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News on Tourism & Travel In China

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Authorities to punish unruly passengers
Jan 9, 2015 (WiC 265)

It is said that good things come to those who wait, and Guo Guangchang has done his share of waiting. For more than 18 months since Fosun – the conglomerate that Guo controls – first made its offer for French resort operator Club Med, he has ...

Is the slowdown in Macau’s gaming revenue cyclical or structural?
Nov 14, 2014 (WiC 260)

"The scent and smoke and sweat of a casino are nauseating at three in the morning,” writes Ian Fleming in the opening line of his first James Bond novel, Casino Royale. “Then the soul-erosion produced by high gambling – a compost ...

UnionPay data highlights holiday spending
Oct 17, 2014 (WiC 256)

At the climax of the 1999 film Fight Club Tyler Durden blows up company buildings storing credit card records. If the film was scripted again today, he would have to destroy many more locations in order to “set everyone free” from ...

Unlonely Planet

Peer-to-peer travel trend hits China
Sep 5, 2014 (WiC 251)

L uo Zhun first travelled to the United States in 2011, visiting six cities in less than two weeks. He wasn’t very satisfied with the experience. The whole time he felt like a “caged animal,” Luo told Hangzhou Daily. Partly that was because ...

Some hoteliers no longer want five stars
Feb 7, 2014 (WiC 225)

The Burj Al Arab set new standards for luxury when it opened in 1999 in Dubai. Guests got a private butler and a small army of valets if they booked the Royal Suite (at the princely price of $18,716 a night, CNN reported). The hotel was soon ...

He likes holidays

Fosun’s boss betting billions building hotels
Oct 18, 2013 (WiC 212)

Are Guo Guangchang’s investment decisions guided by his wife’s shopping habits? In 2011, the president of Fosun, China’s largest private conglomerate, told reporters that he had bought a 9.5% stake in the Greek jewellery and luxury goods ...

Tougher times for luxury hotel chains
Jun 7, 2013 (WiC 196)

The White Swan Hotel in Guangzhou – the inaugural five-star lodging in China – can also lay claim to being the first Sino-foreign joint venture in the hotel industry. It got the regulatory go-ahead to open in 1979 and was part of Deng ...

Discounts galore in online travel agency booking battle
Dec 7, 2012 (WiC 175)

Another week, another price war. After 360Buy grabbed headlines in September for opening hostilities with electronics retailers Suning and Gome, two of the country’s largest online travel agents are going head-to-head too. In fact, Ctrip and ...

Paris without the French

Adelson sees no end to the growth in his revenues in Macau
Sep 28, 2012 (WiC 166)

In 1999, Las Vegas sought to attract new visitors by building the Paris Las Vegas, a 50-storey replica of the Eiffel Tower. It proved popular, especially an observation deck atop the 165-metre structure. Not to be outdone, Macau now wants to ...

Room at the inn

Budget hotels start to feel the pinch
Jul 6, 2012 (WiC 157)

In the 1950s a new sort of hotel started appearing next to exits on US highways. They were budget hotels with names like Comfort Inns, Motel 6 and Days Inn – and they charged just $6 a room. Fifty years later, budget chains started to sprout in ...

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