Luxury travel booms at ILTM Asia Pacific 2024

Luxury travel booms at ILTM Asia Pacific 2024

650 luxurious travel advisors representing excessive web price travellers from 30 nations participated within the occasion

TDM Editor

Given how Asia stands to be the fastest-growing marketplace for luxurious travel this 12 months, luxurious travel advisers trooped to Singapore to hunt out contemporary alternatives at ILTM Asia Pacific 2024.

From 1 to 4 July, greater than 650 chosen luxurious travel advisors and curators representing 30 nations all through Asia met up with world luxurious travel suppliers in devoted, mutually matched conferences.

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

The occasion kicked off with an Opening Forum that includes a world outlook from the Economist Intelligence Corporate Network, highlighting that Asia is predicted to account for 60 p.c of world GDP development in 2024. This determine is larger than the pre-pandemic common and serves as a key for development alternatives. 

Dedicated shopper intelligence analysis produced by ILTM in affiliation with FINN Partners revealed that the way forward for travel is within the fingers of China’s feminine travellers who make 70 to 80 p.c of travel selections and account for practically six out of ten Chinese vacationers final 12 months, underscoring a shift within the gender dynamics on the earth’s largest supply market.

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