China lured by luxury
Asia Luxury Travel Market 2007 is gearing up for a sell-out first edition on the back of further strong evidence that China will become the world’s largest luxury travel market.
The June 18-21 ALTM event in Shanghai is the sister event of the renowned ILTM in Cannes.
ALTM’s executive director, and one of the founders of the show, Serge Dive, said, “China is the best thing to happen to the luxury industry since the Japanese became addicted to fashion brands in the 1980s.
“If China (including residents of Hong Kong) already accounts for 12 percent of global luxury sales, it will soon outgrow Japan (which currently accounts for an estimated 41 percent).
“By 2015, Chinese tourists will number 100 million. And with more than 300,000 dollar millionaires already recorded in a market which is both hungry for status and quite virgin to the understanding of brand recognition, China is rightly so considered as the market where a “luxury new order” can be established for the cleverest and fastest of luxury brands.”
Attendance at ALTM is strictly by invite and only the most senior and most serious players in the luxury sector will be at the event.
To date a 169 suppliers are contracted to take part in the appointment system (with an eventual target of 300) including some of the world’s leading luxury brands such as Amanresorts, Peninsula Hotels, Oberoi, Taj, Abercrombie & Kent, Mandarin, Dubai, Dorchester Collection, Bombardier Skyjet, Hyatt, Hunt & Palmer and Ritz Carlton.
Of the 300 targeted invited buyers 286 have already been identified and scheduled in the programme. They will be coming from 25 different countries in Asia including the sub continent and former C.I.S. Pacific and Asia states.
ALTM will fully host all buyers and will work closely with the Ritz Carlton in Shanghai.
Said Jay Martens , exhibition director, “At present the team is travelling extensively throughout the Asia region, and the response and welcome we receive is phenomenal.
“Myself and Serge Dive are involved in a three week series of seminars and meetings throughout the region. One consequence is that we have acquired an amazing overview of the luxury industry that allows us to advise on how best a company can maximise its potential at ALTM.”
Ian Jarrett
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season