Over four million Chinese visited Japan in the first 10 months of 2015, according to the Japan National Tourism Organization’s latest data.
Emei Mountain Tourism will set up a wholly-owned subsidiary Emei Mountain Global Smart Tourism Cultural Co, with registered capital of RMB20 million.
Slowing economy, devaluing yuan and plummeting stock market will likely dampen the outbound travel enthusiasm of Chinese tourists.
China has become the biggest visitor source market for the UK visitor visas issued to Chinese visitors exceeded those issued to Indian and US nationals.
Ctrip has seen visitor number to Japan doubling and has became the first Chinese OTA to get a tour operator license in Japan.
Visitor arrivals to Hong Kong fell for the fifth month with a 2.7% y-o-y drop in October to 5.0735 million, according tothe Hong Kong Tourism Board.
Chinese visitor spending Korea has recovered from the a low point during the MERS scare and is showing strong growth once again.
Chinese property developer giant Wanda Group is reportedly in talks to acquire a 75% stake Marina d’Or Resort in Spain’s Castellon province for €1.2bn.
