{"id":243113,"date":"2024-10-10T06:15:00","date_gmt":"2024-10-09T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=243113"},"modified":"2024-10-09T17:32:09","modified_gmt":"2024-10-09T10:32:09","slug":"ite-2025-taps-the-gba-travel-market","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2024\/10\/ite-2025-taps-the-gba-travel-market\/","title":{"rendered":"ITE 2025 taps the GBA travel market"},"content":{"rendered":"\n<p>HONG KONG, 10 October 2024: Hong Kong&#8217;s outbound travel rebound is both strong and fast \u2014 residents in 2023 spent USD22.7 billion on outbound travel and made 72.2 million departures, respectively 84% and 77% return to pre-pandemic level says the organiser of the ITE Hong Kong travel show.&nbsp;<\/p>\n\n\n\n<p>The ITE Hong Kong 2024 wrap-up survey noted that during the first eight months of 2024, Hong Kong residents made 67.6 million departures, up 58.4% over 2023! With pre-pandemic annual spending of USD26 billion on outbound travel, Hong Kong often ranked among Asia&#8217;s top four markets.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"600\" height=\"308\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/10\/4-4-600x308.jpg\" alt=\"\" class=\"wp-image-243114 lazyload\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/10\/4-4-600x308.jpg 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/10\/4-4-300x154.jpg 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/10\/4-4-696x357.jpg 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/10\/4-4.jpg 753w\" data-sizes=\"(max-width: 600px) 100vw, 600px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600\/308;\" \/><figcaption class=\"wp-element-caption\">ITE Hong Kong 2024 held over 80 travel seminars on two public days of the show, covering five continents and attracting over 8,500 attendees.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>ITE 2024 drew 515 exhibitors during the two show trade days and attracted 7000 buyers and trade visitors. Over 70% of the trade visitors came from the Greater Bay Area, which includes Hong Kong SAR, Macau, and China&#8217;s top cities such as Shenzhen and Guangzhou. In 2023, the GBA had a combined GDP of USD1.97 trillion and a population of 86 million.<\/p>\n\n\n\n<p>ITE&#8217;s two public days tagged on the end of the trade-only days attracted 63,000 travel consumers, mainly FITs. The ITE survey found that in the first half of 2024, nearly 45% booked outbound holidays three times or more, and that trend continued during the second half of 2024. Other survey findings showed travel bookings at the ITE 2024 were well-educated, with 51% having a university education and 60% saying they intended to increase their travel spending.&nbsp;<\/p>\n\n\n\n<p>ITE 2024 drew 515 exhibitors during the two show trade days and attracted 7000 buyers and trade visitors. Over 70% of the trade visitors came from the Greater Bay Area, which includes Hong Kong SAR, Macau, and China&#8217;s top cities such as Shenzhen and Guangzhou. In 2023, the GBA had a combined GDP of USD1.97 trillion and a population of 86 million.<\/p>\n\n\n\n<p>ITE Hong Kong 2025 will co-locate with the 39th ITE (Leisure) and 20th ITE MICE from 12 to 15 June in five halls at the Hong Kong Convention &amp; Exhibition Centre. The format offers two days for the trade and another two days for travel consumers. It is a proven platform for reaching trade visitors from China\u2019s Greater Bay Area (The Bay) and Hong Kong&#8217;s premium FIT travellers.<\/p>\n\n\n\n<p>Organised by TKS Exhibition Services Ltd ITE is supported by the Ministry of Culture and Tourism of the People&#8217;s Republic of China. Hong Kong Tourism Board is one of its core supporters.&nbsp;<\/p>\n\n\n\n<p>The exhibition has set the rent for raw booth space once more at the same price as in 2019 to boost tourism recovery.<\/p>\n\n\n\n<p><em>(SOURCE TKS Exhibition Services Ltd).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, 10 October 2024: Hong Kong&#8217;s outbound travel rebound is both strong and fast \u2014 residents in 2023 spent USD22.7 billion on outbound travel and made 72.2 million departures, respectively 84% and 77% return to pre-pandemic level says the organiser of the ITE Hong Kong travel show.&nbsp; The ITE Hong Kong 2024 wrap-up survey [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":243114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[231,26],"tags":[],"class_list":{"0":"post-243113","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-events","8":"category-hong-kong"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ITE 2025 taps the GBA travel market - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2024\/10\/ite-2025-taps-the-gba-travel-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ITE 2025 taps the GBA travel market - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, 10 October 2024: Hong Kong&#8217;s outbound travel rebound is both strong and fast \u2014 residents in 2023 spent USD22.7 billion on outbound travel and made 72.2 million departures, respectively 84% and 77% return to pre-pandemic level says the organiser of the ITE Hong Kong travel show.&nbsp; 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