shaping the future of travel in asia pacific
DESCRIPTION
Amadeus research analyses the trends that will have the greatest impact on the travel industry in Asia Pacific over the next 20 years, and its implications of changing traveller behaviour.TRANSCRIPT
© 2
013 A
madeus I
T G
roup S
A
1
© 2
013 A
madeus I
T G
roup S
A
2
© 2
013 A
madeus I
T G
roup S
A
Research methodology
3
13
1,531
7
4
Qualitative and quantitative analysis along with extensive analysis of data from: WTO, CAPA,
PATA, ADB, OECD, Frost and Sullivan research estimates
In-depth, one-on-one interviews with thought leaders from the travel industry
Business and leisure travellers
Countries representing both developed and emerging markets
(Australia, China, India, Indonesia, Japan, Korea and Singapore)
Additional market-focused whitepapers
(Australia, China, India, Japan)
© 2
013 A
madeus I
T G
roup S
A
Key insights
4
• As economies in the region converge driven both by a narrowing of the wealth gap
between developed and emerging economies,
and greater liberalisation of trade and of travel –
travel will actually become more divergent
• A greater variety of people will be
travelling for a more divergent set of reasons, with a much
broader range of aspirations, behaviours and
expectations from the travel experience
5
The Me Effect
The fragmentation of
the travel market into
ever-increasing
niches
© 2
013 A
madeus I
T G
roup S
A
The Me Effect
6
Generation ‘S’: Outbound leisure travellers over 65 years of age,
by origin
Source: UN Population Division, Frost & Sullivan estimates
© 2
013 A
madeus I
T G
roup S
A
International business departures by women,
2011 – 2030
7
The Me Effect
Source: Frost & Sullivan estimates
8
Red tape effect
The breaking down of
barriers to travel
within the Asia Pacific
region
© 2
013 A
madeus I
T G
roup S
A
9
53 free trade agreements in 2000
250 in different stages of
development in 2012
The red tape effect Red Tape Effect
© 2
013 A
madeus I
T G
roup S
A
10
Outbound travellers by country
2010 – 2030 (business and leisure) Red Tape Effect
Source: WTO Compendium of Tourism Statistics,
Frost & Sullivan Forecasts
© 2
013 A
madeus I
T G
roup S
A
Outbound departures by country,
2010
11
Red Tape Effect
Note: A single individual can have multiple departures during a year, hence departures
in some countries can exceed 100% of the population
Sources: WTO Compendium of Tourism Statistics, UN Population Division
© 2
013 A
madeus I
T G
roup S
A
Emerging Asian Hotspots
12
In mature markets like Japan, Australia,
Singapore etc. inbound and outbound growth will
be marginal. However there will be strong
inbound growth to obscure markets like Papua
New Guinea, Mongolia, Myanmar and Indonesia
driven largely by their resources."
Mark Dougan, Managing Director, Australia & New Zealand
Frost & Sullivan
“
Red Tape Effect
13
Leapfrog effect
Technology,
infrastructure and
behaviours in the Asia
Pacific region will
leapfrog traditional
behaviours
© 2
013 A
madeus I
T G
roup S
A
Proportion of travellers who frequently use
smartphones for travel-related arrangements and
bookings (2012)
14
Leapfrog Effect
Source: Survey of 1,531 Asia Pacific Travellers, August 2012
Proportion of travellers with aspirations to go
on a cruise holiday, by age group
15
Leapfrog Effect
Source: Survey of 1,531 Asia Pacific Travellers, August 2012
© 2
013 A
madeus I
T G
roup S
A
Asia Pacific high speed rail networks (km)
16
Leapfrog Effect
Source: Frost & Sullivan estimates
17
Barbell effect
Growth particularly at
the upper and lower
ends of the travel
market
© 2
013 A
madeus I
T G
roup S
A
Asia Pacific middle class, 2011 – 2030
18
Barbell Effect
Source: ADB, The Rise of Asia’s Middle Class, 2010, Frost & Sullivan estimates
© 2
013 A
madeus I
T G
roup S
A
19
Barbell Effect Travel expenditure in Asia Pacific by
origin of traveller 2011 - 2030
Source: PATA Tourism Monitor 2012, WTO Compendium of Tourism Statistics and Frost & Sullivan estimates. Assumes no change to average expenditure per trip
*Excludes Singaporean visitors to Malaysia
2011 2030
20
Opportunities for the industry
Determine which customer groups or
segments to target, and develop
increasingly tailored offers for these
groups
1
Improve infrastructure to match the
growth 2
Respond to the diversity 3
Embrace technology to enhance the
customer experience 4
Be collaborative 5
© 2
013 A
madeus I
T G
roup S
A
THANK YOU
Download whitepaper from
www.apacwhitepapers.amadeus.com
blog.amadeus.com/29/01/apacwhitepapers
facebook.com/AmadeusITGroup
Twitter: @AmadeusITGroup