tourism Archives - Inside Retail Asia

Tourists visiting Singapore chase bargains, not baccarat

Retail has displaced gambling as the single largest drawcard for tourists visiting Singapore.

Tourists visiting Singapore chase bargains, not baccarat

Retail has displaced gambling as the single largest drawcard for tourists visiting Singapore.

Mainland visitor slump underlines retail woes

Falling mainland visitor numbers into Hong Kong underline the city’s current retail woes.

Hong Kong tourism gets budget boost

Hong Kong tourism received a big boost in yesterday’s budget – which should produce a positive spin-off for retailers.  

Food tops Korea visitors’ shopping lists

The average travel spend per foreign Korea visitor has been calculated at US$2100, with around half of that devoted to shopping.

Bossini profit decimated

Bossini profit may fall up to 90 per cent in the half year to December 31, the company has warned shareholders.

Where Chinese tourists are spending their shopping dollar

As Chinese tourists discover new destinations, retailers in neighbouring countries are being left in the dust.

Hong Kong retail sales reflect tourism downturn

Hong Kong retail sales figures for August highlight the SAR’s problem: falling inbound tourism.

Hong Kong retail: the tourist factor

Hong Kong retail has undergone massive change in the last decade – driven by the tourist boom.

Luxury retailers must adapt to ‘new chic’

Global luxury markets are growing steadily – but luxury retailers need to change their strategy to make the most of that growth. According to report by research house BCG, retailers must adapt to new levels of market complexity, accommodate new kinds of purchasing behaviours, push into new geographies and cities, evaluate different business models, and do more with digital technology. Luxury players must anticipate such changes by focusing not on regional-level strategies – often their con…

China’s middle classes love Australasia

Study finds 40 per cent of Chinese middle class have travelled in Australasia; 94 per cent of them have purchased luxury items while travelling.

Grand Thai sale kicks off

Tourism Authority of Thailand and Visa launch the 14th Amazing Thailand Grand Sale 2012.