Tourico ex­pects “con­sis­tent, di­ver­si­fied de­mand” through­out Asia

Travel Daily ME - - News -

Tourico Hol­i­days have shared data re­port­ing a 93 per­cent over­all in­crease in Asia-Pa­cific ho­tel book­ings in 2017 com­pared to the same time in 2016.

In­done­sia leads the Asia-Pa­cific mar­ket in an­nual growth, with book­ings up 111 per­cent in 2017. China (+88 per­cent YoY), Sin­ga­pore (+79 per­cent YoY), Malaysia (+78 per­cent YoY), Aus­tralia (+63 per­cent YoY), and Thailand (+39 per­cent YoY) have also seen a sharp in­crease in ho­tel book­ings com­pared to last year.

Nearly ev­ery source mar­ket is con­tribut­ing to the growth in Asi­aPa­cific ho­tel book­ing ac­tiv­ity. North Amer­ica in­creased its book­ings to the re­gion in 2017 by 53 per­cent – with the United States jump­ing 46 per­cent year-over-year and Canada grow­ing by 98 per­cent. South Amer­ica also in­creased its Asia-Pa­cific ho­tel book­ings by 64 per­cent. Mean­while, Europe con­tin­ues to con­sume Asia-Pa­cific ho­tel prod­uct as well, in­creas­ing its book­ings by 96 per­cent – with the United King­dom’s book­ings ris­ing by 95 per­cent year-over-year.

The Mid­dle East saw a 24 per­cent in­crease in Asia-Pa­cific book­ings, and Scan­di­navia in­creased by 68 per­cent. Do­mes­tic travel within Asia-Pa­cific has also shown growth, in­creas­ing by 107 per­cent in 2017.

“The Asia-Pa­cific travel mar­ket has ad­vanced at an un­prece­dented rate in 2017 – and there are no real signs of a slow-down,” said Hil­lary Wang (pic­tured), the re­gional di­rec­tor of prod­uct de­vel­op­ment in North Asia for Tourico Hol­i­days. “Travel sup­pli­ers serv­ing the Asia-Pa­cific mar­ket should ex­pect con­sis­tent, di­ver­si­fied de­mand to coun­tries through­out the re­gion.”

As the de­mand for Asia-Pa­cific ho­tel prod­uct con­tin­ues to rise, Tourico has strate­gi­cally added lo­cal rooms to its in­ven­tory. In 2017, Tourico in­creased its num­ber of APAC ho­tel part­ners by 40 per­cent.

“With trav­ellers from all of the pri­mary source mar­kets book­ing prod­uct in Asia-Pa­cific, our net­work of dis­tri­bu­tion clients can be con­fi­dent that Tourico will con­tinue to add a di­ver­si­fied port­fo­lio of ho­tels through­out the mar­ket,” Wang said.

Newspapers in English

Newspapers from Bahrain

© PressReader. All rights reserved.