A $1 trillion global airport spree is threatening the status quo of Singapore and Hong Kong as key transit points connecting travelers in Asia to and from the rest of the world.
Hoteliers are prioritizing budgets around social media and marketing campaigns over spending on the specific services that Chinese travelers require.
Spring Airlines, China's largest budget carrier, is determined to meet growing demand for affordable travel —— but not necessarily by flying solo
A luxury “air cruise”, which can hold up to 450 people, will only carry 86 wealthy Chinese to Kenya for $45,000 a ticket, more than 38 times the country’s gross national income of USD 1,160 per capita.
Air France plans to launch new airline brand Joon in September, aiming at a young working clientele, the millennials (18 to 35 year-olds), providing "innovative and offbeat" experience.
Juniper Research‘s latest attempt to quantify the so-called sharing economy sees it place a value on the sector of $40.2 billion by 2022, compared with this year’s $18.6 billion.
China will become the world's largest cruise market by 2030, with 8 to 10 million customers each year, according to figures by the Shanghai International Shipping Institute.
Chinese international tourism spending reached $261 billion in 2016 and CLSA projected that the spending will reach $429 billion in 2021.