TTG Asia
Asia/Singapore Monday, 23rd March 2026
Page 1891

British currency weakness a boon for Singapore outbound

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OUTBOUND travel agencies at the Travel Revolution Fair 2016 held in Singapore are expecting an uptick in travel bookings to Europe and the UK as the sterling fell to its lowest level against the US dollar since 2009.

Jane Chang, spokesperson for Chan Brothers Travel, said: “The British pound has been falling steadily against the Singapore dollar since August 2015, and this is definitely a boon for travel especially as Europe-loving Singaporeans look for new holiday destinations there.”

According to Chang, they have observed a 30 per cent year-on-year growth in demand for travel to the UK, adding that “travellers are also opting to travel beyond London to less explored cities in England, as well as the less explored areas of Scotland.”

Sharing similar sentiments, Robin Yap, managing director of The Travel Corporation Singapore, said: “The UK tours have always been popular with Singaporeans and (what more) with the frequency of flights to London.

“We expect the demand will increase given the exchange rate,” he said, and added that they have already seen a year-on-year growth of 10 to 15 per cent for UK tours.

Dynasty Travel managing director Clifford Neo, said Europe and the UK have “always been the top selling destinations” and they are predicting bookings to both destinations to increase by about 10 to 15 per cent in light of the favourable pound.

“Despite the global economic slowdown, we are still seeing a strong demand and a high propensity among Singapore residents to travel to places such as Europe, the UK, Japan, Australia, New Zealand as well as China in view of favourable exchange rates, and with airlines competing aggressively with attractive air ticket prices,” said Neo.

Sun & Moon hotel rises in Phnom Penh

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THE Sun & Moon Hotel Company has announced the opening of Sun & Moon, Urban Hotel in the heart of the Cambodian capital of Phnom Penh.

Situated within walking distance from the city’s major attractions and just a few hundred metres from the busy riverside, the hotel positions itself as an affordable hotel that carries modern design elements.

As well, it aims to meet emerging demands of the global traveller by basing its design and services on modern and international standards.

Covering a total construction area of 7,200m2, the property was designed by Adrien Desport Architects (ADA). It takes the form of a T-shape with eight facades, two of which face the outside streets. The remaining facades look out to low-rise neighbouring properties.

“Our strategy was also to consider how to configure the layout of the hotel, bearing in mind potential future high-rise construction density in the surrounding area,” ADA’s principal architect, Adrien Desport, said. “This resulted in a three-block structure (the three branches of the T-shape) built around a central distribution atrium, which links the various part of the hotel.”

South Korea to build new cruise terminal

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SOUTH Korea will be adding a US$165 million international cruise terminal to the west coast port of Pyeongtaek-Dangjin, which will include four docks and a terminal building complex, set to be completed by 2020.

Budhy Bok, president of Costa Cruises Asia-Pacific and China, finds the addition timely as the current port is already operating at capacity. “(With the new cruise terminal), which can offer more berths, we can add new ports of call and itineraries,” he said.

The current port has three piers and operates ferry routes to five cities in China. In 2008, some 280,000 travellers used Pyeongtaek-Dangjin port, and in 2014, that figure had soared to 490,000.

“We anticipate the demand for cruise holidays will continue to increase, especially among the most promising and burgeoning middle to upper-middle class,” said Bok.

Iran concluded its first tourism conference

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The Shah Mosque in Isfahan, Iran

IRAN successfully concluded its inaugural International Travel and Hospitality Conference, which took place from February 20 to 22, the nation’s first attempt at facilitating public and private investments into the tourism industry there.

“As Iran seeks to lower its economic dependence on oil, exploiting the incredible potential of tourism becomes a must,” said Ahmad Reza Nikkar Esfahani, CEO of Atiyeh Saba Investment Company, a subsidiary of the Civil Servants Pension Fund (CSPF), organiser of the conference.

“This conference is a new chapter in training and upgrading the tourism, transportation and hospitality industries,” he added.

Deals announced at the conference included a MoU signed between the renowned Swiss hospitality school Ecole hotelière de Lausanne and Atiyeh Saba to open an affiliated campus in Isfahan.

UAE-based Rotana Hotel group also announced further development plans in Iran with the company set to open four hotels there within the next two years.

Opportunities to develop hybrid car systems, as well as a high-speed rail link between Tehran and Isfahan that can cut travel time between the cities to less than two hours was also discussed at the conference.

Iran seeks to increase its stock of four and five star hotels from 130 to 400 and plans to build seven new international airports over the next decade.

Acquisition not on the cards for Thai Airways

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THAI Airways will not be investing in airlines anytime soon, the national carrier clarified, ending speculation that it would acquire a stake in budget airline Thai AirAsia.

Narongchai Wongthanavimok, executive vice president in the airline’s finance and accounting department, in a letter to the Stock Exchange of Thailand (SET), stated: “Thai Airways has not yet considered any investment in any airlines for the time being. Should there be any development on this front, Thai Airways will properly notify SET as soon as possible.”

Tassapon Bijleveld, CEO of Thai AirAsia, in a letter to SET confirmed this. “Only a discussion of the strategic planning for the aviation industry with other Thai registered airlines (took place) without any discussion on stock acquisition from Thai Airways,” it stated.

However, THAI acknowledged in the letter that it was looking to formulate strategies for the aviation industry along with other Thai-operated airlines to help bolster Thailand’s transport and tourism sectors.

Still, the statement quashes reports that the airline had been on the verge of acquiring a stake of at least 20 per cent in Thai AirAsia, valued at five billion baht (US$140 million).

Despite raking in four billion baht in profits in 4Q2015, THAI has reported an overall loss of 14 billion baht in 2015, a small improvement from the airline’s 15 billion baht loss in 2014.

Panorama upbeat despite slowing global economy

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Tirtawisata: Indonesian tourism to remain healthy

INDONESIA’s Panorama group is targeting a revenue increase of 15 per cent and a net profit of 30 per cent this year, confident that the strengthening rupiah and government initiatives will keep the nation’s tourism climate strong amid the global economic slowdown.

Budi Tirtawisata, group CEO of Panorama Group, stated why he was sanguine when speaking at the annual Panorama Management Conference in Malang last weekend. He said: “We see that the global economy is (affected) by China’s economic slowdown, however, the Indonesian rupiah is strengthening as the US dollar stabilises.”

“The government has a promotional budget of 5.2 trillion rupiah (US$385 million), four times bigger than last year’s. They are doing the country’s brand and product management. There is also growing awareness of regional destinations.”

Tirtawisata added that the group should also accelerate growth in the first quarter of this year, despite it traditionally being a low season.

“(In 2015) we achieved 18.5 per cent of the full year target in 1Q and 48 per cent by 2Q. This year, we are targeting 22 per cent and 52 per cent respectively,” he said, adding that margins, not just sales, should increase.

He further identified inbound travel, MICE, hotels and bus transportation as having strong growth potential this year, while its taxi business will still be receiving headwinds from the likes of Uber and Grab Car.

Worldhotels wants agents to hug and win

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HOSPITALITY group Worldhotels is giving away a six-night vacation in Vietnam for two persons, inclusive of airfare and accommodation, for travel agents who take part in its Hug an Agent themed social media campaign, running till March 4.

Accommodation includes four nights at the Caravelle Hotel Saigon and two nights at the Cam Ranh Riviera Beach Resort & Spa Nha Trang.

To participate, upload a photo onto Instagram reflecting the theme Hug an Agent, and include the hashtags #worldhotels_ag and #hugagent in the post. Contestants then need to allow Worldhotels to follow them on Instagram to verify the participation.

Concurrently, Worldhotels is offering special travel agent rates for selected member hotels during the length of the campaign.

The winner will be informed latest by March 18.

Bintan Lagoon Resort invites groups to meet for free

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BINTAN Lagoon Resort in Indonesia is dangling a free full-day meeting with coffee breaks and other perks to corporate groups that are staying overnight at the complex.

Priced from S$160 (US$114) nett per person per day, the Meet for Free package includes a night’s stay in a Deluxe Room with buffet breakfast, two-way ferry service, return land transfer, Wi-Fi access, complimentary use of a meeting room plus two coffee breaks with two snack items, and buffet lunch. Terms and conditions apply.

Meeting planners can also choose from a list of complimentary add-ons, such as 80 balls swing at the driving range, 15 minutes on the Ninebot trail and access to Powerhouse Gym.

For an additional S$90 nett per pax per day, corporate groups can add an unlimited golf game to their itinerary.

The integrated resort features a dedicated conference centre called the Great Hall, nine function rooms in the main resort building and the golf clubhouse, a comprehensive Adventure Training Centre with professional facilitators to execute corporate programmes, two 18-hole golf courses, a 1.5km stretch of private beach, and its own ferry terminal that operates direct services to Singapore.

For more information, email jaclyn.tan@bintanlagoon.com.

Australian, New Zealand event buyers gain more interest in Asia

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ACCESSIBILITY, relative affordability and culture are among the factors driving MICE planners from Australia and New Zealand to choose Asian destinations for their events, according to hosted buyers at AIME this week in Melbourne.

Debra Grandidier from Brisbane-based Events and Leisure, who has events in Vietnam and Thailand later this year, said these destinations seem to offer the same products for less money than in other countries.

“With our dollar being great value in Asia at the moment it’s exactly the destination people are looking for,” she said.

Although Erin Gillin, who represents Strata Community Australia, has yet to book business offshore, she told TTGmice e-Weekly that she is surprised at the capacity available in Asia and with destinations being a short trip away, the region was a logical option for events.

Hot Events New Zealand’s business director, Victoria Wales, opined that improved air access to Asia, as well as culture, food and safety, were driving Asia’s popularity among corporate clients.

“Asia is perceived to be safer now than Europe,” Wales said.

However, she found it challenging to negotiate with Asian suppliers.

“We find we struggle with flexibility of suppliers, but we work with preferred ones now and that’s how we’ve gotten around it,” she remarked.

Strengthening trade links between New Zealand and China are also helping to raise outbound MICE demand for Asia, observed Mark Ferguson, a travel trade specialist who will join Extra Mile in New Zealand next week.

Macau wants to correct Australian buyers’ destination perception

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THE Macao Trade and Investment Promotion Institute (IPIM) had put forth a strong showing at AIME 2016 earlier this week in Melbourne in an effort to correct Australian buyers’ perception of the Chinese destination as one that is strong only in gaming.

IPIM, which is responsible for marketing Macau, almost doubled the number of exhibitors on its stand from the previous year.

Mike Williams, senior partner at GainingEdge who is assisting IPIM with its MICE strategy, said the organisation is working on consolidating Macau’s product offering.

“The big job is to demonstrate the diversity of products in Macau and that Macau is heading off in a new direction,” said Williams, adding that high-end incentives in particular are on IPIM’s radar.

“When you’ve got Michelin-star rated restaurants and most of the major hotel brands present in Macau, (the destination) is much more appealing to the international (MICE) market than it was 10 years ago,” he said.

The bulk of Australian MICE business to Macau has so far been incentives, according to Williams, and IPIM intends to establish Macau as a platform for associations wanting to take their meetings offshore where they do not need a local host.

The destination saw a huge improvement in its ICCA rankings from 2013 to 2014, moving 55 places up to the 101st position.

Executive director of IPIM, Irene Va Kuan Lau, said: “We have to showcase Macau not only in Asia and Europe, but Australia too, as it is one of the most important source markets.”