TTGmice Publications February/March 2019 | Page 14

Cover story DESTINATION PROJECTIONS Australia OUTLOOK 2019 Geopolitical tensions are not enough to put a damper on inbound business events performance in the region, while Asian bookers are demanding more personalisation and smarter use of their event budget. By TTGmice reporters Australia is expecting to see robust activity for business events in 2019, with most event seg- ments seeing strong growth and Asia source markets regarded as a key contributor. Penny Lion, executive general manager events at Tourism Australia, said: “(We have) overall growth of six per cent for business events arrivals and five per cent for business events expenditure in the year ending March 2018. In particular however, we are seeing strong growth out of China, with an 11 per cent increase in business events arrivals during this time, and 12 per cent growth in expenditure... so we expect a robust 2019 and beyond.” Lion’s vote of confidence is echoed by As- sociation of Australian Convention Bureaux’s (AACB) CEO Andrew Hiebl, who projects that the number of international delegates travel- ling to Australia to attend almost 400 business events in 2019 will break the quarter-million mark for the first time since AACB reporting, contributing to a total delegate spend of more than A$1 billion (US$722.9 million). “Association meetings and conventions will continue to be Australia’s strongest performing international segments,” said Hiebl. “(But) in- ternational corporate meetings and incentives won dropped by 18 per cent (suggesting these may prove the weakest areas next year)”. However, corporates are where convention centres like ICC Sydney are banking on for the strongest growth, with CEO Geoff Donaghy seeing incentives and product launches increasingly booking Australia. “Our close proximity to Asia provides us with an enormous advantage and opportunity,” he said. – Adelaine Ng Hong Kong Hong Kong is leveraging improved cross- border access via the new High Speed Rail and the Hong Kong-Zhuhai-Macao Bridge to grow business travel and events traffic. Nicholas Chan, director of sales with Kerry Hotel, Hong Kong, foresees an increase in business arrivals in 2019, driven by global interest in the new international transport link to support international meetings. Chan expects the US to be Hong Kong’s strongest geographical market for business travel and events, while IT will be the top performing industry sector. Other industry sectors slated “to shine” in 2019 are medical and healthcare, he said. At Hong Kong Convention and Exhibition Centre (HKCEC), exhibitions remain the ven- ue’s key business segment, with most events specialising in luxury products and services. The HKCEC spokesperson added that niche exhibitions on diving & resorts and technology for elderly people are growing. HKCEC found that clients were also paying more attention to environmental issues, and expects this trend to continue.