Asia’s tourism sector is experiencing an unprecedented resurgence, setting the stage for a record-breaking year in 2024. Countries like Vietnam, India, the Philippines, and Japan are leading the charge with strategic initiatives, enhanced infrastructure, and robust domestic tourism driving this growth. Visa-free policies are playing a pivotal role, attracting more visitors and boosting local economies across the region.
July 2024 is shaping up to be a busy month for the MICE industry with several major events taking place across Asia and beyond. From luxury travel to sustainable tourism, these events offer invaluable networking opportunities, insights into industry trends, and a platform for professionals to connect and learn.
Disney Cruise Line is bringing its magical experience to Asia for the first time ever, with the Disney Adventure setting sail from Singapore in 2025. Offering three and four-night cruises, the ship will feature seven themed zones inspired by Disney, Pixar, and Marvel, along with a range of activities, dining, and entertainment options for families. This move signifies a new era for cruising in the region, bringing the magic of Disney to a new audience.
Leading online travel service provider Trip.com has released its highly anticipated 2024 Trip.Best Global and Asia 100 lists. These curated rankings showcase the best travel experiences in various categories, based on real user reviews and annual sales popularity. The lists provide valuable guidance for global travelers seeking exceptional hotels, attractions, restaurants, and nightlife destinations. Paris shines as a top destination for luxury hotels, while Asian attractions dominate the Best Things to Do list, featuring renowned theme parks and cultural landmarks. Foodies will delight in Singapore’s culinary offerings, which take top spots across fine dining, local cuisine, and views and experiences categories. The rankings also highlight popular nightlife destinations, ski resorts, and emerging travel trends. Trip.com’s Trip.Best feature leverages AI to curate these rankings, offering users a comprehensive and reliable resource for making informed travel decisions.
Club Med is offering travelers the chance to save up to 40% at its five stunning resorts across Asia. These resorts are nestled in diverse locations, from the cultural richness of Lijiang in Yunnan to the vibrant allure of Bali and the family-friendly haven of Kata Beach in Phuket. The offer is valid for bookings made until June 10, 2024, and availability may vary.
Eversource Capital, the Indian climate impact fund, is seeking to raise at least $1 billion to invest in companies across Asia. The fund will focus on themes such as water, food, agriculture, and recycling, with a particular emphasis on India and expanding into countries like Indonesia, the Philippines, Vietnam, and Bangladesh. Eversource’s team is actively looking for projects and companies that align with their climate mitigation and adaptation goals. The fund aims to provide an annual return of over 20% on equity investments, acting as a feeder to global investors and private equity firms.
TUMI, the leading international travel, lifestyle, and accessories brand, is expanding its presence in Asia with new store openings at major airports across the region. The new stores, located at Incheon International Airport in Seoul, Suvarnabhumi Airport in Bangkok, Soekarno–Hatta International Airport in Jakarta, and Chhatrapati Shivaji Maharaj International Airport in Mumbai, will offer TUMI’s full range of products to discerning travelers.
Miki Reps and its Balkan collaborators organized a successful Balkans Roadshow 2024 in Tokyo, Seoul, and Hong Kong from April 22 to April 26. The event connected Balkan representatives with travel industry experts in Asia. Around 90 participants engaged in presentations, networking, and discussions about the latest Balkan tourism trends, showcasing the region’s diverse travel experiences, from UNESCO sites to culinary delights.
Renting a place in a major city can be an expensive endeavor. According to financial experts, it’s recommended to spend no more than 30% of your pre-tax income on rent. The Global Property Guide has compiled a list of median rental prices for 1-bedroom apartments in the most expensive areas of several major Asian cities. The prices range from $481 to $25,802 per month. Despite a downturn in the housing market in Asia amidst economic weakness and inflation, cities like Taipei and Singapore remain resilient with rising housing prices. The report suggests that the global housing market is stabilizing as inflationary pressures ease and central banks pause rate hikes.
The Serapong course on Sentosa Island sets the stage for the elite showdown at LIV Golf Singapore, where top talents from around the globe converge to challenge both each other and one of Asia’s premier golf destinations. Celebrating its 50th anniversary, Sentosa Golf Club hosts the LIV Golf League for the second consecutive year, drawing in a star-studded lineup featuring current frontrunner Joaquin Niemann of Chile, Spain’s Jon Rahm, and recent LIV Golf Miami victor Dean Burmester from South Africa.
