ELITE TRAVEL TRENDS
ELITE TRAVEL TRENDS Brought to you by Virtuoso Travel Week is the biggest annual event at the spectacular Bellagio Hotel in Las Vegas BY INVITATION ONLY Elite event reflects health of luxury travel market in USA – and abroad From 6 th through 12 th August 2016, at the Bellagio hotel in Las Vegas, The 28 th annual Virtuoso Travel Week means around 450,000 four-minute meetings with more than 4,000 luxury product suppliers and luxury travel advisors. “There is an unbelievable amount of current, vital information that is relayed between advisors and suppliers,” says Virtuoso travel consultant Pat B. Josten (based in Orange county, California), adding, “It is mind-blowing.” Virtuoso is the leading international travel agency network specialising in luxury and experiential travel. This by- invitationonly organization comprises over 370 agency members with more than 9,800 elite travel advisors in 30 countries throughout North America, Latin America, the Caribbean, Europe, Asia- Pacific and the Middle East. Drawing upon its preferred relationships with 1,700 of the world’s best hotels and resorts, cruise lines, airlines, tour companies and premier destinations, the network provides its upscale clientele with exclusive amenities, rare experiences and privileged access. More than (US) billion in annual travel sales makes Virtuoso a powerhouse in the luxury travel industry. Last year’s event set another new record for number of attendees, with 4,842 travel professionals from 90 countries. © 2013 King of Hearts SHANGHAI BECOMES ASIA’S CAPITAL OF LUXURY TRAVEL – FOR A FEW DAYS… From 30 th May through 2 nd June 2016, elite travel professionals gather in Shanghai for ILTM (International Luxury Travel Market) Asia. In its tenth year, it’s an invitation only global event where the suppliers of the world’s best luxury travel experiences get to meet the buyers representing Asia Pacific’s fast growing and sought after market of luxury travellers. 500 luxury travel suppliers from 54 countries attend the event, and over 22,000 business appointments are expected at ILTM Asia 2016. Alison Gilmore, Senior Exhibition Director of the ILTM Portfolio underlines the fact that half of the top ten “super-rich” cities in the world are now in Asia. Shanghai – a spectacular setting for the annual ILTM Asia event © 2015 Cleverdis
ASIA PACIFIC Hotel & Tourism SMARTreport #30 2016 Summer Edition 21 APAC TOURISM +5% IN 2015, +6.1% FORECAST FOR 2016 According to the UNWTO, Asia and the Pacific (+5%) recorded 13 million more international tourist arrivals last year to reach 277 million, with uneven results across destinations. Oceania (+7%) and South-East Asia (+5%) led growth, while South Asia and in North-East Asia recorded an increase of 4%. Among the world’s top source markets, China, with double-digit growth in expenditure every year since 2004, continues to lead global outbound travel. The research organisation IPK forecasts stronger growth of 6.1% this year in Asian inbound tourism, meaning the region will outpace world travel growth and continue to gain market share. Borobudur Buddha and volcano, Java, indonesia
