The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreJan 2016
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Shanghai continues to see healthy increases in both international arrivals and domestic trips, although on-going concerns about pollution and the economic slowdown in China have reduced growth rates. Infrastructure is constantly improved to cater for higher leisure and business tourism flows. This includes the current expansion of Pudong International airport, several hotel openings by international chains, cruise terminal development and the opening of Disneyland Shanghai, set for June 2016.
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International arrivals to Shanghai grew in 2014, driven mainly by regional flows, particularly from Japan, Taiwan, South Korea and Hong Kong.
Shanghai has maintained arrival growth, but concerns about the ongoing economic slowdown and pollution worries are potential future problems.
The introduction of a 6-day transit visa was recently announced, which will enable residents of 45 countries to visit for 144 hours en route to a further destination.
Shanghai has three cruise ports, and has become a major stopping point for regional cruises, as well as seeing increases in the number of trips starting from its terminals.
Despite concerns about oversupply, hotel openings continue in Shanghai, with the focus on luxury boutique-style outlets operated by international chains.
January 2016 saw work start on the terminal expansion at Pudong International Airport, which will allow for an annual capacity of 80 million passengers when completed in 2020.
Shanghai Disneyland will finally open to the public on 16 June 2016, and will bring a much needed unique leisure attraction for visitors to the city.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.