Southeast Asia tours are back on track, data says.
In the first nine months of 2016 DF&TR sales in Asia Pacific grew 11.5% yoy driven by huge growth in the beauty category, revealed the TFWA President, Erik Juul-Mortensen yesterday morning at the China’s Century Conference in Guangzhou.
Juul-Mortensen talked about the importance and hope for sustainable economic growth in China; where the GDP is now forecast to grow 6.5% in 2017, slightly down from the 6.7% recorded in 2016. He talked about the expanding middle class in China as well as the huge investments in airports and aviation. [Read more…] about Southeast Asia tours back on track