Asia

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Chinese Airlines and Luxury Retailers Stung by Shifting Currency Exchange Rates

Chinese Airlines and Luxury Retailers Stung by Shifting Currency Exchange Rates

Jeanny Yu and Amanda Wang, Bloomberg

China has been letting the value of its currency weaken to a six-month low as a response to a simmering trade war with the U.S. But that move is hurting domestic airlines and luxury retailers outside the mainland.

2 months ago

North Korea Hopes Summit Will Be Good for Its Tourism Ambitions

North Korea Hopes Summit Will Be Good for Its Tourism Ambitions

Jing Travel

North Korea has tourism goals, but it also has a long way to go to become an international destination. Will the recent summit with U.S. President Donald Trump help?

2 months ago

Growing Chinese Tourism in Cambodia Stirs Resentment

Growing Chinese Tourism in Cambodia Stirs Resentment

Sheridan Prasso, Bloomberg

China's growing tourism has helped turn a quiet resort town in Cambodia into a gambling hotspot. Like many destinations worldwide, Sihanoukville is finding that tourism can be a mixed blessing.

2 months ago

China Will Stop Digital Censorship on Hainan Island to Encourage Tourism

China Will Stop Digital Censorship on Hainan Island to Encourage Tourism

Robert Fenner, Bloomberg

Does the dismantling of the Great Firewall on Hainan signal more of an open welcome to international companies hoping to establish tourism businesses there?

2 months ago

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 months 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.

2 months 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.

2 months 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 months 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 months 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 months 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.

3 months 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.

3 months ago