News

Tourico Holidays reports boom in Asia Pacific hotel bookings

Hotelbeds-owned wholesaler Tourico Holidays has reported a 93% increase in Asia Pacific hotel bookings in 2017 over the previous year.

Indonesia  saw the highest annual growth, with bookings up 111% in 2017, China was on 88%, Singapore 79%, Malaysia 78%, Australia 63%, and Thailand 39%.

Tourico said growth is being driven by nearly every international source market including the US which was up 46%, Canada, up 98%, South America 64%, Europe 96%, and the UK 95%.

Domestic travel within Asia-Pacific also grew significantly, increasing by 107% in 2017.

Hillary Wang, regional director of product development in North Asia for Tourico Holidays, said: “The Asia-Pacific travel market has advanced at an unprecedented rate in 2017 – and there are no real signs of a slow-down.

“Travel suppliers serving the Asia-Pacific market should expect consistent, diversified demand to countries throughout the region.”

As the demand for Asia-Pacific rises Tourico said it has added local rooms to its inventory and in 2017 increased its number of APAC hotel partners by 40%.

Wang added: “With travellers from all of the primary source markets booking product in Asia-Pacific, our network of distribution clients can be confident that Tourico will continue to add a diversified portfolio of hotels throughout the market.”

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.