The surge in outbound Chinese travelers over the last decade has had an impact on a variety of industries around the world. The travelers have both benefited and challenged retailers, consumer goods brands, the travel sector, and hospitality services.
Over the past year, Chinese travel has become increasingly social and digital, according to Oliver Wyman’s latest survey of the subject. Making the most of this opportunity requires up-to-date insights into and understanding of Chinese travelers and their motivations, as well as a concerted strategy that leverages local platforms and digital media. Does your organization have in place what it needs to attract today’s Chinese travelers? And tomorrow’s?
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Insights Prepare For Turbulence Chinese travelers are spending longer in distant locations – and spending less on shopping. -
Journals Retail And Consumer Journal Volume 6 Continuing upheaval in retail and consumer makes for very exciting and – at least for some – distressing times. Online commerce is advancing like a tsunami, and engulfing an ever-wider range of segments, including some that in the past were critically dependent upon physical stores. Big changes are afoot.