TTGmice Publications February/March 2019 | Page 15

TTGmice February/March 2019 • 13 From left: Hong Kong’s business district; International Convention Centre Sydney Wellness and sustainability concerns are increasingly common among delegates attend- ing events at Grand Hyatt Hong Kong, with planners now eager to find new ways to appeal to their participants through these aspects. When asked about major business concerns for the new year, industry players pointed to uncertainty in the global economy and the trade war between China and the US. – Pru- dence Lui India India’s growing reputation as a knowledge powerhouse is expected to encourage a rise in exhibitions and conferences held on her soil in the new year, while positive international busi- ness ties will drive inbound business travel. Business verticals such as medical, finance, IT and engineering are predicted to be strong drivers of business travel and events demand. Chander Mansharamani, managing director at Alpcord Network Travel & Conferences, added that the “stability of the Indian economy means that inbound MICE demand will grow 10 to 15 per cent in 2019”. Swadesh Kumar, founder of Shikhar Group of Companies, identified the US, Europe and Japan as key source markets for inbound business events and corporate traffic, as “they have strong business ties with India”. With the Indian tourism ministry stepping up destination marketing efforts in the past year, some industry players are also expecting corporate incentive interest to rise in 2019. Meanwhile, Sanzeev Bhatia, vice president, The Metropolitan Hotel & Spa New Delhi, is betting on a rosy second half of the year. He explained: “The Indian union elections are scheduled in the first half of 2019, so a lot of companies have planned their (events in In- dia) for the later part of the year.” – Rohit Kaul Indonesia Indonesian business event players are predict- ing a slow 1H2019 due to the country’s general and presidential elections, as well as the Ramadhan Muslim fasting month following soon after. The Jakarta Convention Center, for one, is feeling the effects acutely. While the venue’s books at year-end typically show strong advance bookings until the following mid-year, this time round it isn’t so. Hosea Andreas Runkat, director of conven- tion services with the venue, explained: “Unlike in 2018, the next January-February period is quiet for us. March will be busy, but April bookings are down 50 per cent year-on-year because of the elections.” Arya Seta Wiriadipoera, managing director of Napindo Media Ashatama, noted that elec- tions always made for uncertain political situa- tions which could bring about travel advisories against Indonesia. Despite that, Arya remains optimistic that the seven exhibitions Napindo had planned for 2019 would be successful. “The Indonesian market is (highly regarded) and businesses want to profit from it. As such, trade exhibi- tions here are less vulnerable to economic (and political) issues,” he added. While Muhammad Reza Abdullah, president director of Royalindo Expoduta, is seeing weaker business in 2019 compared to 2018, he remains encouraged of good business ahead leading from Indonesia’s successful hosting of the Annual Meeting of the IMF-World Bank in Bali last October. Adding to Indonesia’s inbound business events woes is a cocktail of rising costs and destination competition, said Ida Bagus Lolec Surakusuma, managing director of Pacific World Nusantara, who believes that these will hurt inbound incentives in 2019. “Companies are now tightening budgets while being offered more destination choices. Some budget-conscious clients farther afield are choosing to conduct their incentive pro- grammes closer to home (instead of here in Asia),” he explained. To get around this, he said the Indonesian Ministry of Tourism should focus on develop- ing stronger business event arrivals from near- by Asian source markets. – Tiara Maharani Japan On the back of a solid business events perfor- mance in 2018 and thanks to a raised profile due to the upcoming Rugby World Cup and Olympic Games in 2020, Japan’s outlook for business events in 2019 is very positive. “Interest in corporate meetings and incen- tives in Japan is increasing because of the Rugby World Cup next year, particularly among European markets – most notably the UK – as well as Australia and New Zealand,” said Et- suko Kawasaki, executive director of the Japan Convention Bureau. The Japan National Tourism Organization has recently opened offices in Malaysia, Viet- nam, Thailand and India, which has also had a positive impact on business event visitors to Japan, Kawasaki said. The Indian market has in particular been focusing on Japan, she also added. Lucky Morimoto, president of Tokyo-based Event Services, anticipates continued strong interest from buyers representing large multi- national life insurance companies and direct sales firms with operations in Hong Kong, Singapore, Malaysia, Thailand and China. The positivity surrounding the inbound business events sector is encouraging the New Otani Hotel to cast its eyes beyond the domestic market. “We are particularly interested in attracting MICE visitors from Europe and North America as those travellers (tend to stay in) Japan for a longer period of time,” said Mika Ikegami, senior sales manager for the Tokyo property. – Julian Ryall Macau With the majority (80.7 per cent) of subven- tion applications coming from Asia-Pacific, the Macao Trade and Investment Promotion Institute (IPIM) concluded that global issues such as the China-US trade dispute or BREXIT have little impact on Macau’s inbound MICE performance. Corporate meetings was the strongest performing segment in 2018, followed by as- sociation meetings. An IPIM spokesman expects to see the same picture in 2019, but said the organisa- tion will “constantly monitor the situation”. He added: “If the trade dispute turns long-term, it may affect who does business with who although it may not lead to major downturn in B2B events.” In Macau’s favour is the inauguration of the Hong Kong-Zhuhai-Macao Bridge which is boosting B2B traffic within the Pearl River Delta region as well as “the desire for the cities (there) to work together and explore business opportunities”. “Accessibility to Macau from Hong Kong airport is now 24/7 with the link bridge in place. This enhances our capacity to stage large-scale events,” said the spokesman. Stakeholders like Sands China is projecting a buoyant 2019 for meetings and events. Vice president of sales, Stephanie Tanpure, noted that the average size of events is growing. “At Sands Resorts Macao, we are particu- larly optimistic about the anticipated growth in MICE over the next two years and we remain hopeful to increase our market share across key source markets including China, Taiwan, Japan, Korea, South-east Asia, the US and Australia. In 2019, Sands Resorts Macao will