Thailand tops MICE scene

Source: http://www.nationmultimedia.com/detail/Tourism/30347051

THAILAND has been rated the top destination for the meetings, incentive travel, convention and exhibition (MICE) sector, according to a survey released by the Thailand Convention and Exhibition Bureau (TCEB).

According to the survey, Thailand secured the top spot with the so-called delight factors in hospitality, value for money, good variety of international and local cuisine and MICE activities. The poll was conducted by Custom Asia Co Ltd to survey and sought responses about the preferred destinations for business travel and MICE trips.

The TCEB also announced that Thailand was chosen as the host country for international conferences organised by the world’s leading associations in events and travel incentive industries, UFI and SITE. These events, which will take place in Bangkok next year, will be emphasise Thailand’s potential and its position as the leading MICE destination in the region.

TCEB president Chiruit Isarangkun Na Ayuthaya said that TCEB is tasked with promoting and developing business events in Thailand. The bureau has been working toward establishing Thailand as premier MICE destination and elevating the country to be the “Top of Mind Destination for MICE”.

In order to identify the strengthens of Thailand to better attract the overseas MICE markets, the TCEB needs to study key factors that influence the destination choice, evaluate Thailand MICE destination image, and measure the competitiveness of Thailand when compared to other MICE destinations.

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Singapore Meetings, Incentives, Conventions, Exhibitions (MICE) Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2016 – 2021

Singapore MICE tourism market is projected to reach nearly US$ 2.5 Billion across the 20 countries covered in this reportby the year end of 2021.

Singapore is one of the world’s top MICE (Meetings, Incentives, Conventions & Exhibitions) destination. Singapore is a stellar MICE city, maintaining a perfect tourism impression among world-wide travelers with its stable and conducive business environment, convenient transportation, pleasant environment and well-appointed facilities. These factors tend to attract international organizations to base their regional offices in the city. Singapore has always been a magnetic venue for business and leisure. Sightseeing, catering, entertainment, business events and exhibitions together create an integrated tourism chain in this country. Facilities for both business and leisure such as World Resort Sentosa, Universal Studios Singapore, Merlion’s Park, Suntec Singapore and Singapore EXPO ensure Singapore’s position as a prime MICE destination.Singapore provides a conducive platform for MICE travelers to achieve their success in Singapore through a dynamic environment underpinned by vibrant knowledge, wide networks, ease of doing business and a sense of fun.

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Singapore MICE Travelers Insights

China and Indonesia will be the major source market for Singapore MICE tourism by the year end of 2021. India will be the third leading source market for Singapore MICE tourism by 2021. Japan stand at the fourth spot with XX% share of the Singapore MICE tourist arrivals. South Korea and Thailand holds the fifth and sixth highest share of the Singapore MICE tourist arrivals, being followed by United States by the year end of 2021.

Singapore MICE Tourism Market Revenue Insights

Japan MICE travelers has enjoyed a significant role in contributing revenue to the Singapore economy in 2015. Japan contributed 18.1% share in 2015 but Japan will not retain its #1 position in the revenue generator due to the fall in the MICE travelers’ in Singapore.  It is predicted that China, India and Indonesia will be leading revenue generators by the year end of 2021. Other countries such as South Korea, United States and Thailand will also be the major revenue generators by the year end of 2021.

The research report titled  Singapore Meetings, Incentives, Conventions, Exhibitions (MICE) Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2016 – 2021” provides detailed information on the Singapore MICE Tourism Market. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Singapore. Market outlook in value terms for the forecasted period for Singapore MICE tourism market has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Singapore MICE tourism market.

This 115 Page report with 84 Figures and 4 Tables has been analyzed from 5 viewpoints:

1.    Singapore MICE Travelers, Revenue & Forecast (2010 – 2021)

2.    Singapore MICE Travelers, Revenue Share & Forecast (2010 – 2021)

3.    Singapore MICE Travelers, Revenue & Forecast –  Top 20 Country Analysis (2010 –  2021)

4.    Singapore MICE Tourism Market – Growth Drivers

5.    Singapore MICE Tourism Market – Challenges

Singapore MICE Tourism Market – 20 Countries Covered

 

1.    Indonesia

2.    Malaysia

3.    Philippines

4.    Japan

5.    Thailand

6.    China

7.    Taiwan

8.    Hong Kong

9.    South Korea

10.  India

11.  France

12.  Germany

13.  Italy

14.  Netherlands

15.  United Kingdom

16.  Canada

17.  United States

18.  New Zealand

19.  Australia

20.  South Africa

Thailand will attract more than 1.3 Million MICE travelers and generated nearly about US$ 4 Billion revenues by 2022

The MICE industry is one of the key sectors that Thailand intends to develop in order to stimulate quality visitors both within the country and abroad. Thailand is one of the most important and popular MICE destination worldwide. Thailand is famous MICE destination due to its solid basic infrastructure, strategic location, developed transportation systems, international connectivity, a well-trained private sector, continual government support and sound regulations. Each year, it stages numerous meetings, seminars, and world-class exhibitions, and welcomes numerous visitors led by the world’s leading tour companies. Thailand has plans to develop more MICE-related amenities, especially convention centers and venues that can stage mega events, growing its capacity to serve an expanding market and rising demand for meetings, conventions and exhibitions.

It is forecasted that Thailand will attract more than 1.3 Million MICE travelers and generated nearly about US$ 4 Billion revenues by 2022.

Meetings are the most popular segment in the Thailand MICE Industry. Meetings controls a lion’s market share of around 75% for the year 2015 and it is expected to continue its dominance till 2022.

East Asia is the major source of MICE travelers in Thailand. East Asian countries representing XX% of all overseas MICE travelers. Europe and South Asia have shown its potential to become 2nd and 3rdpopular MICE traveler’s region. The Americas is the fourth leading source market for Thailand MICE industry. It is predicted that East Asia will continue its #1 position in the Thailand MICE travelers by the year 2022.

In Thailand MICE traveler Inflow, China holds the highest share in 2015, and it is expected that China will maintain its position in the forecasting period. Japan, Malaysia and Vietnam hold the 2nd, 3rd and 4th best source countries for MICE traveler visits to Thailand.

In Thailand MICE traveler’s revenue, China contributed XX% share in 2015 and likely that China will be best country to generate the maximum revenue to the Thailand MICE industry.  Other countries such as Cambodia, Indonesia, Japan, Malaysia, Vietnam and India are also the important source countries for the Thailand MICE industry.

The report titled “Thailand MICE Industry & Forecast to 2022” provides detailed information on the Thailand MICE Industry. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Thailand.Market outlook in value terms for the forecasted period for Thailand MICE Industry has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Thailand MICE Industry.

Thailand MICE Industry have been analyzed from 4 viewpoints:

1. Thailand MICE Travelers Inflow, Revenue & Forecast – Regional Analysis (2012 – 2022)

2. Thailand MICE Travelers Inflow, Revenue & Forecast – Country Wise Analysis (2012 – 2022)

3. Thailand MICE Travelers Inflow, Revenue & Forecast – Industry Analysis (2012 – 2022)

4. Thailand MICE Industry – Growth Drivers & Challenges

Thailand MICE Industry & Forecast to 2022 – By Industry Analysis

1.    Meetings

2.    Incentives

3.    Conventions

4.    Exhibitions

Thailand MICE Industry & Forecast to 2022 – By Regional Analysis

1.    East Asia

2.    Europe

3.    The Americas

4.    South Asia

5.    Oceania

6.    Middle East

7.    Africa

 

Thailand MICE Industry & Forecast to 2022 – Countries Wise Analysis

 

1.    Cambodia

2.    Indonesia

3.    Loas

4.    Malaysia

5.    Myanmar

6.    Philippines

7.    Singapore

8.    Vietnam

9.    China

10.Hong Kong

11.Japan

12.Korea

13.Taiwan

14.France

15.Germany

16.Russia

17.Italy

18.United Kingdom

19.USA

20.Canada

21.Brazil

22.Bangladesh

23.India

24.Pakistan

25.Sri Lanka

26.Australia

27.New Zealand

28.Isreal

29.UAE

30.South Africa

31.Other Countries

 

Data Sources

The information contained in this report is based on both primary and secondary sources.

Primary Sources:Questionnaires, surveystelephonic interviews with industry experts and observations

Secondary Sources:Secondary data analysis and review involves collecting and analysing a vast array of information. DPI Research seeks information from different sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, newspapers, books, Government official websites and other paid database sources.

More Details Visit @ http://www.dpiresearch.com/report-details.php?P_ID=56

Thailand MICE Industry & Forecast to 2022

The MICE industry is one of the key sectors that Thailand intends to develop in order to stimulate quality visitors both within the country and abroad. Thailand is one of the most important and popular MICE destination worldwide. Thailand is famous MICE destination due to its solid basic infrastructure, strategic location, developed transportation systems, international connectivity, a well-trained private sector, continual government support and sound regulations. Each year, it stages numerous meetings, seminars, and world-class exhibitions, and welcomes numerous visitors led by the world’s leading tour companies. Thailand has plans to develop more MICE-related amenities, especially convention centers and venues that can stage mega events, growing its capacity to serve an expanding market and rising demand for meetings, conventions and exhibitions.

Browse full table of contents and data tables at : http://www.dpiresearch.com/report-details.php?P_ID=56

It is forecasted that Thailand will attract more than 1.3 Million MICE travelers and generated nearly about US$ 4 Billion revenues by 2022.

Meetings are the most popular segment in the Thailand MICE Industry. Meetings controls a lion’s market share of around 75% for the year 2015 and it is expected to continue its dominance till 2022.

East Asia is the major source of MICE travelers in Thailand. East Asian countries representing XX% of all overseas MICE travelers. Europe and South Asia have shown its potential to become 2nd and 3rdpopular MICE traveler’s region. The Americas is the fourth leading source market for Thailand MICE industry. It is predicted that East Asia will continue its #1 position in the Thailand MICE travelers by the year 2022.

In Thailand MICE traveler Inflow, China holds the highest share in 2015, and it is expected that China will maintain its position in the forecasting period. Japan, Malaysia and Vietnam hold the 2nd, 3rd and 4th best source countries for MICE traveler visits to Thailand.

In Thailand MICE traveler’s revenue, China contributed XX% share in 2015 and likely that China will be best country to generate the maximum revenue to the Thailand MICE industry.  Other countries such as Cambodia, Indonesia, Japan, Malaysia, Vietnam and India are also the important source countries for the Thailand MICE industry.

DPI Research report titled “Thailand MICE Industry & Forecast to 2022” provides detailed information on the Thailand MICE Industry. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Thailand.Market outlook in value terms for the forecasted period for Thailand MICE Industry has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Thailand MICE Industry.

Thailand MICE Industry have been analyzed from 4 viewpoints:

1. Thailand MICE Travelers Inflow, Revenue & Forecast – Regional Analysis (2012 – 2022)

2. Thailand MICE Travelers Inflow, Revenue & Forecast – Country Wise Analysis (2012 – 2022)

3. Thailand MICE Travelers Inflow, Revenue & Forecast – Industry Analysis (2012 – 2022)

4. Thailand MICE Industry – Growth Drivers & Challenges

Thailand MICE Industry & Forecast to 2022 – By Industry Analysis

1.    Meetings

2.    Incentives

3.    Conventions

4.    Exhibitions

Thailand MICE Industry & Forecast to 2022 – By Regional Analysis

1.    East Asia

2.    Europe

3.    The Americas

4.    South Asia

5.    Oceania

6.    Middle East

7.    Africa

 

Thailand MICE Industry & Forecast to 2022 – Countries Wise Analysis

 

1.    Cambodia

2.    Indonesia

3.    Loas

4.    Malaysia

5.    Myanmar

6.    Philippines

7.    Singapore

8.    Vietnam

9.    China

10.Hong Kong

11.Japan

12.Korea

13.Taiwan

14.France

15.Germany

16.Russia

17.Italy

18.United Kingdom

19.USA

20.Canada

21.Brazil

22.Bangladesh

23.India

24.Pakistan

25.Sri Lanka

26.Australia

27.New Zealand

28.Isreal

29.UAE

30.South Africa

31.Other Countries

MICE Travel and Tourism in United States

United States MICE travel and tourism market is expected to be more than US$ 17 Billion by 2024.
Browse full table of contents and data tables at : http://www.dpiresearch.com/report-details.php?P_ID=125
The report “MICE Travel and Tourism in United States – Market Trends, Opportunities & Growth Potential” is a professional and in-depth study on the actual market situation and future outlook for United States MICE tourism market. The report uses data and analysis to discuss potential lucrative opportunities and future trends related to United States MICE travelers flow, revenue and main destination markets. The report provides clear insight into current and future tourism developments of the United States MICE tourism market. Furthermore, this report uses country focused analysis to explore United States MICE tourism market.
A detailed country–wise analysis of the market is provided, covering a total of 22 nations. The research study also limelight growth drivers and investigates challenges of United States MICE tourism market.
The countries included in this report are Argentina, Australia, Brazil, Canada, Chile, China, France, Germany, India, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan and United Kingdom.
The Latest Industry Data Included in this Report:
• United States MICE Travel and Tourism Market Size by Revenue (2012 – 2024)
• United States MICE Travel and Tourism Arrival & Forecast (2012 – 2024)
• United States MICE Travel and Tourism Arrival Share & Forecast (2012 – 2024)
• United States MICE Travel and Tourism Revenue Share & Forecast (2012 – 2024)
• 22 Countries United States MICE Travel and Tourism Arrival & Forecast (2012 – 2024)
• 22 Countries United States MICE Travel and Tourism Revenue & Forecast (2012 – 2024)
• Trends and Developments in United States MICE Travel and Tourism Market
• Future Outlook for United States MICE Travel and Tourism Market
Order a Copy of this Report at : http://www.dpiresearch.com/buy.php

Hong Kong MICE Tourism Market Research Report Analysis

Hong Kong MICE Tourism market is projected to reach more than US$ 2.5 Billion by the end of 2021 growing at a CAGR of around XX% from 2016 to 2021.

Browse full table of contents and data tables at : http://www.dpiresearch.com/report-details.php?P_ID=73

Hong Kong is one of the world’s top MICE (Meetings, Incentives, Conventions & Exhibitions) destinations. Hong Kong’s strategic location, together with its vibrant cosmopolitan lifestyle, newly added and more sophisticated infrastructure, world class hospitality and superb professional services, have made the city an ideal location for meetings, incentives, conventions, and events (MICE) tourism.  The MICE tourists increase was contributed by a number of large–scale conventions and exhibition programs with unprecedented numbers of participants. MICE organizers have been attracted by the growth of the mainland economy and favorable exchange rates, with the greatest increase coming from those visiting from short–haul markets – particularly Mainland China. The Government is committed to enhancing the appeal of Hong Kong as an ideal MICE (Meetings, Incentive travels, Conventions and Exhibitions) destination in Asia.

Hong Kong MICE Tourism Arrivals Insights

Chinese Mainland is the largest source market for Hong Kong MICE tourism. South and Southeast Asia is the second leading source market for Hong Kong MICE tourism. Europe, Africa and The Middle East stands at the third spot with XX% share of the Hong Kong MICE tourist arrivals. North Asia and The Americas holds the fourth and fifth highest share of the Hong Kong MICE tourist arrivals, being followed by Taiwan. Australia, New Zealand and S. Pacific and Macau SAR are the other leading source market for Hong Kong MICE tourism.

Hong Kong MICE Tourism Spending Insights

In terms of spending by the MICE tourists in Hong Kong, Mainland China is the leader with more than 50% of spending in 2015. Mainland China MICE tourists spending share in Hong Kong is higher than the combined share of the top 7 regions. Mainland China is likely to maintain dominance in Hong Kong MICE tourists spending by the year end of 2021.  South and Southeast Asia spot at second position in the spending share with XX% share in 2015.

The research report titled “Hong Kong MICE Tourism Market – Trips & Spending to 2021” provides detailed information on the Hong Kong MICE Tourism Market. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Hong Kong. Market outlook in value terms for the forecasted period for Hong Kong MICE Tourism market has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Hong Kong MICE Tourism Market.

All the regions in the report has been studied from 2 view points

1.    Hong Kong MICE Tourists Arrival – Region Wise Analysis (2008 – 2021)

2.    Hong Kong MICE Tourists Spending – Region Wise Analysis (2008 – 2021)

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Hong Kong MICE Tourists Arrival, Spending – 8 Regions Covered

1.    Chinese Mainland

2.    South and Southeast Asia

3.    Europe, Africa and The Middle East

4.    The Americas

5.    North Asia

6.    Taiwan

7.    Australia, New Zealand and S. Pacific

8.    Macau SAR