03 June, 2014

ILTM ASIA OPENING FORUM HIGHLIGHTS THE GROWING IMPORTANCE OF TODAY’S ASIAN LUXURY TRAVELLER



ILTM Asia, 2 – 5 June 2014, Shanghai

@ILTM_events / #ILTMAsia

Martin Jacques, author of ”When China Rules the World”, - took to the stage at the eighth edition of ILTM (International Luxury Travel Market) Asia yesterday, for the event’s Opening Forum in Shanghai and observed that by the year 2030, the Chinese economy will be over twice the size of the European Union, plus the Indian and US economies combined. Tourism was also cited as the leading leisure pursuit for China’s wealthy. Mr Jacques commented:

China is also going to change the world politically, culturally and socially, producing more than a third of the world’s GDP and 20% of the global population by 2030.”

As the first feature event for ILTM Asia 2014 – the leading luxury travel industry event for the Asia Pacific region - the Opening Forum also introduced author and journalist Nury Vittachi, who urged the luxury travel brands present to “Find your story: add characters, add emotion, add details, add narrative…add power”. Jason Ge, Vice-President of China’s leading social networking platform, Weibo also addressed the audience of hosted luxury travel buyers and exhibitors in the packed auditorium, commenting that “Social media has become the number one decisive factor for Chinese tourists’ buying decisions today.”

The popular ‘Meet the Editors’ session was moderated by Peter Greenberg of CBS News and featured the editors of Conde Nast Travelers India and China, Travel + Leisures US and SE Asia and Australia’s Luxury Travel Bible.

The editors highlighted what inspires them: “real stories behind the facts and figures” (Hilary Doling, Luxury Travel Bible, Australia), “stories that are bold and ‘push the envelope’” (Divia Thani, Conde Nast Traveller India) and “customisation and very visual stories,” (Sarah Spagnolo, Travel + Leisure US). Yan Xiao, editor of Conde Nast Traveller China added that she seeks the “different and the unknown to both inspire her readers and offer them practical advice” and Chris Kucway, Travel + Leisure SE Asia added that ‘personalisation of the pitch is key to being noticed.”

ILTM’s Senior Exhibition Director, Alison Gilmore commented:
This was a great start to the eighth ILTM Asia. We were delighted by the attendance, but most importantly by the quality of the speakers with such a diverse range of relevant expertise for the luxury travel industry: how to understand our target markets, as well as inspire, engage and build long term business across the Asia-Pacific region.”

Following the ILTM Asia Opening Forum, luxury travel experiences from across the world will meet in one-to-one mutually matched appointments with almost 500 high-end travel agents from 21 countries across Asia, each specialising in creating and planning luxury travel for their high net worth clients.

ILTM Asia continues at the Shanghai Exhibition Centre and closes at 5pm on Thursday 5 June. For further information, please see www.iltm.com/asia or follow @ILTM_events.
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