Understanding the value of high-end tourism. High-end tourism, worth up to £30bn to the UK, presents a critically important opportunity to rebuild the post-pandemic economy and support future prosperity across the country, based on a virtuous circle of hospitality, culture, travel and retail. In Walpole’s recent report “What It’s Worth: Enabling The Return Of The … Read more
Luxury fashion house says higher exchange rates for pound and euro are deterring Chinese tourists
Government hopes patrols by Chinese officers in Rome and Milan will help wealthy visitors feel ‘more protected’
The sustained growth in the number of Chinese international travelers presents huge opportunities for the global tourism industry, reveals the Hotels.com Chinese International Travel Monitor (CITM) 2015. According to the latest major annual study from Hotels.com, tech-savvy, younger and more affluent Chinese form a substantial part of the 20 percent growth in outbound mainland Chinese … Read more
Global consumer interest in luxury hotels has increased by 7.7 % over the past twelve months. Major growth rate coming from China (+39%), whilst interest from German consumers has dropped by 9.4%, according to the 2nd Edition of The World Luxury Index Hotels issued by by Digital Luxury Group in partnership with the Chair of … Read more
Gucci and Prada’s financial results are disappointing and there’s a fear that the west can’t provide what sophisticated Chinese shoppers want