ILTM Asia 2016 to introduce 40% new luxury travel buyers (China)
“OVER US$ 50 MILLION BUSINESS DEVELOPED AS A RESULT OF MEETINGS AT ILTM ASIA 2015”
26 Asia Pacific countries to be represented
ILTM Asia, Shanghai: 30 May – 2 June 2016 |
|
ILTM Asia 2016 to introduce 40% new luxury travel buyers (China)
“OVER US$ 50 MILLION BUSINESS DEVELOPED AS A RESULT OF MEETINGS AT ILTM ASIA 2015”
26 Asia Pacific countries to be represented
ILTM Asia, Shanghai: 30 May – 2 June 2016 |
Category: Asia Pacific - China - Events -
Calendar
This is a press release selected by our editorial committee and published online for free on 2016-02-26
Working in partnership with its exhibitors, International Luxury Travel Market Asia 2016 (www.iltm.com/asia) is now registering the continent’s most high level and productive luxury travel agents to attend. 26 Asia Pacific countries will be represented and over 40% of the hosted luxury travel buyers will be first time attendees to ILTM Asia 2016, taking place 30 May – 2 June in Shanghai.
Up to 500 exhibitors will showcase their brands and launch new products to highly qualified hosted buyers and top tier industry media, each pre-qualified to attend. Organisers have put a strong focus on recruiting even more buyers from China as well as Singapore, Indonesia and Hong Kong. Exhibitors will take the unique opportunity to meet with buyers from both established and emerging markets with the focus on developing immediate business opportunities as well as positioning for future growth.
International tourist arrivals grew by 4.4% in 2015 to reach a total of 1,184 million, according to the latest UNWTO World Barometer. Some 50 million more tourists travelled to international destinations around the world last year compared to 2014. 2015 marked the 6th consecutive year of above-average growth, with international arrivals increasing by 4% or more every year. China continues to lead the growth with outbound trips from China predicted to double by 2020, to approximately 234 million annually.
Chinese tourists are the biggest global spenders with total overseas spending increasing by 23% to US$229 billion in 2015, and projected to reach US$422 billion annually by 2020, as reported by the Fung Business Intelligence Center. The Chinese market accounts for 35% of all luxury retail spending according to the Hurun Luxury Report 2015.
During the four days of last year’s show, buyers expected to place USD 50 million as a result of the meetings that took place. Driving the growth of spending and tourism out of Asia, is the population of High Net Worth Individuals (HNWI) which continues to expand. The region is set to see the world’s highest growth of HNWIs projected into 2017, with 10.3% growth compared to 6.7% for the rest of the world according to the Capgemini Asia Pacific Wealth Report 2015. Given this growth in wealth combined with Asia’s increasing affinity for international travel, ILTM Asia 2016 is expected to lead to more business than ever.
Julian Hagger, LUX*Resorts & Hotels says:
“The Chinese and Asian Market is hugely popular for us not only for guests to Mauritius and The Maldives but now as we expand in China, ILTM Asia 2016 is once again the first date on our sales calendar every year!”
Ben Chapman, Tourism New Zealand adds:
“The knowledge of our luxury offering across Asia – and particularly China - is developing at pace. ILTM Asia continues to be an ideal platform to raise awareness across our key markets. ”
Alison Gilmore, Director, ILTM Portfolio concludes:
“ILTM Asia invites and hosts only those buyers who have significant business to place with exhibitors from multiple global destinations. With the combination of growth in both travel and wealth coming out of the Asia Pacific and especially China, we’re proud to offer exhibitors a valuable opportunity to reach this key source market. “Products or trips marketed as ‘authentic’, ‘limited edition’ or ‘VIP’ have always appealed to travellers from China. That used to mean shopping for luxury brands and visiting landmarks, but it now stretches to polar expeditions, cruises and safaris, all of which can be sourced in one place - ILTM Asia 2016.”
To register for accreditation and for further information, please see http://www.iltm.com/asia or contact andy.ventris@reedexpo.co.uk
ILTM International Luxury Travel Market (ILTM) is a portfolio of the world’s leading invitation-only events created for the business of luxury travel. ILTM brings together the world’s most sought after destinations, ultra-luxurious accommodation, elite transportation and unique travel experiences showcased for the most discerning hosted luxury travel buyers via an unrivalled pre-scheduled appointment system and effective networking and information opportunities.
Alongside the global flagship event in Cannes, ILTM has core international events in the Asia Pacific and Americas and 3 specialist events: ILTM Japan, ILTM Africa and Travelweek Sao Paulo by ILTM in Brazil.
LTM Japan: Tokyo, 29 February – 2 March 2016
ILTM Africa: Cape Town, 4 – 6 April 2016
Travelweek Sao Paulo by ILTM: 3 - 6 May 2016
ILTM Asia: Shanghai, 30 May - 2 June 2016
ILTM Americas: Mexico, 26 September – 29 September 2016
ILTM: Cannes, 5 December - 8 December 2016
www.iltm.com
Reed Travel Exhibitions Reed Exhibitions is the world’s leading events organizer, with over 500 events in 43 countries. In 2014 Reed brought together over seven million active event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organized by 41 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events and is part of Reed Elsevier Group, a world leading provider of professional information solutions.
www.reedtravelexhibitions.com
oneworld Partnership Reed Travel Exhibitions (RTE) has signed a global agreement designating oneworld as its exclusive airline partner for 2016, in a partnership covering RTE events worldwide including the entire ILTM portfolio. Attendees will be able to make flight reservations via www.oneworld.com/events for travel to these shows - and receive discounted fares for themselves and a companion. Participants can fly on any oneworld member airline, which include 15 of the world’s leading carriers, serving between them more than 1,000 destinations in 150 plus countries.
www.oneworld.com/events
Its members include airberlin, American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LAN Airlines, TAM Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Jordanian, S7 Airlines and SriLankan Airlines, and around 30 affiliates.
|
|
