Asia

This Tropical Chinese Island Is Quietly Transforming Into a Gaming Destination

This Tropical Chinese Island Is Quietly Transforming Into a Gaming Destination

Daniela Wei , Bloomberg

Gaming development on Hainan Island could have an impact on Macau, Singapore, and soon, Japan.

2 days ago

Tokyo Disney Resort Is Getting New Lands, Hotel in $2.3 Billion Expansion

Tokyo Disney Resort Is Getting New Lands, Hotel in $2.3 Billion Expansion

Lisa Du and Maiko Takahashi, Bloomberg

Disney's theme parks all over the world are getting upgrades, and the consistently well-performing Tokyo resort is no exception. Of course, ticket price increases will likely follow.

7 days ago

Singapore Travel Companies Could Benefit as Spotlight Hits Trump-Kim Meeting

Singapore Travel Companies Could Benefit as Spotlight Hits Trump-Kim Meeting

Livia Yap, Bloomberg

Experts in Singapore say the quick Trump-Kim summit could have near-term negative repercussions for travel due to strict security measures. But the longer-term impact could be positive for the destination's reputation — and its hotels, airlines, and restaurants.

1 week ago

Thailand Airports Plan Shows Tourism Officials Don’t Understand Its Overtourism Problem

Thailand Airports Plan Shows Tourism Officials Don’t Understand Its Overtourism Problem

Jing Travel

You always have to question the true intentions of a country led by a military junta, and Thailand has once again made us raise our eyebrows over a plan for new airports that would seemingly contradict any tourism growth strategy it thought it had.

2 weeks ago

WeChat to Smooth China’s Border Process for Travelers Between Hong Kong and Mainland

WeChat to Smooth China’s Border Process for Travelers Between Hong Kong and Mainland

Lulu Yilun Chen, Bloomberg

When people pass between Hong Kong, Macau, and mainland China, they have to present border documents, called permits. A new feature on the popular WeChat app could replace the need for the documents someday, according to a proposal. Here's hoping.

2 weeks ago

Six Flags Adds New Kid-Sized Theme Park to China Growth Plans

Six Flags Adds New Kid-Sized Theme Park to China Growth Plans

Hannah Sampson, Skift

The CEO of Six Flags Entertainment said last month that the company wasn't stopping with 10 parks in China. He wasn't kidding.

3 weeks ago

Disney and Universal See Big Gains in Orlando After Major Expansions

Disney and Universal See Big Gains in Orlando After Major Expansions

Hannah Sampson, Skift

Orlando remains a battleground for the world's largest theme park operators, but attendance is growing around the world — and the biggest companies are trying to win audiences all over.

1 month ago

Tourist Arrivals to Indonesia May Fall After Terror Attacks

Tourist Arrivals to Indonesia May Fall After Terror Attacks

Viriya Singgih, Bloomberg

The terror attacks are troubling, but tourism has traditionally been resilient as long as there is a period of peace. Indonesia could use some calm.

1 month ago

Investors Eye the Potential of North Korean Hotels and Airlines

Investors Eye the Potential of North Korean Hotels and Airlines

Alyssa McDonald and Matthew Burgess, Bloomberg

It's generally sound investment advice to "buy low and sell high." But foreign investors looking at North Korea may be underestimating how disastrous the economy is behind its veil of propaganda.

1 month ago

Thailand’s New Tourism Push? Rehab for Foreigners

Thailand’s New Tourism Push? Rehab for Foreigners

Natnicha Chuwiruch, Bloomberg

For years, Thailand has been an open market for some of the worst tourist indulgences. Maybe if Thailand can make more money on the healing end its citizens won't pay such a heavy price on the front end.

1 month ago

Blue Chip Stocks Associated With Chinese Tourism Are Winners

Blue Chip Stocks Associated With Chinese Tourism Are Winners

Cormac Mullen, Bloomberg

Underscoring Skift Research's findings of the potential for outbound Chinese tourists, Societe Generale is weighing in on the investment return from stocks associated with this category. Spread the wealth.

1 month ago

China Pushes Back on U.S. Chiding Over Its Order for Airlines

China Pushes Back on U.S. Chiding Over Its Order for Airlines

Bloomberg

The U.S. went there — yes, a George Orwell jab at China's order that airlines should not refer to Macau, Hong Kong, and Taiwan as countries. The trade war gamesmanship is never boring.

2 months ago