Articles tagged “china”

Affluent Chinese Are Buying Travel Instead of Diamonds

Affluent Chinese Are Buying Travel Instead of Diamonds

Daniela Wei, Bloomberg

Luxury travel is taking a bite out of Chinese spending on other high-end products.

1 week ago

Tourism Imbalance Is Vexing Problem in U.S.-China Travel

Tourism Imbalance Is Vexing Problem in U.S.-China Travel

Steven Schwankert, Skift

One market where the U.S. leads China in a trade imbalance: The United States is taking in way more tourists from China than it’s sending. Pollution, bureaucracy, and bang for buck are the major factors.

2 weeks ago

Air China Says More Chinese Travelers Are Being Denied U.S. Visas

Air China Says More Chinese Travelers Are Being Denied U.S. Visas

Brian Sumers, Skift

There's no public data here, so it's hard to know how much of an issue this is. But generally, inbound tourism to the United States is important, so if fewer visas are being granted, it's probably not good for American businesses.

3 weeks ago

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Dong Lyu, Bloomberg

China's state airlines were eager to flex their muscles overseas during the past few years but perhaps those route expansions were too aggressive or premature as most travel in China is still domestic.

3 weeks ago

KLM Becomes Among the First Non-Chinese Airlines to Accept WeChat Pay

KLM Becomes Among the First Non-Chinese Airlines to Accept WeChat Pay

Brian Sumers, Skift

KLM is a little less reliant on Chinese customers than other major airlines, but it's good to see the Dutch carrier taking the chance on a new way of accepting payments. We're betting it'll work out well for KLM. And we suspect other airlines will follow.

4 weeks ago

China Cruises Are Packed at Lower Prices Amid Tensions With South Korea

China Cruises Are Packed at Lower Prices Amid Tensions With South Korea

Hannah Sampson, Skift

An international dispute that forced itinerary changes for China-based cruises threw operators for a loop, but demand seems fundamentally intact. If tensions ease and South Korea reopens, will pricing return to high levels or have lower fares become the new normal?

1 month ago

Chinese Travelers Love Duty Free and That’s Creating Big Revenue for Airports

Chinese Travelers Love Duty Free and That’s Creating Big Revenue for Airports

Andrew Janes, Bloomberg

Chinese travelers' love of duty free is not just creating a bonanza for Chinese airports. Chinese passengers are buying so many goods at stores in North America, Europe and Australia that many retailers are designing shops to cater to them.

1 month ago

Airbnb Gets More Serious About China With Tech Investments

Airbnb Gets More Serious About China With Tech Investments

Yoolim Lee and Haslinda Amin, Bloomberg

Airbnb clearly doesn’t want to exit China in failure like Uber. Making investments based on the habits of locals rather than importing ideas from abroad is the key to competing here.

1 month ago

The Rise and Fall of China Outbound Travel to South Korea

The Rise and Fall of China Outbound Travel to South Korea

Jared Wein, Skift

China outbound travel is booming and has a long way to go before maturity. Individual destinations should pursue the market, but be cognizant of the risks. South Korea serves as an example of what can happen when the Chinese government changes course.

1 month ago

Priceline Group Facing Tough Calls on China Expansion

Priceline Group Facing Tough Calls on China Expansion

Sean O'Neill, Skift

Priceline Group's CEO Glenn Fogel has repeated his view that Asia is the company's most important market. We don't think he'll try to acquire Ctrip. But additional moves are possible.

1 month ago

HNA’s Rezidor Bid Is Being Held Up By Chinese Regulators

HNA’s Rezidor Bid Is Being Held Up By Chinese Regulators

Patrick Whyte, Skift

It looks like tighter restrictions on outbound investment are starting to hinder dealmaking at HNA. Although the Rezidor deal may still go through, you've got to wonder what it means for the rest of 2017 and beyond.

2 months ago

New Research Report: A Deep Dive Into Ctrip and the China Online Travel Market 2017

New Research Report: A Deep Dive Into Ctrip and the China Online Travel Market 2017

Jared Wein, Skift

This report represents the launch of our coverage of Asia, offering insights into both Ctrip and the online travel market more broadly.

2 months ago