ILTM to drive growth in Arabian outbound market with launch in Dubai
International Luxury Travel Market (ILTM) has announced a new event to its global portfolio: ILTM Arabia – in a co-located event with Arabian Travel Market (ATM), on 24-25 April in the International Convention and Exhibition Centre, Dubai.
ILTM Arabia will be the first high-end luxury travel event to access the high-net-worth traveller from the Arab and Gulf region, with buyers from across the GCC region with strong presence from UAE, Saudi Arabia and Qatar. Only the most discerning luxury travel buyers from the region will be invited to the event including companies such as FSMagic and Quintessentially Travel. Buyers will be fully hosted by ILTM and attend one-to-one, pre-scheduled appointments with up to 25 international luxury travel brands – a first for ATM and the proven successful ILTM portfolio format.
The Arabian outbound travel market witnessed a 9% increase as high-net-worth travellers from the region continue to explore further afield, spending heavily on luxury accommodation and entertainment in 2016. Recent research shows that expenditure on outbound travel from the Middle East has steadily increased from US$72.9 billion in 2012 and is expected to reach US$165.3 billion by 2025.
“The Arabian outbound market is established and affluent, with a growing generation of individuals looking to spend their leisure time in the world’s finest places. This year we are inviting some of our closest partners to experience the new ILTM Arabia and explore the increasing business opportunities from the region’s highest-net-worth travellers.”
Alison Gilmore, Portfolio Director for ILTM
Confirmed exhibitors at ILTM Arabia include Rosa Alpina & Villanocetta (Italy), Small Luxury Hotels of the World, The One Barcelona (Spain), Velaa Private Island (Maldives) and Vienna Tourist Board.