Redefining Today’s Chinese Luxury Travelers

Turkey is ramping up efforts to attract Chinese tourists. A new memorandum of understanding between Turkey and China aims to bolster tourism cooperation, with Turkish Tourism Minister Mehmet Nuri Ersoy and Chinese counterpart Sun Yeli leading the charge in a meeting last week. 

Have you been to Amsterdam? If so, there’s a good chance you’ve flown on a plane without knowing it. The company, better known by its catchier acronym KLM, is the flag carrier of the Netherlands and the world’s oldest airline operating under its original name.

The world’s top hotel executives are betting big on AI, groups, and India amid a post-pandemic travel resurgence that’s bolstering the bottom line despite economic headwinds and labor challenges.

Despite some record-breaking numbers for international travel, most travel spending still stems from domestic trips. Tourism within regions is growing, too.

In a rebound of international travel, over 1.5 million Chinese citizens embarked on outbound trips during the recent Golden Week holiday, marketing technology firm China Trading Desk told Skift.

Through the rest of this decade, demand for luxury tourism and hospitality will grow faster than any other segment, according to a new report released by McKinsey on Wednesday entitled “The State of Tourism and Hospitality 2024.” The study, based on a survey of over 5,000 travelers, shows how the profile of the global luxury traveler is changing.

Hello from Scotland! I'm Jordan Parker Erb, filling in for Joi-Marie.

The dollar is strong right now, and its value has risen steadily against many foreign currencies throughout the end of 2023 and up to today. On May 1, the New York Times listed ten major foreign countries that had lost significant ground against our currency since the first of the year, making them less expensive to visit. By significant I mean as much as 10% (Japan)—and that’s just the past five months. Many of these currencies had already dropped last year, making the travel savings for travelers even more dramatic.

For those who love to visit the poshest places on earth, a new study by Optimos travel ranks Aspen, Colorado as the most expensive vacation destination in the United States. According to the survey, visitors can expect to spend more than $761 a day in Aspen—although that amount fluctuates by season and how large you live. Rounding out the top three destinations are Park City, Utah and Maui, Hawaii.

India has experienced a significant drop in the World Economic Forum’s travel and tourism rankings since 2019, falling 10 places to the 39th position. This decline has come despite the sector’s overall growth and the nation’s natural and cultural assets.

The travel and tourism sector observed a 13.5% decline in deal volume from January to April 2024, with 217 deals compared to 251 in the same period last year.

Neptune Luxury Resort announces a culinary collaboration with Chef Salvatore Andolina, aiming to revolutionize Osteria’s menu with unique Italian dishes. This partnership enhances Osteria’s offerings through expert-led menu development and staff training workshops.