China's fans to be big spenders on 2018 World Cup hospitality
As many as 100,000 football fans from China, Hong Kong, Taiwan and Macau are expected to spend up to $25m on hospitality packages for the 2018 Fifa World Cup in Russia, according to Shankai Sports. The Beijing-based company is an exclusive agent in the four territories for the official hospitality packages for the football event, as well as for the 2017 Fifa Confederations Cup. Shankai's territories are expected to generate the fourth highest returns globally for the packages, as Russia is a relatively easy World Cup destination for Chinese fans to travel to. In 2014, Fifa hospitality packages generated $665m globally.

Shankai Sports is appointed as official agent to sell hospitality deals to fans in China, Hong Kong, Macau and Taiwan