HNWI
Why Luxury Brands Overlook These Non-HNWI Spenders
Luxury brands have been primarily focused on High Net Worth Individuals (HNWI), but are they missing out on other important segments in China? Read More
What China’s Affluent Consumers Want Post-COVID-19
Agility Research & Strategy just released its second consumer study, which gauges the impact of COVID-19 on eight key luxury markets in China. Read More
Top 0.5% of International Shoppers Account for 17% of Global Tax Free Spending, Says Study
Elite shoppers tend towards high-end products, with the Global Blue study showing that almost 75% of their spend is in the luxury or hard luxury categories. Read More
Economic Uncertainty is a Boon for VistaJet in China
Economic uncertainty, anti-corruption drives, and capital controls are actually increasing demand in China for VistaJet's luxury flight experiences. Read More
Top Destinations for Wealthy Chinese Looking to Move Abroad Revealed
Hurun Report has revealed the top destinations for Chinese HNWI immigration, which is driven by concerns about education and pollution. Read More
China’s Private Wealth Market Is Slowing, Report Says
A new report by Bain Consulting and China Merchants Bank shows that China’s private wealth market will still increase at a double-digit pace. Read More
The Top 10 Most Popular Global Hotel Brands for China’s Wealthy in 2016
According to Hurun's 2017 Chinese Luxury Travel Report, these are the most popular hotel brands with China's wealthy travelers. Read More
Boutique Hotels on the Rise as China’s Wealthy Splurge on Accommodation
China's wealthy are willing to spend more than ever on hotels, and they increasingly favor boutique hotels for their travel accommodation. Read More
Report: China Has World’s Most Billionaires for Second Year in Row
China may have lost two billionaires in the past year, but the Hurun Report claims it still has more than the United States. Read More
China’s Rich Opt for Luxury Nursing Homes Over Filial Obligations for Aging Parents
In a trend that reverses the Confucian tradition of filial piety, a new report finds that there's been an 87 percent spike in interest in senior living communities among China's… Read More
