TTGmice Publications February/March 2019 | Page 17

TTGmice February/March 2019 • 15 exhibitions and incentive groups have been confirmed for the venue in 2019, including the 35 th ASEAN Summit. For the new year, TCEB is expecting a five per cent increase in overseas MICE arrivals and a similar five per cent increase in revenue. – Karen Yue Vietnam Desaru Coast in Johor, Malaysia to incorporate Hallyu elements into business event programmes by way of sponsorship of K-pop concerts, souvenirs, and more. Kim added: “We recently signed an MOU with global hotel chains to conduct partner marketing and create new demand.” Source markets that will get KTO’s attention in 2019 are Vietnam, Thailand and Indonesia, as well as Russia and Western Europe farther afield. – Karen Yue Thailand The Thailand Convention and Exhibition Bureau (TCEB) recorded 1,255,985 overseas MICE arrivals in 2018, which for Nichapa Yoswee, senior vice president – business, is a “remarkable increase” of 19.9 per cent. These travellers generated revenue of around 95.6 billion baht (US$2.9 billion) – an 8.1 per cent rise over 2017’s performance. TCEB secured 14 conference bids, 10 mega meeting and incentive groups (each with 2,000 to 20,000 pax), and eight new trade- shows in 2018. Clearly, the corporate incentive sector continues to be Thailand’s strongest performer, growing by 35.9 per cent in 2018, with China being the prime source market. Nichapa attributed the robust corporate in- centive performance to Thailand’s introduction of fast-entry online visa system for travellers from 20 countries, including China, as well as a slew of new tourism products. In late- 2018, Bangkok debuted the ultra-glamorous shopping complex ICONSIAM along the Chao Phraya River, and King Power Mahanakhon tower which houses Thailand’s highest obser- vation deck at 314m above ground. In Pattaya, Nongnooch International Con- vention and Exhibition Center was launched in 2017 and showed off its capability in 2018 by hosting a 10,000-pax Chinese incentive group, and the Miss Universe 2018 national costume competition. Further boosting Thailand’s appeal for business events is TCEB’s Thailand: REDEFINE Your Business Events campaign, launched in 3Q2018 to strengthen collaboration with global event strategists to make their events in Thailand exceptional, noted Nichapa. Also turning in a good performance report is IMPACT Exhibition Management, the company behind Bangkok’s massive IMPACT Muang Thong Thani convention and exhibi- tion venue. Loy Joon How, IMPACT general manager, said the venue hosted over 100 in- ternational business and entertainment events in 2018, including the widely-covered Miss Universe 2018 finals. Loy is optimistic about 2019’s performance, encouraged by Thailand’s relative affordability compared to other destinations, easy access, availability of first-class venues and strong gov- ernment support. Several international trade ASIAN APPETITES China Domestic business events demand to and from Shanghai in 2019 is expected to be stronger compared to Beijing and developments in southern China – such as the opening of the Hong Kong-Zhuhai-Macau Bridge and the US$3.9 billion mega Shenzhen International Convention and Exhibition Center – are expected to spur business and growth op- portunities. Kin Qin, deputy general manager, Century Holiday International Travel Group, said Shang- hai continues to add new international air links, and there are plentiful domestic and overseas access choices to and from the city. Julien Delerue, founder and CEO of 1000meetings, said domestic MICE demand for Shanghai is very strong and hotels rates are getting higher, which is a positive sign the market is doing well. The technology sector and companies such as Alibaba, Huawei and Tencent, continue to drive demand, according to Sam Braybon, Shanghai ambassador, The Bespoke Travel Company, and the company is looking to ex- tend its product range to Shenzhen to support business in the sector. Meanwhile, 10-year-old 1000meetings, an RFP technology platform, recently set up a team to address the overseas outbound mar- ket, Delerue commented. “The company has signed a partner- ship deal with Shangri-La worldwide, other international brands and independent hotels to raise their visibility in China,” he added, with increasing outbound MICE groups as the target for its second phase. – Caroline Boey Minister of Culture, Sports and Tourism, Nguyen Ngoc Thien, said developing the country’s business events industry is a main priority for 2019 as investments into improved infrastructure and new products start to pay off. The ministry will focus on further develop- ing business events capability mainly in Ho Chi Minh City, Hanoi, Danang and Nha Trang. The incentive and conference sectors are expected to be the strongest performing in 2019, with meetings and exhibitions now booked directly through hotels. Sandor Leinwand recte Rein, general manager of EXO Travel Vietnam, said incen- tive travel makes up about 70 per cent of the agency’s business events bookings, with the remainder being group meetings. Linh Le, ASIA DMC group director, added: “MICE is no longer limited to meetings and conferences. Several corporates are now requesting DMCs plan meetings in locations where guests can extend to enjoy a well- earned holiday with their spouse or family.” While regional markets continue to domi- nate, Le said there is potential for growth from India, Australia, Turkey, Russia and China. Brexit is expected to impact business from the UK, while the Spanish market is projected to be sluggish due to increased competition from Europe and Africa. Sheraton Danang Resort general manager Frank Bochmann noted a rise in regional de- mand, such as from Thailand, Singapore and Hong Kong. He said: “People are now looking for somewhere new and Vietnam is an attrac- tive alternative. They are tired of Phuket and Koh Samui.” – Marissa Carruthers Hong Kong Business event players in Hong Kong are brac- ing for weakened demand in 2019, resulting from a global economic downturn and the US-China trade war. Karen Cheng, director of BCD Meetings & Events Hong Kong, has estimated a downward trend in business for 2019 over 2018. Rosanna Leung, head of MICE & busi- ness development, Towa Tours, echoed the expectation, saying that the Hong Kong market will likely respond with budget cuts. Further challenges will come in the form of increased presence of global business event players who compete with Hong Kong-based outbound events agencies. When asked for predictions of top perform- ing market segments, Cheng pointed to insurance companies which will maintain a hearty appetite for Japan, South Korea and Bangkok – destinations close to Hong Kong that also charm with good food as well as