Tag Archives: ATM

ATM 2024’s sold-out Travel Tech space will be 56% bigger than last year with 33% more exhibitors participating this year, thanks to unprecedented demand from companies looking to showcase their innovations in front of a global audience. More than 100 of the world’s leading travel technology companies will be exhibiting at Arabian Travel Market (ATM) 2024, which will take place at Dubai World Trade Centre (DWTC) in the UAE from Monday 6 to Thursday 9 May. Sponsored by Sabre, the ATM Future Stage – formerly known as the Travel Tech Stage – will host over a hundred expert speakers from across the global travel and tourism industry, plus a diverse selection of cutting-edge innovations designed to improve efficiency and profitability within the sector. Delegates will explore how advanced tech can be leveraged to drive improvements across a range of segments, including payment, professional development, accessibility, sustainability and more. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “My colleagues and I are delighted to introduce the ATM Future Stage, which will harness the ever-increasing levels of innovation our industry is witnessing while building on the long-standing success of our Travel Tech offering.” The global travel technology market was valued at $9.4 billion in 2022 and is projected to reach $21 billion by 2032, according to Allied Market Research. The ATM Future Stage will host a selection of presentations and sessions designed to highlight opportunities within this space. These include; Navigating the Future: A Futurist’s Prediction, Strategic Capabilities and Implications of AI within Business, Putting the Traveller First with AI and Unlocking the Value of Travel: Harnessing Technology for Enhanced Traveler Journeys, which will be held in association with Amadeus. This …

Indian outbound market forecast to be worth $143.5 billion annually by the end of this decade, the Indian tourism sector will come under the spotlight during Arabian Travel Market (ATM) 2024, which returns to the Dubai World Trade Centre (DWTC) for its 31st edition from 6-9 May. According to a report by booking.com and McKinsey, 70% of Indians travelling overseas choose nearby destinations, with one-third choosing destinations in the Middle East. The UAE is the top regional destination, followed by Saudi Arabia. According to the DET, India is Dubai’s top source market, with 1.9 million visitors in the first 10 months of 2023. Saudi Arabia is aiming for 7.5 million visitors by 2030. To illustrate the sheer size and potential growth of India’s overall outbound market, prior to the pandemic in 2019, Indians made 26.9 million overseas trips; the report predicts that by 2030, that number could increase to 50 million departures. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “The boom in outbound travel from India is being driven primarily by the growing middle class. In 2020, only 37 million households had annual income between $10,000 and up to $35,000, but due to India’s rapid economic growth, by 2030 that number will rise significantly to 177 million households. “More specifically, households earning over $35,000 per annum will also increase from two million in 2020 to 13 million by 2030, a sixfold increase! “And with India’s median age being just 28 years, it’s little wonder that the UNWTO recognises India as one of the top three fastest-growing outbound markets in the world. By 2030, India’s total travel expenditure will be valued at $410 billion. “Putting that into perspective, prior to …

Generation X, those people born between 1965 and 1980 – are leading the significant growth in outbound travel from the GCC countries, according to findings by New York headquartered Research Nester. The report highlights numerous reasons why this generation has a dominant share of the GCC’s outbound market, particularly in the UAE and Saudi Arabian markets. The GCC outbound market is forecast to grow exponentially over the next five years, driven by Gen X travellers, according to recent research, says Arabian Travel Market (ATM) which takes place from 6-9 May at the Dubai World Trade Centre. Commenting on the report, Danielle Curtis, Exhibition Director, Arabian Travel Market said, “Within an age range of approximately 43 years to 58 years, many Gen Xers hold senior positions within companies and as such tend to travel overseas regularly on business trips. “In addition, with responsibility comes reward and therefore many have high earning potential and disposable income. Many successful entrepreneurs at this stage in their careers also have built significant wealth and can afford to travel frequently. “Many industry commentators are focused on Millennial and Gen Z travelers, but it is perfectly logical that Gen X would dominate the GCC outbound market value given the region’s demographics, particularly expatriate senior management.” Members of Gen X are also changing their lifestyles, with considerable numbers now looking for a more sustainable work life balance. This often means spending more leisure time with their families, including holidays and combining business with leisure, which is significantly growing the bleisure segment of travel. To illustrate these points, Gen X will be responsible for $11.1 billion, 41% of Saudi Arabia’s total outbound market value of $27 billion by 2028 …

Arabian Travel Market (ATM) announced a strategic partnership with the International Congress and Convention Association (ICCA) and the Global Business Travel Association (GBTA) for the upcoming edition of the event, which takes place from 6-9 May 2024 at the Dubai World Trade Centre. The renowned global organisations have been appointed as ‘Knowledge Partners’ for the regional trade show, providing in-depth insights and opportunities for the thriving segments of business events and travel. According to the ICCA statistical forecast, which charts the history and performance of the International Association Meetings Industry from 1963 to 2022, 10,602 business events were recorded worldwide last year, of which 9,009 (85%) were in-person. This represented an astounding 349% increase from the previous year when only 2,007 in-person events occurred. Interestingly, the Middle East accounted for the highest percentage of in-person delegates (94%) in last year’s official figures. The business travel industry is also experiencing significant growth, as evidenced by statistics from the 2023 GBTA Business Travel Index™ Report, which found that the global business travel industry rebounded faster than expected in 2023. Pent-up demand following the pandemic and healthier economic conditions than forecasted were highlighted as significant contributing factors for this shift. The report also stated that global business travel spending rose by 47% to $1.03 trillion last year and is expected to grow to nearly $1.8 trillion globally by 2027. Danielle Curtis, Exhibition Director, Arabian Travel Market, said: “All of the latest research suggests that the business events and business travel sectors are going from strength to strength. These sectors have always been important verticals at ATM, and the official partnership with ICCA and GBTA for the 2024 edition will take our offering to …

Arabian Travel Market has unveiled its next theme: ‘Empowering Innovation: Transforming Travel Through Entrepreneurship.’ The 31st edition of the show will take place at Dubai World Trade Centre (DWTC) from Monday 6 to Thursday 9 May 2024. Over the last 15 years, the travel and tourism industry has secured only 1 percent of total funding for startups across all industries, according to analysis from McKinsey. This is despite the fact that the sector accounted for more than 10 percent of global GDP in 2019. With exhibitors from the fields of aviation, accommodation, hospitality, attractions, technology and more, ATM 2024 will explore how innovators in the travel and tourism space are working to attract greater levels of funding to further increase the sector’s overall contribution to global GDP. The 31st edition of ATM will once again host policymakers, industry leaders and travel professionals from across the Middle East and beyond, encouraging them to forge new relationships, exchange knowledge and identify innovations with the potential to reshape the future of global travel and tourism. From startups to established brands, the upcoming show will highlight how innovators are enhancing customer experiences, driving efficiencies and accelerating progress towards a net-zero future for the industry. Danielle Curtis, Exhibition Director, Arabian Travel Market, said: “The Middle East’s travel and tourism sector has demonstrated impressive resilience and growth in recent years, but we must continue to innovate and adapt in order to achieve the industry’s long-term goals. Thanks to ATM 2024’s theme, ‘Transforming Travel Through Entrepreneurship’, we have a golden opportunity to showcase expert insights, cutting-edge technologies and commercial opportunities with the potential to completely reshape the sector.” Building on ATM 2023’s theme of ‘Working Towards Net …

More than 40,000 people – including 30,000 visitors – attended the 30th edition of Arabian Travel Market (ATM), which concluded last week in Dubai, UAE. This not only represents a year-on-year increase of 29% in attendees compared to 2022, it also represents a 5% increase over 2019, establishing a new record for the show, demonstrating that the Middle East’s travel and tourism sector is booming. In line with ATM 2023’s theme, ‘Working Towards Net Zero’, more than 2,100 exhibitors and representatives from over 150 countries gathered at Dubai World Trade Centre (DWTC) to explore how the industry can ensure sustainable travel for future generations. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “My colleagues and I are thrilled that so many tourism professionals were able to join us in Dubai to celebrate the 30th edition of the show and shine a spotlight on our sector’s ongoing journey to net zero. The fact that we witnessed record attendance at ATM 2023 is extremely encouraging and a strong indication that the Middle East’s travel industry is once again in excellent shape.” To mark three decades of ATM, there were a number of special events on the agenda during the four-day exhibition. Hilton won the inaugural Sustainable Stand Award. Selected by an independent panel of judges, the hospitality brand was chosen for its decision to use a local supplier in the creation of its stand as well as its commitment to repurposing materials as much as possible over the coming three years. Hilton also used a carbon calculator to measure the carbon footprint associated with its involvement in the show and has taken steps to mitigate this output. The prestigious Pearl Award was …

Holiday Factory announced the launch of its new brand, “Holiday Factory Premium”, at the highly anticipated event, Arabian Travel Market 2023 last week. “The UAE market has a unique demographic landscape with an exponentially growing expat population. The region has experienced rapid economic growth, which has resulted in an increase in the disposable income of its residents. Which in turn has created a surge in demand for Premium holidays,” – says Namrata Bhatia, Director of Marketing at Holiday Factory. “Research of the UAE market suggests that 1/3rd of the population is seeking premium holidays and is underserved with all-inclusive packages at the right price”, – says Sandra Daemmrich, General Manager. After successfully serving the UAE middle-class segment with unbeatably priced holiday packages, Holiday Factory is now set to reshape the “Premium” outbound travel industry with its exciting selection of popular & unexplored destinations such as Switzerland, Italy, Maldives, Northern lights of Scandinavia with an Ice Igloo experience and many others. Holiday packages include direct flights with all local airlines such as Emirates, Etihad, Flydubai and others, as well as reputed international airlines, and premium hotels, transfers, insurance, and curated daily expert-guided tours – to allow UAE residents truly experience the destination the Premium Way! Customers can choose to travel in a small group of like-minded travellers for a more affordable option or travel privately for the ultimate exclusive experience. “73% of Premium holiday seekers residing in the emirates are looking for all-inclusive holiday packages, and 95% of those end up booking by themselves. It’s a long, tedious process of endlessly researching and creating a self-itinerary which ends up being expensive,” said Ekaterina Malikova, Product Manager at Holiday Factory Premium. “As …

Big data is having a transformative effect on hospitality across the Middle East and beyond. However, leading hoteliers speaking on the opening day of Arabian Travel Market (ATM) 2023, which will run at Dubai World Trade Centre (DWTC) until Thursday 4 May, emphasised that human intervention remains essential if owners and operators wish to derive genuine value from the information being gathered. ‘Hospitality Debate: What More Can Big Data Unlock?’ featured a range of expert insights into the power of data to improve guest experiences within the Middle East’s hospitality sector. Moderated by Paul Clifford, Group Editor – Hospitality & Design at ITP Media Group, the session saw Chris Hartley, CEO of Global Hotel Alliance; Tommy Lai, Chief Executive Officer at General Hotel Management Pte Ltd; Sandeep Walia, Chief Operations Officer – Middle East at Marriott; and Nicolas Huss, CEO of Hotelbeds, take to the ATM Global Stage to share their views. Commenting on advancements in the hospitality sector’s data capabilities over the past decade, General Hotel Management Pte Ltd’s Lai said: “It used to be you’d need a lot of people for analysis, but now, you can collect data and AI will decipher it for you. Big data and AI are evening the playing field between small groups and larger brands.” Speaking on the importance of interpretation, Marriott’s Walia said: “This technology can help guests to narrow down the hotels they would like to stay in,” noting that big data – when used in combination with AI – can help to identify the best options for customers. “But ultimately, guests have to connect with us to make the booking, so the balance between AI and the human touch is …

Cruise Saudi will join global travel professionals to consider the future of the travel and tourism industry and create business opportunities during the four-day showcase. This year’s Arabian Travel Market (ATM), held at Dubai’s World Trade Centre, has seen a 27% YOY rise from 2022 in exhibitor participation making it the largest professional tourism event in the region. Speaking ahead of ATM, Cruise Saudi’s CEO, Lars Clasen said: “Arabian Travel Market is the leading international travel and tourism trade event in the GCC. Cruise Saudi is confident in unlocking further business potential throughout our participation and we look forward to being present alongside leading industry stakeholders and peers.” Cruise Saudi’s objective is to contribute to Saudi’s tourism industry growth through attracting 1.3 million cruise passenger visits by 2035, in line with Vision 2030’s plan to increase total GDP from the tourism sector to 10%.  Mr. Clasen confirmed that he was excited to showcase Cruise Saudi’s rapid growth and how it supports Saudi’s position as a prominent new tourism destination. “Saudi offers superior connectivity to the rest of the world – approximately 250 million people in Europe, Asia and Africa, live within a three-hour flight from the Red Sea or Arabian Gulf.” “Cruise Saudi has been spearheading the development of a fully integrated, world-class cruise industry in the country,” Mr. Clasen continued. Since the company’s launch in 2021, Cruise Saudi has completed two successful cruising seasons and is more than halfway through its third season, opening areas of Saudi previously untouched by international tourism. Mr. Clasen outlined Cruise Saudi’s expansion plans adding: “With the support of the government and our partners, we have been able to develop three ports – Jeddah …

Rezlive, Turning Point and TravTalk Middle East will be hosting a networking evening in Dubai on 2nd May for the agents who will be making their way to the Arabian Travel Market this year. As the world meets for the first time after many bumpy years, these three key partners have joined together to ensure that the travel trade could experience excursions such as dune bashing, exotic belly dancing, fire show ending with a gala dinner on the sands of the desert in Dubai.