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2 | ■ TRAVELWeekly AsiA | FEBRUARY 2014
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SpotLight
ISSN 0219-5038
MCI (P) 140/12/2013
TravelWeekly Asia is published on a monthly basis by Contineo Media Pte Ltd, located at
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Editor's
Note
Asia expected to be the epicentre for
global travel boom
In this month's edition, we turn our
attention to hotels, resorts and the
vacation rentals market.
Hospitality groups like Preferred
Hotel Group have reported an
upturn in revenue for 2013. More
property openings from the likes of
Jin Jiang International Hotels are also
expected in China and Asia Pacific
for 2014. One of the leading factors
for growth includes an increase in
travellers.
The Association of Asia Pacific
Airlines has reported that Asia
Pacific airlines carried a combined
total of 220 million international
passengers in 2013, representing
a 6.0% or 12 million passenger
increase.
Another reason for the bullish
forecast is the expected growth
of Chinese outbound travellers.
A r e p o r t j o i n t l y p u b l i s h e d b y
TripAdvisor, the world's largest
t r a v e l s i t e , a n d T h e B o s t o n
Consulting Group (BCG), points to
China dominating Asia Outbound
Travel by 2030.
HomeAway.com, one of the
leading holidays rental site, also
has great optimism about the Asia
Pacific market.
KUALA LUMPUR – Preliminary
figures for the full calendar year
2013 released by the Association
of Asia Pacific Airlines (AAPA)
reaffirmed the pattern of continued
steady growth in international air
passenger demand.
Asia Pacific airlines carried
a combined total of 220 million
international passengers in 2013, 12
million more than in the previous
year, representing 6.0% growth.
Regional economic growth remained
a positive driver of increases in
business and leisure travel demand,
AAPA presents full year traffic
results for 2013
coupled with improving business
and consumer confidence in the
major developed markets. Reflecting
c o m p a r a t i v e l y s t r o n g d e m a n d
on regional routes, international
passenger traffic, measured in
revenue passenger kilometre (RPK)
terms, registered a more moderate
5.2% increase.
C o m b i n e d w i t h a 4 . 8 %
expansion in available seat capacity,
the average international passenger
load factor reached 78.2%, 0.3
percentage points higher compared
to the previous year.