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china outbound tourism
At the end of this annus horribilis, after so much hardship and so much obedience demonstrated by societies in lockdown around the world, we are all entitled to a nice Christmas present and the prospect of a better tomorrow.
It’s difficult to enter a tourist hotspot in Asia without observing signs written in Chinese, or a street vendor shouting greetings in Mandarin - a testament to the influence of Chinese outbound tourism.
Tourism arrivals showed strong growth into Macau in September, though government data shows the biggest gains were in the lower spending day tripper category.
Suncity Group Holdings has bought a further 24.68 percent stake in Summit Ascent Holdings for HK$717.8 million ($91.5 million) as it seeks to build an “integrated tourism-related platform.”
The slowdown in Macau’s gross gambling revenue is expected to bottom out in Q2, with recent tax cuts and credit easing in China likely...
The Greater China region -- Hong Kong, Macau and Taiwan -- got the lion’s share of all outbound tourists from the mainland in 2018, according to the China Outbound Tourism Research Institute.