61% say they will respond to significant industry disruption by transforming their core offerings as well as by investing in new offerings.
Cash bonuses, shopping vouchers, movie tickets, free entry to local attractions, and even food and decorations are among the incentives being offered.
Arrivals in January 2020 alone accounted for the majority of the annual total.
Smaller tailor-made tours have enjoyed more than 50% year-over-year growth.
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
WeChat presents two key opportunities for travel and hospitality businesses worldwide, according to WeChat Pay’s EMEA regional director Queena Liu.
Chinese banks pump investment to boost cultural, tourism industries; Lagardère Travel Retail partners with Hainan Tourism.
The projects are expected to receive a total investment of around USD 95.7 billion.
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