Friday, May 17, 2024

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Chinese outbound travel rebound to continue in 2024 but gaming spending could be lower: Research

The post-pandemic resurgence in Chinese outbound travel is expected in 2024, with the most popular destinations in Chinese travel plans in Asia including many countries and cities with developed gaming industries. However, a researcher warns that changing consumer behaviors among Chinese travelers could signify a reduction in gaming spending.

Online travel giant Trip.com confident in Chinese outbound travel as tourism recovery continues

Trip.com Group's CEO, Jane Sun, believes that Chinese outbound travelers will gradually increase as international flights resume, and visa applications continue to rise.

Macau and Singapore among the most popular destinations for Chinese outbound travel

According to the latest research from China’s online travel agency giant, Ctrip platform, Macau and Singapore, the two famous Asian gaming hubs, are among the most popular destinations for Chinese outbound travel during the Dragon Boat Festival break. In addition, Hong Kong, Bangkok, and Tokyo were also listed as the most popular destinations for Chinese travelers.

China’s outbound travel bookings surge 10 times during Chinese New Year

With global tourism approaching full recovery, the Chinese online travel agency (OTA) giant Trip.com Group has reported a strong booking interest in Asia.

China expands Individual Travel Scheme visa for HK/Macau to 8 mainland cities

The Chinese government has announced the inclusion of eight mainland cities into the facilitated individual travel (FIT) scheme for visits to Hong Kong and Macau, with the new measures set to take effect from May 27, 2024.

Daily Asia Gaming eBrief: Chinese outbound tourism is on the rise but trends are changing

Operators in Asian gaming jurisdictions need to prepare themselves, as Chinese outbound tourism is expected to rebound this year, finally. However, trends are shifting significantly, as a younger demographic is choosing to travel by themselves.

Tokyo, Bangkok, HK and Seoul lead Labor Day travel trends: Trip.com

Trip.com Group, has revealed that Tokyo, Bangkok, Hong Kong, and Seoul are the most sought-after travel destinations during the ongoing Labor Day holiday in mainland China.

Daily Asia Gaming eBrief: Visa liberalization crucial for regional Chinese play

The recent push for more liberalized visa policies between China and regional gaming jurisdictions is a boon for boosting a currently laggard rebound in punters from the region, with Macau (as a domestic market) and Singapore leading the pack for the Chinese New Year holidays.

Air links and visas key for China’s outbound travel rebound

Research highlights air links and visa issues as key contributors to China's outbound travel rebound in 2024. As more Asian countries waive visa requirements for Chinese travelers, casinos in the region stand to benefit.

Genting operations in Singapore and Malaysia to benefit from Chinese tourism uptick in 2024

Genting Malaysia and Genting Singapore should benefit greatly from the return of Chinese visitors in 2024, according to brokerages Hong Leong Investment Bank (HLIB) Research and Maybank.