Northstar

www.travelweekly-asia.com 5 ITB ASIA Official Dailies | A touch of traditional Balinese warmth combined with the refined service to create a perfect getaway. Treat yourself to a stay in luxurious private villas with butler service, an access to Exclusive Villa and Club Lounge; take an advantage of all the facilities Grand Nikko Bali has to offer. Understated elegance at its best… For further information and reservations, please contact: GRAND NIKKO BALI Jalan Raya Nusa Dua Selatan, PO BOX 18, Nusa Dua, Bali - 80363, Indonesia Tel: +62-361-773-377 Fax: +62-361-773-388 E-mail: sales@grandnikkobali.com URL: http://www.grandnikkobali.com understated elegance TW Take #1 The Alibaba ipo last month was the world's largest ipo. The Chinese internet giant raised $21.8bn in its debut, making it worth more than Walt disney. Beyond proving the might of Chinese consumers, it shifted the balance of power in ecommerce and the internet from West to East. TW Take #2 A study from TrustYou shows that travellers are more likely to choose hotels with higher review scores and more willing to pay more for hotels with better reviews. So what are you waiting for? Time to work on customer service and upping those review scores. TW Take #3 You can either look on the new gen Renter, those who'd rather stay in people's homes or private apartments when they travel, as a threat or an opportunity. Listen to ignoRE THESE TREndS AT YoUR pERiL what the kung fu hero, Bruce Lee, said, "To hell with circumstances, i create opportunities." Turn this trend into an opportunity – more people who travel means more business for everyone. You just have to make sure you are discoverable, make it easy for them to do business with you and delight them when they are with you. TW Take #4 A report has been published by Saga which shows that the over 50s now account for the majority of the Uk's expenditure on travel and tourism. in 2002 it was 46%. The figure now is 54%. over the 10 years from 2002 to 2012 spending by the over 50s has grown faster than any other age group. They're healthier and wealthier, so it's time to chase the Silver market. TW Take #5 Muslim travellers globally represent a major market opportunity and is increasingly becoming an important segment in the travel, tourism and hospitality industry. These travellers spent US$126bn in outbound expenditure in 2011 and this is expected to grow to US$192bn by 2020. Crescentrating pte Ltd, a Singapore based company, is the pioneer and world leader in Halal Friendly Travel. it's a segment with much potential. TW Take #6 For a broadening contingent of travellers, a vacation is less defined by utter indulgence and relaxation, but by a feeling of restoration. indeed, basic assumptions about all kinds of travel are being viewed through the lens of health and wellness, says an HvS study of health and wellness hotels. The wellness-oriented travel segment is growing at a much faster rate than the overall tourism industry, and its travellers, generally middle aged, "internet giant, Alibaba, raised $21.8bn in its debut last month, it was the world's largest IPO." affluent, and well educated, are spending more. Starwood's Element and iHg's Even are two new hotel brands tapping into wellness-focused travellers. twa takes

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