Wharf, Hong Kong’s biggest retail landlord, saw 3% sales growth because its Harbour City mall is less reliant on luxury sales.
Customised travel services are seeing a surge in popularity, forcing China’s travel agencies to place emphasis on the quality of travel itineraries to retain customers, according to a Hurun Report.
The tourism sector’s target of receiving 13 million foreign travelers in 2017 is within reach as more Chinese and South Korean visitors are coming to Vietnam, according to VietNamNet Bridge.
China is currently working to expand its high-speed rail network to “eight vertical and eight horizontal” for a full coverage of the country’s central and western regions.
China had already achieved 40% mobile booking penetration (MBP) by 2015. It now stands at 59% and is expected to climb to a dizzying 77% by 2020, far outpacing the rest of the world.
The growth of outbound tourism traffic from China and their spending were slowing in 2016, while tourism traffic to “Belt and Road” countries increased significantly to around 50 million during the year.
With its high-style, urban camping aesthetic, incredibly affordable room rates ($149) and a variety of industry innovations, Moxy is aiming squarely at today’s modern traveler.
As one of the first employees at Booking.com, Gillian Tans has witnessed its transformation from tiny website catering to Dutch holiday-makers into the world’s biggest accommodation booking site.
