The eighth edition of International Luxury Travel Market Asia will take place in Shanghai from June 2nd – 5th 2014, setting the scene for up to 550 high-end travel agents from across Asia to design 2015 itineraries for their clients.
The number of high net worth individuals in the Asia-Pacific region is set to rise by 88 per cent over the next decade, the joint highest rate of growth in any world region, matched only by Latin America.
By 2030, 49 per cent of all global passenger traffic will be within the Asia-Pacific or between the region and the rest of the world, with India, China and Indonesia dominating the region’s travel expenditure.
Alison Gilmore, ILTM senior exhibition director commented: “The pace of the growth in this region is remarkable, not just in the numbers that are able to travel, but also in the numbers that want to travel.
“Where they want to go and what they want to experience is the key question. ILTM Asia 2014 will profile those that are shaping the next generation of global travel and the diverse demands of the new Asian traveller.”
ILTM Asia 2014 will welcome up to 550 luxury travel brands and experiences from approximately 20 countries across the world.
The 550 buyers will be identified and invited from 20 countries across the Asia Pacific including China, Indonesia, India, Japan, Taiwan, Australia, Korea and Singapore.
Confirmed exhibitors include The Peninsula Hotels, Orient Express Hotels, Ritz-Carlton Hotels, Anantara Hotels, Resorts & Spas, Shangri-La Hotels, Virgin Limited Edition, Oetker Collection and Four Seasons as well as Aqua Expeditions, Heavens Portfolio, XO Private and Design Hotels.
Gilmore continued: “ILTM Asia 2014 will keep buyers conversant in ultramodern luxury culture and provide everything they need to create authentic travel memories.
“Expect to find out about new hot spots such as Myanmar, Papua New Guinea and Mongolia, and new niche experiences from family travel to adventure to solo travel.”