Across Asia Pacific, cost per attendee per day is predicted to fall 4% in 2019 to US$276. The average group size is forecasted to increase to 81 in 2019, up 3% from 2018.
Travel brands need to dig deep into certain habits that are being fuelled by emerging apps and platforms, for instance, the popularity of short videos, says Chen.
The finalists will present their innovative products or solutions on trip planning, digital innovation models, train ticketing, intelligent hotel solutions, AI-powered interaction or dynamic packaging technologies.
MICE venue and service brand L-SPACE has received RMB 2 million from individual investors in a seed round of financing.
Roadmap CEO says the aggregated travel spend of customers on the platform exceeds $3 billion, and “the adoption and engagement numbers of the app are twice the industry standard.”
It is imperative for foreign companies to best allocate their resources in China, work out presence on preferred channels, distribution strategy and make sure their brands remain true to what they stand for.
Hyatt wants to get into the corporate travel game by providing basic travel management tools to businesses that stay at Hyatt properties.
The sheer size and the potential of the Chinese outbound travel category are luring companies from all over to be a part of the second edition of the ITB China travel trade show.