APAC’s growing prosperity fuels travel industry’s growth
Rising earnings are fanning Asians’ desire to travel, according to the findings in the ITB World Travel Trends Report compiled by IPK International and commissioned by ITB Berlin.A year-on-year comparison shows that in the first eight months of 2011 the number of Asians travelling abroad rose by [...]
Taipei, Australia top holiday destinations for Asians
HotelClub Hotel Index reveals the top 10 regional and long haul international destinations for Asians travelling during the busy holiday season.The results tracks both the most popular destinations booked by HotelClub’s Asian members, as well as the hotel pricing trends for each city compared to [...]
Europeans still travelling despite euro crisis
The continuing economic turbulence in Europe has not put a dampener on the continent’s tourism industry. On the contrary tourism industry figures are up. These are the findings of the ITB World Travel Trends Report compiled by IPK International and commissioned by ITB Berlin.The findings show, o [...]
GCC’s youthful population will reshape the region’s travel landscape
The rapidly changing demographics in the Gulf Cooperation Council (GCC) countries, which are younger, wealthier and more family-oriented than other regions worldwide, will fuel major shift in the region’s travel over the next 15 years, according to an Amadeus-commissioned report.
The rep [...]
Online shopping popular among Indians
The latest report by comScore Media Metrix service on visitation to the top retail and coupon sites in India found that nearly 60% of online users in India, or 27.2 million, visited a retail site in November 2011.Coupon sites are also rapidly gaining in popularity, with 16.5% of the Indian online [...]
South Korea, rising tourism star
Amadeus has predicted that South Korea will be a market to watch in 2012 for both inbound and outbound travel growth.According to the Korea Tourism Organisation (KTO), Korea has already registered a record number of visitor arrivals for 2011 - nine million visitor arrivals as of December 1, exce [...]
Japan’s travel balance swings to black for first time in 44 years
Glad to know that Japan’s travel balance swung into the black for the first time in about 44 years in April.
This means foreign visitors spend more in Japan than Japanese spent on overseas travel. A Nikkei report cited government statistics that said the surplus of 1.7 billion yen ($171 m [...]
Travel set to soar, China outbound set to surpass US this year
A major industry study written by Oxford Economics and commissioned by Amadeus, forecasts travel to grow by 5.4% per annum over the next 10 years, outpacing global GDP. The report also predicts that large emerging markets will be driving this growth, with China set to surpass the U.S to bec [...]
Thailand prepares for Miracle, Myanmar gets set for Gold Rush
It was good to be back in Bangkok again, feasting on my favourite eats and seeking out new places to satisfy my always-hungry senses.It was also good to see the smiles back on my travel friends’ faces and hearing them say, “It’s slowly coming back” although how many times they’ve said tha [...]
Top travel websites 2011 – Hong Kong and Singapore
A look at the top 10 travel websites for 2011, as of January 2012, from Experian HitwiseIn Hong Kong jipiao.trip.taobao.com took the lead with 10.7% share of visits compared to Ctrip's 8.2% and Qunar's 7.2% respectively [...]
