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Tourism in Eastern Asia

  • VC Watch: Chinese Rival To Airbnb Gets $300 Mln In Funding

    UNITED STATES, 2017/10/12 Airbnb's biggest rival in China,, has raised $300 million in funding from investors as part of its efforts to expand rapidly and tap growing request from Chinese tourists holidaying around the world. The new funding values Tujia at $1.5 billion, compared to the valuation of $1 billion at the same time as the Beijing-based startup last raised funding in 2015. The investment round was led by online travel giant International Ltd. and All-Stars Investment Ltd. China Renaissance's New Economy Fund and Glade Brook Capital, by presently an investor in Airbnb, as well took part in the funding along with G Street Capital.
  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Alpico Group Japan Unveiling the many faces of a beautiful country

    JAPAN, 2017/08/11
  • Chinese tourists in Cambodia surge 35.6 pct in 1st 5 months

    CAMBODIA, 2017/07/11 Cambodia attracted 441,070 Chinese holidaymakers in the first five months of 2017, up 35.6 percent over the same period last year, according to a Tourism Ministry report on Monday.
  • BestCities sees opportunity at 2017 Global Forum Tokyo

    JAPAN, 2017/05/29 BestCities World Alliance is set to champion inclusivity and multi-culturalism within the business tourism industry in 2017 and beyond, following the announcement Building World Connections Across Cultures will be the core theme underlying this year’s BestCities World Forum, taking place in Tokyo 4-7 December 2017. Building on the 100% delegate success ratings in Dubai 2016, the second BestCities World Forum will be hosted in partnership with the Tokyo Convention & Visitors Bureau (TCVB). The impressive programme of education, insight and networking, is by presently shaping up to be this year’s must-attend event for senior international association conference planners, looking to increase the positive impact of their meetings.
  • China becomes a major power in tourism

    CHINA, 2017/03/11 China has become a major power in tourism. Over the last ten years travel abroad has increased steadily. Yan Han, Deputy Secretary General of the World Tourism Cities Federation (WTCF), said: “Earnings have risen and television and the internet have made Chinese people additional curious to explore other cultures and nations. The government has made it easier to travel abroad.” The Chinese want to find out about culture and history, visit historical buildings, museums and art. However, they as well want entertainment and at the same time as in Munich to be able to watch Bayern play, the WTCF manager said. “Football is very popular in China. Where I come from a lot of people know a lot about Germany.” For over 90 % of Chinese tourists good travel insurance is part of the transaction. “Safety and health are a very significant part of travel preparations.“
  • Yoshifumi Kato, President of Keihan Holdings

    JAPAN, 2017/03/04 "Tourism is an essential factor for the increase of our country,” affirms Yoshifumi Kato Kato, President of Keihan Holdings, which boasts a portfolio of 50 companies with a solid diversification strategy that includes railway industry, tourism, and real estate. Moreover, the company is undertaking an aggressive world expansion that spans from China to real estate investments in famous buildings in New York and Boston. Keihan Holdings has been able to leverage on Japan’s tourism boom in the area that stands for the epicenter of Japan’s culture, namely Kyoto and Osaka. From Kyoto’s 17 World Heritage Sites to Osaka’s world's famous culinary tradition, at the same time as asked about the major reasons why tourists should come to the area, President Kato says, "to sum it up in one single word: culture.”
  • Macau receives 30 million visitors in 2016

    CHINA, 2017/01/23 Macau received over 30 million visitors in 2016, 28 million of which came from mainland China, and last year was the initial in a decade at the same time as the number of overnight visitors was higher than day visitors, said the director of the Government Tourist Office. Maria Helena de Senna Fernandes pointed out that while the total number of visitors saw annual increase of 0.8% to 30.95 million people and visitors from China remained virtually unchanged, increasing by just 0.1%, the number of international visitors increased by 7.9%.
  • ‘Cool Japan’ keeps breaking tourism records

    JAPAN, 2016/05/26 The tourism boom is one of the benefits of Abenomics changing mindsets in Japan and opening up the country to the rest of the world, with a lot of businesses eager to jump into one of the economy’s brightest markets Spectacular cherry blossom displays, stunning Shinto temples and shrines, a fresh and light cuisine popular around the world, national-of-the-art transport and the unfailingly polite locals have long drawn foreign visitors to Japan.
  • Beijing hutong overun by tourists wants off "tourist site" list

    CHINA, 2016/05/15 Beijing’s central hutong Nanluoguxiang has voluntarily applied to be stripped of its ranking as an A3-level government-recommended tourist site, saying it's being overcrowded with tourist groups. Traditional hutongs in Beijing are famous for their peaceful atmosphere and sense of nostalgia. But that's certainly not the case with Nanluoguxiang. The 7-century-old hutong in downtown Beijing is only about 800-meter long, but local tourist authorities say the narrow street is often clogged with up to 100,000 visitors in a single day during major holidays.