{"id":33536,"date":"2006-06-15T17:54:19","date_gmt":"2006-06-15T09:54:19","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2006\/06\/15\/asia-luxury-travel-market-launches-in-china\/"},"modified":"2006-06-15T17:54:19","modified_gmt":"2006-06-15T09:54:19","slug":"asia-luxury-travel-market-launches-in-china","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2006\/06\/15\/33536\/","title":{"rendered":"Asia Luxury Travel Market Launches In China"},"content":{"rendered":"<p>Serge Dive and David Hammond, the founders of ILTM, have joined forces with Reed Travel Exhibitions to launch an Asian version of ILTM, Asia Luxury Travel Market.<!--more--><\/p>\n<p>An event to allow exhibitors to interact with buyers from the whole Pan Pacific\/Asian region will take place 18 \u2013 21 June 2007 in Shanghai. The event will consist of an identical format of ILTM. This means that all buyers will be fully hosted and will be carefully vetted to ensure only the best in the luxury travel business in the region will be attending.<\/p>\n<p>\"We always intended to eventually extend the ILTM portfolio into Asia, even in the early days of ILTM. We realised that because of obstacles of time and distance it wasn't possible to fully explore a market and its full potential from outside of the region, and indeed many of our established exhibitors have requested that this event happens.\" said David Hammond, Director, ALTM.<\/p>\n<p>Worries of ALTM overlapping with ILTM were dismissed by Tom Nutley, Chairman of Reed Travel Exhibitions; \"there will continue to be a strong delegation of Asian buyers at ILTM in Cannes but for any exhibitor who wishes to prioritise or develop the Asian market we can offer a further opportunity to see over 300 of the leading purveyors of luxury travel from the Asian region at ALTM. To this end we have ensured the show is in June to allow time for companies to be at both events. We believe we now can now offer our customers the opportunity for their complete promotional needs geographically with these two events.\"<\/p>\n<p>Purchase of luxury travel is growing significantly in Asia with those of High Net Worth Individual (people holding at least US$ 1million in financial assets) status growing by 8.2% in 2004 (twice the rate of Europe) and now their numbers are equivalent to the USA. China is particularly strong in its growth with annual 10% increments predicted annually for the next 10 years.<\/p>\n<p>\"The event will reflect not only the current status of the Pan Asian market, but its future developments. Thus the event will host buyers from 30 different countries Asia wide. The largest delegations will obviously be from Japan, China, and Australia, but we will also be bringing significant delegations from India, South Korea, and Soviet Pacific. Once again we are ensuring that irrespective of local market size, anyone who is a major buyer of top end travel will be at the event, including luxury leisure and business travel agencies, meeting planners, and private intermediaries to the rich and famous.\" said Serge Dive, Director, ALTM.<\/p>\n<p>Once again all buyers will be flown in by ALTM and will receive a 5 star ground package. The organisers are very proud to announce Ritz Carlton as the official hotel partner in Shanghai and all hosted buyers will be accommodated there for the full duration of their stay. In return the buyers are obligated to play a full part in a pre-arranged appointment schedule identical to ILTM in Cannes and any buyers not prepared to adhere to the rules will be excluded from the event.<\/p>\n<p>ALTM will commence on June 18, 2007, with a one day conference, followed by a three day exhibition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Serge Dive and David Hammond, the founders of ILTM, have joined forces with Reed Travel Exhibitions to launch an Asian version of ILTM, Asia Luxury Travel Market.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-33536","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=33536"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=33536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=33536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=33536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}