Asia-Pacific sees growth in the meetings and events space: CWT

CTWA report on future trends in the meetings and events space by the CWT Meetings & Events (CWT M&E), a division of global travel management company Carlson Wagonlit Travel, revealed that the overall cost per attendee per day for meetings and events around the globe increased in 2017 and is expected to continue rising next year. Titled as 2018 Meetings and Events Future Trend, the report also looks into regional differences and cost projections, as well as the latest industry trends and top destinations.
According to the report, the cost per attendee per day for meetings and events in Asia Pacific has increased by 5 per cent in 2017, the greatest for any region globally. It stated that the prices are not changing much in Asia Pacific, for either hotels or air fares, with a surge of 3.5 per cent and 2.8 per cent respectively.
The top 10 destinations for meetings & events in Asia Pacific in 2017 as in the report are as follows:
1. Singapore
2. Sydney, Australia
3. Bangkok, Thailand
4. Kuala Lumpur, Malaysia
5. Hong Kong
6. Shanghai, China
7. Melbourne, Australia
8. Tokyo, Japan
9. Mumbai, India
10. Seoul, South Korea