Travel destinations the world over are struggling with a new kind of traveler: a younger millennial or Gen Z tourist, hungry ...
Bethesda-based hospitality giant Marriott International Inc. Friday announced it has signed an agreement with Shum Yip Holdings Company Limited to introduce The Luxury Collection and AC Hotels by ...
China‘s slower-than-expected economic recovery — dented by deflation woes, slow retail sales growth, rising youth unemployment rate and fragile consumer sentiment — means that most consumers will ...
Major luxury brands struggled in China in the first half of the year. There's little relief in sight. China's luxury market could face its worst quarter in four years, amid aggressive stimulus ...
JINAN, CHINA - FEBRUARY 06: Performers in Han costumes holding festive lanterns written with Chinese character 'Fu', meaning good fortune, parade at a tourist attraction before the Chinese New Year, ...
Consumer spending in China is down, and luxury brands are feeling the hit. Brands like Balenciaga, Burberry, and Marc Jacobs have offered big discounts to reel customers back in. But experts warn that ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. “The affluent luxury market is in a state of balance ...
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