Thursday, 9 February 2017

ILTM to drive growth in Arabian outbound market with launch in Dubai

International Luxury Travel Market (ILTM) has announced a new event to its global portfolio: ILTM Arabia - in a co-located event with Arabian Travel Market (ATM), on 24 and 25 April in the International Convention and Exhibition Centre, Dubai.

ILTM Arabia will be the first high end luxury travel event to access the high net worth traveller from the Arab and Gulf region, with buyers from across the GCC region with strong presence from UAE, Saudi Arabia and Qatar. Only the most discerning luxury travel buyers from the region will be invited to the event including companies such as FSMagic and Quintessentially Travel. 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 and the proven successful ILTM portfolio format.

The Arabian outbound travel market witnessed a 9% increase as high-net worth travellers from the region continue to explore further afield – spending heavily on luxury accommodation and entertainment in 2016.[1] 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. [2]

Alison Gilmore, Portfolio Director for ILTM comments: “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. This year we are inviting some of our closest partners to experience the new ILTM Arabia and explore the increasing business opportunities from the region’s highest net worth travellers.”

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.

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[1] Source: ITB World Travel Trends Report 2015/2016; Section E: Arabian travel trends
[2] Source: Travel & Tourism – Economic Impact 2015, Middle East by World Travel & Tourism Council (WTTC); page 17

ILTM Arabia, 24 – 25 April 2017, Dubai
(co-location with Arabian Travel Market)

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