A research pointed out that travelers who snapped photos and selfies on vacation “were 40% more likely to remember their vacations well than those who didn’t.”
Musement has shown there is still a bit of capital swilling about for consumer-facing platforms for tours and activities – landing a $10 million round this week.
Wanda Group is investing RMB 100 billion (USD 14.7 billion) to build a theme park complex and series of commercial centers in China’s central Hunan province.
China predicts spending at its parks to reach nearly USD 12 billion by 2020, with visitor numbers surpassing 330 million, according to a report of Attractions Management.
Songcheng plans to build an entertainment park in the Gold Coast city of Queensland. The investment for the first phase will be around RMB 2 billion.
In less than half a year after its inauguration, Shanghai Disney Resort now plans to build new themed area Toy Story Land which will be open in 2018.
Printemps is the first department store in France to adopt Chinese payment solution Alipay to attract tourists.
China continues to be the world's top source market and has seen a 19% increase in spending so far in 2016, according to data from UNWTO.