WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
The Lunar New Year is seeing that in Hong Kong, more than 50% are looking at exploring international travel.
WeChat presents two key opportunities for travel and hospitality businesses worldwide, according to WeChat Pay’s EMEA regional director Queena Liu.
The next wave of Chinese outbound tourists will rush out only stronger after the additional delays.
Chinese banks pump investment to boost cultural, tourism industries; Lagardère Travel Retail partners with Hainan Tourism.
Chinese consumers spending at home has boomed as a result of both the global pandemic and local government policies to stimulate domestic consumption.
Visitors from Guangdong province made up nearly 60% of Macau’s mainland Chinese visitors for the first 11 months of 2020.
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
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