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Luxury tourism exposition concluded in Shanghai

www.chinanews.cn 2007-06-24 15:30:43

Chinanews, Shanghai, June 24 �C The first Asian Luxury Tourism Exposition
was concluded in Shanghai on Thursday. It was also the smallest luxury
tourism exposition in the world.
Different from the usual tourism expositions where crowds of people are
seen, the Asian Luxury Tourism Exposition only invited the world��s
top-class hotel groups, vacation companies and tourist bureaus to attend
the event. Buyers and sellers held face-to-face talks in small, enclosed
rooms. Large global tourism companies, including Amanresorts, Peninsula
Hotel, Starwood Hotels, Monaco Resorts Group, and Bombardier Aircraft
Company, attended the event.
About 300 participants bought tourism products at the exposition, with
90% of them being foreigners. The foreign buyers were interested in
Chinese tourism products that were sold at tens of thousands of yuan or
even one million yuan. Domestic buyers were mostly private enterprise
owners from Shanghai, Zhejiang, Beijing and Guangzhou.
At the exposition, tourism companies could make adjustments to their
products based on the specific needs of individual tourists. Many
customers gathered around the exhibition booth of the Dubai Tourism
Bureau. Products offered by the Dubai Tourism Bureau ranged from 100,000
yuan to several million yuan or more. The Dubai Tourism Bureau could
re-design the itinerary based on customers�� demand, as long as the
customers were willing to pay for their services.
Based on Rupert Hoogewerf��s Rich List, it is estimated that in China,
there are at least 300,000 people whose assets exceed 5 million US
dollars. The World Trade Organization predicts that the number of inbound
tourists to China will increase from the current 35 million every year to
at least 100 million in 2020. All this shows that China has a very
promising market for luxury tourism products. We regard China as one of
our most important markets in the Asia-Pacific region and Shanghai as the
liveliest city in China. That is why we chose Shanghai to host the event,
said Jay Martens, general manager of the event.

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