Projected boom in Asia travel by seniors, female business executives
Published on Jan 29, 2013 6:52 PM
SINGAPORE (AFP) - Asia's tourism industry must prepare for major changes in the next 20 years, including a projected boom in travel by senior citizens and female business executives, a study said on Tuesday.
The days when Asians toured in large groups are disappearing, according to the study commissioned by tourism technology provider Amadeus, resulting in the industry being fragmented into niche markets.
"Significant new traveller segments will emerge, such as the female business traveller, the small business traveller and the senior traveller, all of which have different aspirations and requirements from the travel experience," it said.
One of the fastest growing segments is travel among those over 65 as Asia's population ages.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!