To tap the increasingly affluent Arabian outbound market, International Luxury Travel Market (ILTM) will debut ILTM Arabia, which will take place on April 24 and 25 and will be co-located with the Arabian Travel Mart (ATM) at the International Convention and Exhibition Centre, Dubai.
The new show aims to access the high-net-worth travellers from the Arab and Gulf region, and will see participation of FSMagic and Quintessentially Travel, among other luxury buyers with presence in the UAE, Saudi Arabia and Qatar.
Buyers will be fully hosted by ILTM and attend one-to-one, pre-scheduled appointments with up to 25 international luxury travel brands – a first for ATM.
Confirmed exhibitors at ILTM Arabia include Rosa Alpina & Villanocetta (Italy), Small Luxury Hotels of the World, The One Barcelona (Spain), Velaa Private Island (Maldives) and Vienna Tourist Board.
Alison Gilmore, portfolio director for ILTM, commented: “The Arabian outbound market is established and affluent, with a growing generation of individuals looking to spend their leisure time in the world’s finest places.”
The Arabian outbound travel market witnessed a nine per cent increase as high-net-worth travellers from the region continue to explore further afield – spending heavily on luxury accommodation and entertainment in 2016.
Recent research shows that expenditure on outbound travel from the Middle East has steadily increased from US$72.9 billion in 2012 and is expected to reach US$165.3 billion by 2025.