Luxury travel booms at ILTM Asia Pacific 2024
650 luxurious journey advisors representing excessive internet value travellers from 30 nations participated within the occasion
TDM Editor
Given how Asia stands to be the fastest-growing marketplace for luxurious journey this yr, luxurious journey advisers trooped to Singapore to hunt out recent alternatives at ILTM Asia Pacific 2024.
From 1 to 4 July, greater than 650 chosen luxurious journey advisors and curators representing 30 nations all through Asia met up with international luxurious journey suppliers in devoted, mutually matched conferences.
Exhibitors had been eager to profit from their appointments with consumers to hunt the growing numbers of rich APAC travellers by way of their pre-scheduled appointments.
The occasion kicked off with an Opening Discussion board that includes a worldwide outlook from the Economist Intelligence Company Community, highlighting that Asia is predicted to account for 60 % of world GDP development in 2024. This determine is greater than the pre-pandemic common and serves as a key for development alternatives.
Devoted client intelligence analysis produced by ILTM in affiliation with FINN Companions revealed that the way forward for journey is within the arms of China’s feminine travellers who make 70 to 80 % of journey choices and account for practically six out of ten Chinese language vacationers final yr, underscoring a shift within the gender dynamics on this planet’s largest supply market.