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Investing in the East
TQ3 sets up new Regional Management Company for Middle East and Asia
Thursday, June 10, 2004
Multinational corporations are benefiting from even greater quality service throughout Asia and the Middle East, following the recent launch of TQ3`s new specially designated Regional Management Company (RMC) based in Singapore.

Headed by Bicky Carlra, Senior Vice President for Asia & Middle East, the RMC follows in the footsteps of and emulates existing regional headquarters successfully established in Europe and the Americas. Through replicating this strategy - providing strong regionalised support and resources to local teams of specialists - TQ3 aims to build the same success story in Asia and Middle East to the benefit of its clients.

Geared towards meeting the needs of all of TQ3`s existing and future national and multinational corporate clients, through an enviable portfolio of traditional and core services, alongside new innovative business services such as consulting, the establishment of the Singapore headquarters reinforces TQ3`s commitment to, and the importance it places on, Asia and Middle East - values which have already seen the travel leader`s presence expand to over 20 countries within these two regions.

With the consistently high-performing economies of China and India setting the pace - China currently achieving over 9% rowth rate in its GDP and India, seeing double-digit growth of around 10% - overseas investors are actively moving their resources into these two countries.

The introduction of the RMC working alongside a strong partnership network, leaves TQ3 well placed to bring quality solutions in support of these corporations.
Theodore Koumelis - Thursday, June 10, 2004
3 recommendation(s) , 100 print(s), 1409 views, 0 comment(s)
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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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