A string of corruption scandals that pushed Beijing to crack down on bling and promote a “frugal working style” could spell bad news for the the luxe industry.
French contemporary label Zadig & Voltaire announced plans to open hotels in Paris in 2014, but its founder says Chinese tourists can’t stay there.
Wealthy Chinese travelers prefer to stay at the Hyatt and Marriott chains of hotels, according to New York-based wealth research firm Luxury Institute.
Luxury bicycles are the new darlings of the fashionable and wealthy in China, reports the Wall Street Journal China Chinese-language website.
Sheraton is the most sought-after luxury hotel brand on the Internet in mainland China, followed by Hilton and Shangri-La.
Vivienne Tam has designed a pair of slippers featuring a “Water Dragon” motif for Hilton Hotels & Resorts’ Chinese hospitality program, Huanying.