domestic tourism
Globalization No More: Get Ready for Another 12 Months of Local Luxury Consumption
COVID-19 forced luxury consumption to go local. It seems that things will stay that way for quite some time still — at least looking East. Read More
6 Reasons Experiential Luxury Will Redefine the Chinese Market
During the pandemic, the value of experiential luxury plummeted by an unprecedented 50 percent in 2020 versus 2019. Now, it’s back with a bang. Read More
What Shanghai’s Tourism Expansion Means for Luxury
Following the upswing in domestic travel, Shanghai has launched a program aiming to double its tourism revenue over the next five years. Read More
How Brands Should Navigate Douyin’s 600M Daily Users
With over 600 million active daily users, Douyin offers brands broad access to luxury’s increasingly important consumers: China’s Gen Zers and millennials. Read More
The Peninsula Beijing Unveils New Phase of Hospitality and Luxury with $123 Million Renovation
High-tech rooms, Chinese contemporary art and new dining options are part of The Peninsula Beijing's latest efforts to attract both international visitors and local residents. Read More
Japan’s Loss Is S. Korea’s Gain During China’s “Super Golden Week”
According to statistics released this weekend, China's "Super Golden Week" lived up to its name, with the number of overseas-bound travelers up 50 percent year-over-year and more than 34 million… Read More
More Chinese Hit The Road In Luxury RVs, But Market Still In Infancy
As a growing middle class spends more time (and money) on domestic travel, one development that's taken shape recently has been a burgeoning interest in that very Western of pastimes:… Read More-
Hainan Island Set To Launch Duty-Free Luxury Shopping Program In Sanya
Having established Sanya as one of the top tourist destinations in southern China, the Hainan provincial government now hopes the city can rival Hong Kong or Macau as a shopping… Read More -
Report: China May Surpass Japan To Become #2 Tourism Market Within Two Years
According to the Boston Consulting Group's latest report, the spending power of these tens of millions of mainland Chinese tourists should see them become the world's second-largest tourist contingent, surpassing… Read More -
China’s High Luxury Tax Under Fire
Under the backdrop of Beijing's annual National People's Congress, a new opponent to China's luxury tax has emerged: Wang Jianlin, chairman of the Dalian Wanda Group. Read More
