, 2020 (WiC 487)

Who’d want to be a boss in the travel industry right now? Hotels are closed, airlines are grounded, and countries are closing their borders to non-nationals. Some of the worst trading conditions in history are the backdrop to a story from ...

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