SOUTH ASIA NEEDS CHINESE TOURISTS BUT THE BORDERS ARE CLOSED
Countries in South Asia are announcing one after another the return of visitors, after a year and a half of border closures. Chinese tourists are being attracted to various destinations the most. Does ...
SWISS GUESTS SAVE THE DOMESTIC HOTEL MARKET
Last year, Switzerland recorded 38 million hotel overnight stays. Most of them were accounted for by the Swiss domestic travelers, which provided another record result. Only in the "pre-Corona years" ...
CHINESE TOURISM: NOT LIKELY TO RECOVER THIS YEAR
In 2021, global tourism had 448 million tourists and $637 billion in spending, a third of the pre-Covid level. In perspective, the volume of global tourism is now equivalent to that of the 1990s in te ...
AIRBNB LEAVES CHINA – NOT ONLY BECAUSE OF COVID
Airbnb has decided to suspend its rental accommodation offering in China due to repeated confinements since early 2020, according to a source close to the matter. The room, apartment and house booking ...
THE REAL ESTATE CRISIS IN CHINA IMPACTS TOURISM
Chinese tourists were the top travelers in the world in 2019. They spent over $250 billion collectively abroad, almost twice as much as their closest rivals, the Americans. Additionally, they recorded ...
