Chinese tourists favor the U.S. and Australia to the detriment of Europe
Chanel store Melbourne
Safety has become a priority issue for Chinese tourists this year, putting traveling to hot spots in Europe and other parts of the world on hold. Terrorist attacks have caused major waves of tour cancellations, but a series of recent incidents have compounded problems even further. With interest in Paris already dwindling, Chinese locals there protested in the streets last week after a Chinese tailor died of injuries from being mugged. This followed a scare last month, when a group of 27 Chinese tourists on an airport bus were tear gassed by thieves. France 24, a local news outlet, reported that ?violent robberies? of Chinese have tripled in the last year, adding that they ?are seen as lucrative prey as they are thought to habitually carry large sums of cash.? Chinese tourist numbers to Paris were down 5.7 percent in August, and the city has suffered a major loss of revenue this year, with flight bookings to France dropping 20 percent after July. But in the midst of unrest in Turkey, attacks in Germany and Belgium, an earthquake in Italy, and more, Europe as a whole has suffered with it?about half of the Chinese tourists planning to head there this summer canceled their trips, according to China Business News.
High-end retailers have experienced major losses in profit this year, particularly due to the ebbing flow of Chinese tourists to France and other parts of Europe. Luxury brands are depending on either a resurgence in Chinese travelers or demand...
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