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Beijing to play host to the second annual China outbound travel congress
Monday, April 16, 2007
China represents a huge opportunity for the development of world tourism in the coming years. The ability for Chinese to travel remains the most important driver. Recent structural reform has resulted in the increase of outbound tourism.

This growth in tourism is due to the simplification of government regulation. For years, the Chinese communist government controlled everything in the country, but due to globalisation and increased trade, the government is slowing relaxing its policies which is affecting the outbound travel industry in a very positive way.

Approved destination status refers to countries which have been approved by the PRC government for designated PRC travel companies to organise group tours to and those destinations which are expanding rapidly. China has experienced strong economic growth over the past several years with constant real GDP growth.

China outbound travel congress will work as an umbrella which gathers the key people in travel and tourism industry. The event will match the international travel and tourism experience with growing Chinese market knowledge.

The Congress provides a unique, business driven environment using prescheduled one-to-one business meetings and educational sessions that are strictly limited to upper-level executives. One-to-one meetings between the solution providers and the buyers are arranged according to the preferences made prior to the congress.

One of the important aspects of the event is keynote addresses, case studies, educational sessions and interactive panel discussion which will be delivered in a case study format by experts on the hottest topics and issues facing the industry.

All attendees will have the opportunity to obtain very thorough and specific information about the industry in a very captive and focused environment. China outbound travel congress provides participants the opportunity to engage in discussions and share experience and insights.

The delegates attending China outbound travel congress are the ultimate decision makers in charge of purchasing leisure, business travel and event solutions for their establishment.

China outbound travel congress is proud to partner with CNBC China, CNN Traveller, Business Traveller, Chinadaily.com.cn, China Hospitality News, TravelDailyNews International, eTurboNews, TTN Middle East.
Michael Verikios - Monday, April 16, 2007
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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