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65. Travelzoo Asia Pacific Survey Forecasts 17% Increase in Travel Budgets
Results from Travelzoo Asia Pacific’s annual subscriber survey forecast an increase this year of 17% in travel budgets over 2013. The results also highlighted transformations in the vacation spending patterns of Mainland Chinese travelers, with the majority willing to spend more for upgrading their holiday experiences and high-end accommodations.
66. ITB World Travel Trends looks at Luxury Travel
ITB World Travel Trends looks at Luxury Travel. The number of trips in the medium-priced travel category (750 to 2,500 euros per trip) fell by 9%, representing 33% of trips overall, with spending in this segment accounting for 47% of the market. The number of trips undertaken by holidaymakers who spent a maximum of 750 euros fell by 4%, still 62% of the overall travel market. Howev
67. Asia Pacific Households to Spend US$5,230 Annually on Overseas Travel by 2025
According to a new Visa report, some 109 million Asia Pacific households are expected to go on an international trip once a year by 2025, up 65% from 2015. Over the same period, Visa's report, Mapping the Future of Global Travel and Tourism in Asia Pacific, which forecasts travel and tourism trends in the next 10 years (2015 to 2025), found average annual spending by households dur
68. Women Travellers to play Growing Role in Development of Asian Travel Industry
Women Travellers to play Growing Role in Development of Asian Travel Industry. As women travellers grow rapidly in numbers, spending power and influence, Asia’s travel industry is responding with a greater focus on safety, wellness and the ‘web’.Making around 125 million trips a year and rising in Asia, women are set to play a decisive role in the development of the travel, hospita
69. Latest Travel Trends of Thai Travellers
As many as 89% of Thais said they have traveled overseas for leisure in the past two years, logging in five trips in the period, and spending about THB44,000 per trip, according to the latest Visa Global Travel Intentions Study conducted earlier this year.
70. Record Year for Hong Kong Disneyland; New Hotel to Add 750 Rooms
Hong Kong Disneyland (HKDL) has, for the fourth consecutive year, reported record revenue, attendance, hotel occupancy and guest spending for the 2013 fiscal year. In total, the HKDL Resort generated HK$4,896 million in revenue, up 15% from the previous year, while net profit more than doubled to HK$242 million. HKDL has also unveiled plans to build a new hotel at the resort, whic
71. Travel Industry Fails to Understand True Cost of Payments
New research from eNett and PhoCusWright has unearthed an apparent gulf between perception and reality in terms of the true cost of payments in the travel industry. Many see credit card costs as a major concern, but don’t realise that credit cards can work out around 37% cheaper than alternative payment methods. At the same time, a large proportion of the industry is spending huge
72. Singapore Airshow 2016 Generated S$328+ Million in Spending for Local Economy
According to a recent survey conducted by Kadence International, Singapore Airshow 2016 exhibitors, trade attendees, visitors and tourists spent a combined total of nearly S$329 million on everything from flights and accommodation, the rental and set-up of exhibition spaces, to transportation, client entertainment, food and drink, leisure activities and shopping.

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