brexit
Election and Terrorism Concerns Drive the Valuation of the Yuan Against the Pound
Election and terrorism concerns driving a weaker pound and stronger yuan will likely result in increased numbers of Chinese tourists traveling to the UK. Read MoreBain Predicts Chinese Tourists in Spain, UK to Help Luxury Market Rebound in 2017
Luxury brands have to 'adapt to a millennial state of mind' to fuel growth, according to Bain & Company's new report. Read MoreHeathrow ‘Passenger Ambassadors’ Secretly Encouraging Chinese Travelers to Spend Money at Airport Stores
Heathrow Airport has been found to use its passenger ambassadors to encourage travelers to spend money at stores and restaurants throughout the airport. Read MoreAverage Chinese Tourist Spending is Declining, But It’s Not All Bad News
As international tourism is becoming increasingly accessible for less affluent Chinese consumers, average spending among Chinese tourists is dropping. Read MoreBrexit: The Chinese Tourist Boom That Wasn’t
Data released from Visit Britain suggests Chinese spending and tourism in the UK actually dropped post-referendum. Read MoreWhat the Chinese Acquisition of a Local Pub Tells Us About Chinese Investments in Tourism
The acquisition of a local British pub is just part of the larger trend of Chinese overseas investments in companies that deal with Chinese tourists. Read MoreSouth Korea Looks Beyond China for Future Tourism Growth
Tourist arrivals in South Korea reached an all-time high in 2016, but tourism authorities are concerned that it is too reliant on the Chinese market. Read MoreDeloitte: China’s Luxury Price Gap Remains Wide
Recent analysis by the consulting firm finds that luxury prices in China remain some of the highest in the world as the gap with the UK becomes especially wide. Read MoreChina’s Golden Week Goes More Global: Tourism Growth Sped up Abroad as Travelers Shunned Crowds
In spite of an economic slowdown, data suggests that year-on-year growth of international travel during China’s Golden Week picked up pace. Read MoreBritish Polo Day Offers Luxury Branding Extravaganza in Beijing
Brands including Bentley and Harrods gathered in Beijing for the annual event aimed at promoting the DNA of British luxury to China's elite. Read More