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Cashing in on Chinese tourism boom

Here are three ways that Singapore businesses can tap the significant Chinese tourism traffic fanning out across Asia.

Singapore's homegrown Nanyang Old Coffee experienced a two-fold benefit by adopting Alipay. Firstly, it was able to offer a frictionless customer experience as transactions via Alipay only take five seconds to be processed. Secondly, since the mobile payment platform removes the worry that travellers have of not having enough Singapore dollars, it indirectly encourages Chinese consumers to spend more.

ASIA is fast becoming a popular short-haul travel destination for Chinese travellers. A recent Nielsen report found that 67 per cent of the Chinese consumers who went overseas in 2017 had travelled to Asian countries due to simpler visa procedures, more affordability compared to destinations...

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