According to the joint survey conducted by ALTM (Asia luxury travel market) and TTG Asia (Asia’s travel trade newspaper) over a period of 2 months in quarter one of 2010, the numero uno luxury travel destination goes to Asia. The survey highlighted the preferred destinations, frequency of travel, annual spending, domestic versus international and the buyer/supplier relationship.
The results of the survey showcased how luxury travel operators and suppliers have seen considerable improvements this year, with 60 per cent experiencing an increase in luxury bookings in Quarter One of this year. Furthermore, 94 per cent of luxury travel buyers and agents expect an increase in luxury travel within the Asia Pacific region especially in countries like China, Thailand, Singapore, Hong Kong and Australia.