macau
What Brands Need To Know About Golden Week 2020
This year’s Golden Week has been extended, but it is still likely not to see as much tourism traffic as last year’s holiday. Read MorePrada Stays Confident Despite A Rough First Half
Though net revenues fell by 40 percent during the first half of 2020, Prada had recorded high double-digit sales growth in China since April. Read MoreCan Macau Replace Hong Kong as a High-end Shopping Destination?
While Hong Kong's economy stumbles under the weight of protests, Macau waits in the wings as China's next big tourist location, but how much can it grow? Read MoreChina May Legalize Gambling on Hainan Island: Bloomberg
The move would pose a huge challenge to luxury properties and brands in Macau, while presenting a new opportunity that may prove even bigger. Read MoreMGM’s New Macau Resort Promises to Offer Asia’s First “Dynamic Theatre” Experience
MGM's new Cotai location promises to be a comprehensive entertainment center and reflects the changing nature of Macau's tourist industry. Read MoreSharp Rise in Macau VIP Gambling Revenue Signals New Beijing Crackdown
Macau's VIP baccarat rooms have experienced a sharp rise in revenue, but this may convince Beijing another major crackdown is needed. Read MoreGenting Redesigns Las Vegas Casino for Young Chinese Travelers
Genting Group is delaying its Chinese-focused Las Vegas casino resort to make it more attractive to China's young gamblers. Read MoreWill Chinese Retaliation over THAAD Cause Overall Chinese Tourism to Drop for First Time?
Chinese curbs on tourism to South Korea over THAAD is causing concerns that Chinese outbound tourism may see negative growth for the first time. 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 MoreReport: Number of Chinese Overseas Journeys to Increase by 50.5% in Five-Year Period
A report by MasterCard shows that Chinese travel will reach some 103.4 million overseas journeys by 2021, with a lot more room for growth. Read More