Luxury travel booms at ILTM Asia Pacific 2024

Luxury travel booms at ILTM Asia Pacific 2024

650 luxurious journey advisors representing excessive web price travellers from 30 international locations 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 contemporary 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 world luxurious journey suppliers in devoted, mutually matched conferences.

Exhibitors have been eager to profit from their appointments with consumers to hunt the rising numbers of rich APAC travellers by way of their pre-scheduled appointments.

The occasion kicked off with an Opening Discussion board that includes a world outlook from the Economist Intelligence Company Community, highlighting that Asia is predicted to account for 60 p.c 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 p.c of journey choices and account for almost six out of ten Chinese language vacationers final yr, underscoring a shift within the gender dynamics on this planet’s largest supply market.

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