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Trip Delayed

October 20, 2020 By Crystal Reid

The world’s tourism industry has become addicted to big-spending Chinese travellers, but events seem to be conspiring to disrupt the trend, at least temporarily.

Filed Under: All Articles, China, Consumers, Economy, Globalization, Tourism Tagged With: Chinese tourism, COVID-19

Spreading Their Wings: How Millennials Turn the World of Travel Upside-down

September 19, 2018 By Lu-Hai Liang

Chinese millennials promise to reshape the global tourism industry. Unlike their parents’ generation, who preferred to travel abroad on Chinese-organized tour groups, today’s young Chinese are independent, individualistic and willing to try more adventurous vacations. This shift is opening up huge new opportunities for travel and tourism operators worldwide. They can now advertise directly to China’s 400 million children of the 1980s and 1990s, who often book their next trip online and on impulse. For operators able to target this group, the rewards can be spectacular. Chinese millennials already make more overseas trips than all American tourists combined.

Filed Under: All Articles, China, Consumers, Know China, Tourism Tagged With: millennials, Tourism, Travel

With Poor Care at Home, the Rich Lead China’s Medical Tourism Boom

September 20, 2017 By Liu Sha

Wellness tourism is a $3.7 trillion market globally and China is becoming one of the largest source countries for tourists who wish to combine tourism and medical treatment. 2016 saw the greatest number yet of Chinese tourists opting for such medical travel, and the largest spending ever. The rising numbers can be explained by a lack of medical resources domestically combined with people making overseas medical tours a form of luxury entertainment. What are the most favorable destinations for medical tourism? How do people book these tours and how emerging tourism companies make money from such customized trips?

Filed Under: Consumers, Know China, Society, Tourism

Behind the Scenes in the Magic Kingdom

December 15, 2016 By Tom Nunlist

The opening of the Shanghai Disney Resort in June 2016 was arguably the biggest event in the history of The Walt Disney Company since 1995. Philippe Gas, General Manager of the Resort, who has been working with Disney for 25 years, discusses the challenges of building the park and offers a detailed, inside look at the long process of developing the park with the Chinese government, the unique localization that Disney built into the resort and the overall mission to bring happiness to guests. So far the park has received positive reception from the public, but according to Gas, it’s just the beginning.

Filed Under: All Articles, China, Consumers, Conversations, Society, Tourism

TripAdvisor’s Approach in China: Travel Fills a Spiritual Void

November 30, 2016 By Liu Sha

Over 120 million Chinese went abroad and spent over $104.5 billion in 2015 and more are projected for 2016. But for young Chinese people, their spending isn’t all about shopping in tax-free shops. As Leo Lin Song, chief of staff of TripAdvisor says, Chinese travelers are becoming more sophisticated: they’re reaching to further places and want to have more distinct cultural experience and not afraid to explore the unknown. Yet compared to western travelers, Chinese tourists are still special. They like to read pictures and need clear guidance—and that’s where TripAdvisor chips in.

Filed Under: All Articles, Chinese Economy, Consumers, Conversations, Q&A, Tourism, Winning in China Tagged With: Chinese Consumers, Tourism

China Data: Wealth Inequality in China

March 10, 2016 By CKGSB Knowledge

According to the Hurun Global Rich List, with 568 billionaires, Greater China overtook the US (with 535 billionaires). Mainland China, Hong Kong, Taiwan and Macau minted 90 new billionaires over last year. Even as the ranks of billionaires swell in China, the damning reality is that wealth is concentrated amongst a handful of people. According to a survey conducted by a Peking University institute, 1% of families in China own 1/3rd of the wealth. That speaks of a serious imbalance in the society. In this edition of China Data, we bring you statistics on China’s wealth imbalance, Dalian Wanda’s investment in healthcare, Chinese tourists in Japan, and more.

Filed Under: All Articles, China, Know China, Tourism Tagged With: China Data, Haier, joint ve, Tourism, Wanda, Xiaomi

A (Big) Fish Called Wanda: Wang Jianlin’s Business Empire

September 17, 2015 By Li Hui

Wang Jianlin’s sprawling business conglomerate, the Dalian Wanda Group, has its fingers in many pies: from real estate and retail to sports and entertainment.

Filed Under: All Articles, Infographics, Know China, Mergers and Acquisitions, Movie Industry, Real Estate, Tourism, Winning in China Tagged With: Baidu, eCommerce, Infographic, Investment, Real Estate, Slider, Tencent, Tourism, Wanda

How Tujia, ‘China’s Airbnb’, is Different from Airbnb

August 12, 2015 By Neelima Mahajan

Four-year-old online vacation rental site Tujia, which is valued at $1 billion, offers Airbnb-like services with unique twists suited to the specific needs, wants and quirks of Chinese travelers.

Filed Under: All Articles, Conversations, Digital Economy, Know China, Technology, The Chinapreneurs, Tourism Tagged With: Airbnb, Ctrip, HomeAway, Sharing Economy, Slider, Travel, Tujia

Ctrip Goes on a Round the World Trip

July 29, 2015 By Nicole Sy

Leading Chinese online travel company Ctrip now faces the dual challenges of overseas expansion and stronger competitors

Filed Under: All Articles, Best Practice, Consumers, Know China, Tourism Tagged With: Chinese Consumers, Competition, Ctrip, Online Shopping, Outbound Market, Qunar, Slider, Tourism

How Brands are Falling in Love With Chinese Tourists

April 7, 2015 By Li Hui

An increasing number of brands are finding it lucrative to woo the growing legions of Chinese tourists—both outside China and within.

Filed Under: All Articles, Best Practice, Branding, Consumers, Know China, Tourism Tagged With: Advertising, Branding, Chinese Consumers, Consumer Behavior, Outbound Market, Slider, Tourism, Yidao Yongche

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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