Asia-Pacific: Attractive for Bavarian business
MUNICH – As part of a congress, the vbw – Bavarian Industry Association (Vereinigung der Bayerischen Wirtschaft e. V.) examined the business opportunities for Bavarian companies in the Chinese free trade zone of Hainan. “China aims to develop Hainan into … Continue reading Asia-Pacific: Attractive for Bavarian business
Singapore: International Arrivals Set to Break Records
SINGAPORE – The World Travel & Tourism Council (WTTC) reveals that Singapore is on track to smash its all-time international arrivals record this year, outpacing other major Southeast Asian destinations such as Thailand and the Philippines. According to the latest … Continue reading Singapore: International Arrivals Set to Break Records
Asia Pacific B2C E-Commerce Market Opportunities
DUBLIN – The “Asia Pacific B2C Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics – Q1 2023 Update” report has … Continue reading Asia Pacific B2C E-Commerce Market Opportunities
SOJERN: Asia Pacific travel trends and insights
SAN FRANCISCO – South Korea is allowing for more travel flexibility for vaccinated travelers (no quarantine necessary). Australian tourism board is heavily promoting longer domestic vacations. Also, the Australian government appears to be eyeing a mid-2022 border re-opening. Covid cases … Continue reading SOJERN: Asia Pacific travel trends and insights
Asia-Pacific: Foreign arrivals plummet 67 percent
Bangkok – The moderate growth of international arrivals into Asia-Pacific destinations in 2019 has been derailed this year, no thanks to the appearance of the coronavirus which has led to the collapse of travel. According to the Annual Travel Monitor … Continue reading Asia-Pacific: Foreign arrivals plummet 67 percent
Asia−Pacific: Generation Z Consumer Behaviour
New York – Gen Zers (born 1996–2012) are coming of age. By 2025, the group will make up a quarter of the Asia–Pacific (APAC) region’s population—the same as millennials (born 1980–1995). And as Gen Zers mature, they will make and spend … Continue reading Asia−Pacific: Generation Z Consumer Behaviour
Asia-Pacific: Hotel Profits Down More Than 100 percent
Secaucus, NJ – Hotel profits in the United States fell 101.7 percent in March, according to lodging-data provider STR, and the numbers aren’t yet getting any better in the Asia-Pacific, according to hotel benchmarking service HotStats. In fact, the impact of COVID-19 … Continue reading Asia-Pacific: Hotel Profits Down More Than 100 percent
Asia Pacific: Most tourists from China
Between 2018 and 2023, the Asia Pacific region is expected to enjoy a steady 5.5% average increase in international visitor arrivals (IVAs) per year. With this growth, the IVAs are predicted to reach a record high of almost 900 million … Continue reading Asia Pacific: Most tourists from China
PATA : Strategic Partnership agreement with ADARA
Bangkok – The Pacific Asia Travel Association (PATA) is pleased to announce a new Strategic Partnership agreement with ADARA, the enterprise-wide data solution for travel brands, to empower its members with a comprehensive view of destination visitor data for more powerful and efficient … Continue reading PATA : Strategic Partnership agreement with ADARA
636 million foreigners travel to Asia-Pacific region
Bangkok – With a cumulative count of 636 million foreign arrivals into the region in 2017, Asia Pacific sets a new record – according to a report released today by the Pacific Asia Travel Association (PATA). Covering 47 destinations across … Continue reading 636 million foreigners travel to Asia-Pacific region