TTG Asia
Asia/Singapore Saturday, 11th April 2026
Page 525

Oceania Cruises takes delivery of newest ship Vista

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Oceania Cruises has welcomed its newest ship, Vista, which was delivered at Fincantieri’s shipyard in Genoa, Italy. She was christened on May 8 in Valletta, Malta.

‌The 1,200-guest Vista boasts spacious standard staterooms at sea, three brand-new dining concepts and operates with a market-leading service ratio of two staff members for every three guests.

Vista will sail to the Mediterranean for her inaugural voyage this summer

‌Frank A Del Rio, president of Oceania Cruises, remarked: “From the smallest of design details to the largest per capita galley at sea, Vista is a marvel that will be enjoyed by guests for decades to come.”

‌The ship will feature a few select staterooms for her inaugural summer season in the Mediterranean. Vista will then sail to Canada and New England before heading south for a series of winter itineraries exploring the Caribbean, Mexico and Central America.

Taking the pulse of affluent Chinese travellers

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Your new report, Decoding the Luxury Traveller Mindset: Spotlight China, looks at a hot topic: the travel behaviours of wealthy Chinese. There have been so many other studies on Chinese travel intentions, so what makes this latest study stand out from the rest?
Although the topics of revenge travel and resuming international travel has been portrayed publicly, this report has much more granularity and dives right into the push and pull factors.

Quantifying the findings creates genuine, actionable insights for professionals in the luxury travel industry. For instance, we learn that there is a strong appetite for living their bucket list and that there is clear push and pull factors such as health and safety that remains the most influential factor in holiday bookings, but also the retail/food and drink offering (49 per cent) and sustainability credentials (46 per cent). The report also contains a lot of verbatim illustrating the data points.

Finally, we have been running this survey for the second year in a row, so we have been able to highlight some critical evolution in the luxury traveller’s mindset.

Furthermore, the survey has been exclusively submitted to validated affluent and HNWIs to bring relevant content and help luxury industry professionals understand their target more precisely. More than two-thirds of the interviewees (69 per cent) were the equivalent of USD millionaires (US$1m in investable assets), while almost half (49 per cent) had a household income of US$300,000 or more.

What are some of the most fascinating finds from the survey?
We noticed a surprising turn since the previous wave. In 2021, 48 per cent of wealthy Chinese preferred spending on luxury goods rather than luxury experiences versus only 37 per cent in 2023. Also, 73 per cent told us they are willing to spend more and travel in style on more extravagant and unique trips.

Are there earlier industry projections on Chinese travel intentions that have now shown to be mere speculations?
We have heard a lot about privacy/seclusion becoming the guiding choice for the years to come, or that regional tourism will take over international trips. The study has demonstrated that just 39 per cent now prefer this, and international trips are already back on the agenda, with 60 per cent of the interviewees planning to go abroad.

Based on your research, what new business avenues or opportunities are there for travel and tourism organisations and destinations looking to grow their share of HNW Chinese travellers?
Family and multi-generational trips are growing, with almost half of the wealthy Chinese planning for one in the next 12 months. Mental wellness-related travel is a priority for 41 per cent, increasing by five percentage points. It is important to give the right attention to these trends in the imminent future, (and for) travel agents to gain more market share by offering more complex trips to this hard-to-reach population.

Editor’s note: Findings from Decoding the Luxury Travellers Mindset; Spotlight China will be presented during ILTM Asia Pacific 2023’s Opening Forum at the Ritz Carlton Millenia Singapore on June 19

IHG group CEO steps down

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‌InterContinental Hotels Group’s (IHG) group CEO Keith Barr will be stepping down from his role as well as from the IHG Board effective June 30.

‌Having been with the company for 30 years, he has transformed IHG for long-term sustainable growth, as well as navigated a global pandemic while continuing to grow IHG’s footprint and reputation with key stakeholders around the world.

‌Barr will be succeeded by Elie Maalouf, a member of IHG’s Board and Executive Committee, who has led IHG’s Americas business as regional CEO for the past eight years. Taking up his new position on July 1, Maalouf will be based in the UK.

Milieu Insight tracks summer travel sentiments in South-east Asia

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Abu Dhabi spotlights summer play potential

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South Australia kicks destination marketing into high gear

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Banyan Tree Group on track for Asia expansion

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Singaporean hospitality group, Banyan Tree Group, has unveiled ambitious plans to double its footprint worldwide by 2025, with a string of new properties planned for Asia.

The announcement follows in the footstep of the group launching its latest brand, Dhawa, a casual and contemporary full-service hotel experience that aims to bring together innovative design, comfort and technology.

The new Dhawa brand has taken over the former Angsana Ihuru in the Maldives

In January this year, the brand debuted with Dhawa Xi’an Chanba in China. This was followed by the opening of Dhawa Ihuru in the Maldives’ North Malé Atoll, a rebrand from Angsana Ihuru, also part of the group.

The brand will enter Vietnam’s Ho Tram and Ha Long Bay this year, and a third will open in China’s Daming Lake. In 2024, Dhawa properties in Binh Dinh, Vietnam and Palawan, the Philippines will begin to welcome guests.

Judy Ong, director of sales and marketing, Maldives, said Banyan Tree Group has been extending its reach. At the end of 2022, the group has 63 properties across 10 hospitality brands. It also enjoyed a year-on-year 23 per cent spike in revenue last year due to the recovery of international travel. This saw the company’s operating profits increase nine-fold to US$31.4 million.

Eight new properties joined the portfolio last year and another nine is planned for 2023. The group intends to double its portfolio by 2025.

“Our goal is to open 50 new or converted hotels, pushing our portfolio to 113 hotels,” she told TTG Asia, adding that the focus will be on wellness, lifestyle and extended stay brands. Properties in the pipeline throughout Asia span China, Indonesia, Japan, Singapore, South Korea, the Philippines and Vietnam.

Ong said: “This is an exciting time for Banyan Tree Group as we explore more markets and expand our brands and global reach.”

Sri Lanka looks to privatise national carrier

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TRENZ gets underway in Christchurch; directs attention to international markets

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China travel bookings skyrocket for May Day holiday: Trip.com

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‌Trip.com Group’s data revealed sharp increases in domestic and international travel consumption as China’s May Day holiday climbed in popularity.

‌International flights during the holidays recovered to around 40% over the same period in 2019, with searches increasing by more than 60% compared to 2019.

Chinese cities continue to focus on domestic tourism by offering VIP services and experiences

‌Compared to the Chinese New Year holiday (January 21 to 27), Ctrip platform data reports that flight bookings from China to South-east Asian countries during the May Day holiday have increased by 91%. Flight bookings to Japan and South Korea increased by 120% and 204%, respectively, while longhaul flight bookings to Europe have grown by over 40%.

‌Thailand, Japan, South Korea, Singapore, Malaysia, the US, Indonesia, Vietnam, Australia, and the UK were the top 10 most booked overseas destinations for the holiday period.

‌The Ctrip platform also showed that Bangkok, Singapore, Seoul, Tokyo and Kuala Lumpur were popular with first-time travellers aged 18 to 23.

‌Jane Sun, CEO of Trip.com Group, said: “The May Day holiday has ushered in the first wave of outbound tourism growth this year, driving recovery and local service capabilities.

‌”With capacity continuing to increase, Chinese consumers will soon seek destinations beyond Asia-Pacific and return to longhaul travel to EMEA and the Americas. We continue to work with global partners to ensure capacity and safeguard the pent-up travel demand seen from Chinese mainland consumers.”

‌Meanwhile, Chinese cities continue to focus on domestic tourism. Numerous scenic spots joined hands with Trip.com Group’s Ctrip platform to offer VIP services and special activity packages to provide a wide range of experience options for May Day visitors.

‌As of April 19, bookings for domestic hotels, flights and scenic spot tickets for the May Day holiday on the Ctrip platform surpassed 2019’s level.

‌The top 10 cities were Beijing, Shanghai, Chengdu, Hangzhou, Guangzhou, Nanjing, Chongqing, Xi’an, Wuhan and Shenzhen.

‌According to data from Ctrip’s FlightAi market insight platform, more than 80,000 domestic flights were operated this May Day, with the average daily level increasing by around 15% compared to the same period in 2019.

‌Escaping the city and embracing the rural areas has become a holiday choice for more users. Ctrip data shows that during May Day, the overall volume of rural tours has recovered to 242% of the same period in 2019, and the proportion of orders from tourists staying in the countryside for more than three days has increased by 230% compared to 2019.

‌The overall volume for Trip.com Group’s Country Retreats increased by 261% year-on-year. Shanghai, Beijing, Guangzhou, Chengdu and Hangzhou became the most vibrant cities for countryside tours.