Singapore’s Tourism Board And NATAS To Partner With The FinLab To Help Travel Agencies Evolve Through Digital Transformation

Source: https://www.opengovasia.com/articles/singapores-tourism-board-and-natas-to-partner-with-the-finlab-to-help-travel-agencies-evolve-through-digital-transformation

The Ministry of Communications and Information announced that The FinLab would be collaborating with the Singapore Tourism Board (STB) and the National Association of Travel Agents Singapore (NATAS) to help travel agencies evolve and renovate their businesses via a digital transformation programme for the selected businesses.

Singapore’s economy relies heavily on the tourism industry, which accounts for approximately four per cent of its annual gross domestic product. However, changing consumer behaviour and the growing competition for tourism dollars regionally pose a significant challenge to the industry.

Consequently, to ensure the industry’s continued growth, it is important for members of the industry to grasp the currently available opportunities in the online travel market, particularly those in the Asia Pacific online travel market, which is expected to grow by 13 per cent by focusing on technological transformation.

None the less, it was noted that despite most consumers moving to online booking sites, travel agencies retain the opportunity to go beyond the usual issuance of e-tickets and vouchers and, in addition to these services, provide consumers with more personalised services. Thus, travel agencies must understand how they can apply digital solutions to understand and connect more effectively with their target audience along with personal interaction.

In the face of a dynamic economic landscape in Singapore, travel agencies and the companies and initiatives that seek to help them grow and transform must remain constantly cognizant of the challenges that SMEs (small and medium-sized enterprises) face in harnessing the potential of technology and in transforming it into benefits for their businesses.

Experts maintain that in order for the travel industry to continue to capitalise on growth opportunities in the long-term it must continue to innovate. One avenue to do this is to collaborate with partners who have the expertise to assist Singapore’s travel agents in developing digital competencies.

The FinLab, a partnership between SGInnovate and United Overseas Bank (UOB), is a business accelerator formed to propel technology companies and catalyse the digital transformation of businesses.

The FinLab’s programme presents the selected Singaporean travel agencies the opportunity to not only connect to The Finlab’s ecosystem of associates to transform their business digitally but also enables them to use what they have learned to improve their business’ performance, enhance consumer experiences and seize business opportunities present in the digital economy.

Ms Ong Ling Lee, Director at Travel Agents and Tourist Guides, STB stated that their collaboration with The FinLab is one of several initiatives created to support travel agencies and help them grown and transform their businesses in an increasingly competitive tourism market. “We hope that with the practical guidance provided by this acceleration programme, travel agents will be encouraged to take the first step towards achieving their growth ambitions”, Ms Lee added.

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India $45 Billion Outbound Tourism Market

India outbound tourism market is expected to exceed US$ 45 Billion by 2025.

“India Outbound Tourism Market Analysis 2012 – 2017 and Forecast 2018 – 2025” offers the most up-to-date industry data on the actual market situation and future outlook for India outbound tourism market. The report uses data and analysis to discuss potential lucrative opportunities and future trends related to India international travelers visitation, spending, purpose of visits and main destination markets. The report provides clear insight into current and future tourism developments of the India outbound tourism market. Furthermore, this report uses country focused analysis to explore India outbound tourism market.
A detailed country-wise analysis of the market is provided, covering a total of 16 nations. The research study limelight growth drivers and investigates market inhibitors of India outbound tourism market.
The countries included in this report are: 
Singapore, Thailand, United States, Hong Kong, Australia, China, Japan, Korea, New Zealand, Sri Lanka, Taiwan, Nepal, Cambodia, Mauritius, United Kingdom and Canada
Key Findings:
•India has become one of the fastest growing outbound travel markets in the world
•In 2017, there were more than 23 Million outbound tourist departures from India
•India ranks top in terms of number of visitor arrivals to Singapore and Thailand
•Indian travelers likely to become major spenders in the United States
The Latest Industry Data Included in this Report:
•India Outbound Tourism Market (2012 – 2025)
•India Outbound Travelers Visitation & Forecast (2012 – 2025)
•India Outbound Travelers Spending & Forecast (2012 – 2025)
•India Outbound Travelers Visitation Share & Forecast (2012 – 2025)
•India Outbound Travelers Spending Share & Forecast (2012 – 2025)
•16 Countries Indian Travelers Visitation & Forecast (2012 – 2025)
•16 Countries Indian Travelers Purpose of Visit & Forecast (2012 – 2025)
•16 Countries IndianTravelers Spending & Forecast (2012 – 2025)
•Identification of Key Drivers and Inhibitors of the India Outbound Tourism Market
Table of Content
1. Executive Summary

2. India Outbound Tourism Market (2012 – 2025) 
2.1 India Outbound Travelers Visitation
2.2 India Outbound Travelers Spending
3. India Outbound Tourism Market Share (2012 – 2025) 
3.1 India Outbound Travelers Visitation Share
3.2 India Outbound Travelers Spending Share
4. Key Market Drivers and Inhibitors of the India Outbound Tourism Market
4.1 Market Drivers
4.2 Market Inhibitors
5. India Outbound Tourism Market – Country Analysis (2012 – 2025)
5.1 Singapore – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.1.1 India Outbound Travelers Visitation to Singapore
5.1.2 India Outbound Travelers Purpose of Visit to Singapore
5.1.3 India Outbound Travelers Spending in Singapore
5.2 Thailand – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.2.1 India Outbound Travelers Visitation to Thailand
5.2.2 India Outbound Travelers Purpose of Visit to Thailand
5.2.3 India Outbound Travelers Spending in Thailand
5.3 United States – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.3.1 India Outbound Travelers Visitation to United States
5.3.2 India Outbound Travelers Purpose of Visit to United States
5.3.3 India Outbound Travelers Spending in United States
5.4 Hong Kong – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.4.1 India Outbound Travelers Visitation to Hong Kong
5.4.2 India Outbound Travelers Purpose of Visit to Hong Kong
5.4.3 India Outbound Travelers Spending in Hong Kong
 
5.5 Australia – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.5.1 India Outbound Travelers Visitation to Australia
5.5.2 India Outbound Travelers Purpose of Visit to Australia
5.5.3 India Outbound Travelers Spending in Australia
5.6 China – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.6.1 India Outbound Travelers Visitation to China
5.6.2 India Outbound Travelers Purpose of Visit to China
5.6.3 India Outbound Travelers Spending in China
5.7 Japan – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.7.1 India Outbound Travelers Visitation to Japan
5.7.2 India Outbound Travelers Purpose of Visit to Japan
5.7.3 India Outbound Travelers Spending in Japan
5.8 Korea- India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.8.1 India Outbound Travelers Visitation to South Korea
5.8.2 India Outbound Travelers Purpose of Visit to South Korea
5.8.3 India Outbound Travelers Spending in Korea
 
5.9 New Zealand – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.9.1 India Outbound Travelers Visitation to New Zealand
5.9.2 India Outbound Travelers Purpose of Visit to New Zealand
5.9.3 India Outbound Travelers Spending in New Zealand
5.10 Sri Lanka – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.10.1 India Outbound Travelers Visitation to Sri Lanka
5.10.2 India Outbound Travelers Purpose of Visit to Sri Lanka
5.10.3 India Outbound Travelers Spending in Sri Lanka
5.11 Taiwan – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.11.1 India Outbound Travelers Visitation to Taiwan
5.11.2 India Outbound Travelers Purpose of Visit to Taiwan
5.11.3 India Outbound Travelers Spending in Taiwan
5.12 Nepal – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.12.1 India Outbound Travelers Visitation to Nepal
5.12.2 India Outbound Travelers Purpose of Visit to Nepal
5.12.3 India Outbound Travelers Spending in Nepal
 
5.13 Cambodia – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.13.1 India Outbound Travelers Visitation to Cambodia
5.13.2 India Outbound Travelers Purpose of Visit to Cambodia
5.13.3 India Outbound Travelers Spending in Cambodia
5.14 Mauritius – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.14.1 India Outbound Travelers Visitation to Mauritius
5.14.2 India Outbound Travelers Purpose of Visit to Mauritius
5.14.3 India Outbound Travelers Spending in Mauritius
5.15 United Kingdom – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.15.1 India Outbound Travelers Visitation to United Kingdom
5.15.2 India Outbound Travelers Purpose of Visit to United Kingdom
5.15.3 India Outbound Travelers Spending in United Kingdom
5.16 Canada – India Outbound Travelers Visitation, Purpose of Visit, Spending & Forecast
5.16.1 India Outbound Travelers Visitation to Canada
5.16.2 India Outbound Travelers Purpose of Visit to Canada
5.16.3 India Outbound Travelers Spending in Canada
5.17 Other Countries – India Outbound Travelers Visitation, Spending & Forecast
5.17.1 India Outbound Travelers Visitation to Other Countries
5.17.2 India Outbound Travelers Spending in Other Countries

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.

Visit for More Reports on MICE Tourism: http://www.dpiresearch.com/

Krabi to host first Sundown Marathon Thailand Series in September

Source : http://www.nationmultimedia.com/

The picturesque province of Krabi will stage the first ever ‘Sundown Marathon Thailand Series’ event to be held in Thailand, on Saturday, September 22, 2018. More than 4,000 Thai and international runners are expected to take part in this popular Asian night running event, and organisers are confident they will be impressed by the race’s route and Krabi’s charm and beauty.

Krabi was chosen as host venue for the Sundown Marathon due to its experience as a tourist destination and its capability to handle large events with many participants. Accommodation-wise, Krabi offers over 10,000 hotel rooms. The destination also boasts plenty of beautiful scenery along the race route for runners, including its gorgeous beaches, as well as unique Thai local experiences in the way of arts and culture for the runners and spectators to enjoy.

‘Sundown Marathon Krabi 2018’ will feature 12 km and 21 km race distances for around 4,000 runners. Along the course of the race itself, various fun and entertaining activities will take place including a festival and concert.

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Travel & Tourism Taiwan Industry Guide 2018-2024

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$900.00

Taiwan will attract more than 12 Million international travelers and generated US$ 16 Billion revenues by 2024.
The report “Taiwan International Travelers Visitation, Spending Analysis 2012 – 2017 and Future Forecast 2018 – 2024” offers the most up-to-date industry data on the actual market situation and future outlook for Taiwan inbound tourism market. The report uses data and analysis to discuss future trends related to international travelers arrivals, spending, purpose of visits and main destination markets. The report provides clear insight into current and future tourism developments in the region. Furthermore, this report uses regional and country focused analysis to explore inbound tourist markets in Taiwan.
Browse full table of contents and data tables at : http://www.dpiresearch.com/report-details.php?P_ID=121
A detailed country-wise analysis of the market is provided, covering a total of 15 nations and 5 regions. The research study limelight growth drivers and investigates market inhibitors of Taiwan travel & tourism.
The countries included in this report are Hong Kong & Macao, Mainland China, Japan, Malaysia, Singapore, Philippines, Canada, United States, France, Germany, Netherlands, United Kingdom, Australia, New Zealand and South Africa
The regions included in this report are Asia, North America, Oceania, Europe and Africa
Key Findings:
• Mainland China is the largest source market for Taiwan tourism, but its share will
   decline in the forecast period
• Hong Kong and Macau will be leading source market with nearly 20% share by 2024
• International tourists most commonly travel to the Taiwan for pleasure purposes
 The Latest Industry Data Included in this Report:
• Total International Travelers in Taiwan & Forecast (2012 – 2024)
• Total International Travelers Spending in Taiwan & Forecast (2012 – 2024)
• Total International Travelers Spending Share & Forecast (2012 – 2024)
• By Region Travelers Spending Share & Forecast (2012 – 2024)
• 5 Region Travelers Visitation, Spending & Forecast (2012 – 2024)
• 5 Region Travelers Purpose of Visit & Forecast (2012 – 2024)
• 15 Countries Travelers Visitation & Forecast (2012 – 2024)
• 15 Countries Travelers Purpose of Visit & Forecast (2012 – 2024)
• 15 Countries Travelers Spending & Forecast (2012 – 2024)
• Identification of Key Drivers and Inhibitors of the Taiwan Travel & Tourism

ALIBABA PARTNERS WITH THAILAND ON DIGITAL TRADE, SMART TOURISM

Source: http://www.alizila.com/

Alibaba Group on Thursday signed an agreement with the government of Thailand to build a smart digital trading hub in the country, while also working to develop its capabilities in e-commerce, digital logistics, tourism and training.

In the wide-ranging agreement, Alibaba said it would work with Thailand on everything from boosting efficiencies in trade to educating Thai entrepreneurs and SMEs in digital commerce. The partnership will give Thailand access to technologies and processes that can help advance its economy, while Alibaba gains a stronger foothold in an important market in Southeast Asia.

The new “Smart Digital Hub,” which will be located in Thailand’s all-important Eastern Economic Corridor, will leverage technologies from Alibaba and its logistics platform, Cainiao Network, to streamline trade between Thailand and China and other markets, including digitizing the customs process. The EEC is a key part of government program, called “Thailand 4.0,” which is working to expand the economy beyond heavy industry and agriculture to technology and other innovations. The Smart Digital Hub is being described as a part of that effort.

Visit for More Reports On Tourism: http://www.dpiresearch.com/

India Outbound Tourism Market: Outbound Tourists, Purpose of Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending and Forecast

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India outbound tourism market is expected to exceed US$ 45 Billion by 2025.
 
“India Outbound Tourism Market Analysis 2012 – 2017 and Forecast 2018 – 2025” offers the most up-to-date industry data on the actual market situation and future outlook for India outbound tourism market. The report uses data and analysis to discuss potential lucrative opportunities and future trends related to India international travelers visitation, spending, purpose of visits and main destination markets. The report provides clear insight into current and future tourism developments of the India outbound tourism market. Furthermore, this report uses country focused analysis to explore India outbound tourism market.
A detailed country-wise analysis of the market is provided, covering a total of 16 nations. The research study limelight growth drivers and investigates market inhibitors of India outbound tourism market.
The countries included in this report are: 
Singapore, Thailand, United States, Hong Kong, Australia, China, Japan, Korea, New Zealand, Sri Lanka, Taiwan, Nepal, Cambodia, Mauritius, United Kingdom and Canada
Key Findings:
• India has become one of the fastest growing outbound travel markets in the world
• In 2017, there were more than 23 Million outbound tourist departures from India
• India ranks top in terms of number of visitor arrivals to Singapore and Thailand
• Indian travelers likely to become major spenders in the United States
The Latest Industry Data Included in this Report:
• India Outbound Tourism Market (2012 – 2025)
• India Outbound Travelers Visitation & Forecast (2012 – 2025)
• India Outbound Travelers Spending & Forecast (2012 – 2025)
• India Outbound Travelers Visitation Share & Forecast (2012 – 2025)
• India Outbound Travelers Spending Share & Forecast (2012 – 2025)
• 16 Countries Indian Travelers Visitation & Forecast (2012 – 2025)
• 16 Countries Indian Travelers Purpose of Visit & Forecast (2012 – 2025)
• 16 Countries IndianTravelers Spending & Forecast (2012 – 2025)
• Identification of Key Drivers and Inhibitors of the India Outbound Tourism Market