Tag Archives: dubai

Chinese Tourist Groups Set To Depart For UAE And 8 Other Nations

Tour Operators Looking To Chinese Tourists To Give Tourism Industry A Shot In The Arm

China began direct flights to Dubai in 2006. Soon, tour groups will be able to obtain visas much more easily to travel to the UAE

China began direct flights to Dubai in 2006. Soon, tour groups will be able to obtain visas much more easily to travel to the UAE

In recent years, international agreements and relaxed travel laws have made it easier for Chinese tourists and tour groups to head abroad, and as the global tourism industry remains sluggish, Chinese tour groups look set to head overseas, to countries for which it was previously difficult or impossible to obtain visas. Among the countries that Chinese tourists will soon be able to visit in tour groups are the United Arab Emirates, which is projected to be among the most popular destinations for Chinese groups, as direct flights to Dubai have operated through China for quite some time.

Xinhua notes that the new law will take effect September 15, and it would seem that Dubai and the UAE will experience a jump in tourism (and its attendant capital inflow) from this new relaxation of travel restrictions:

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Dubai’s Jumeirah To Manage New Beach Resort In Hainan

Qing Shui Bay Resort In Sanya Follows Previous Jumeirah Agreements In Shanghai, Guangzhou and Macau

hainan

Hainan Island, the "Hawaii of China," has become a popular tourist destination for mainland Chinese and non-Chinese alike, attracting many major luxury hoteliers in recent years

Reuters reports today that Dubai’s Jumeirah Group has just signed an agreement with Hong Kong-based Agile Property Holdings to manage the new Jumeirah Qing Shui Bay Resort in Sanya, Hainan province — the southern island known by many as the “Hawaii of China.”
The new beach resort will join a number of other luxury hotels in the area, including the Ritz-Carlton, Banyan Tree, Le Méridien and Mandarin Oriental, and will be comprised of a 250-room hotel and 50 private villas. The resort is slated to open in 2013.

Although specifics on the cost of the project have not yet been released, AME Info sheds some additional light on the new project:

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International Auction Houses Bullish On China Market

Bonhams CEO Singles Out China Among The Brightest Prospects For Future Auctions

A new interview with Malcolm Barber, CEO and group managing director of international auction house Bonhams, just caught my eye. Barber discusses his experience at the auction house over the years, noting trends and unique examples of the unpredictable auction market, and points out his predictions for his auction house’s long-term international prospects. Barber is optimistic that emerging auction markets like Dubai and China will continue to drive growth and demand, both in traditional luxury goods and more dynamic fields, such as contemporary art. Barber discusses the current state of auctions, and the exceptional growth his auction house has seen in China in recent years and expects to continue to see:

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