ATM 2024 will showcase the latest trends in luxury travel

ATM 2024 will showcase the latest trends in luxury travel

The put up ATM 2024 will showcase the latest trends in luxury travel appeared first on TD (Travel Daily Media) Brand TD.

The Middle East’s luxury travel market is evolving quickly, extending past opulent experiences to include heritage, innovation and sustainability. Tourism specialists from round the globe will shine a highlight on the sub-theme of luxury at Arabian Travel Market (ATM) 2024, which will happen from Monday 6 to Thursday 9 May at Dubai World Trade Centre (DWTC).

High-spending travellers are prepared to pay additional for experiences that don’t detrimentally affect the communities or ecosystems in which they’re positioned, in line with YouGov’s Global travel & tourism whitepaper 2023: Luxury travel post-pandemic. More than three-fifths (61%) of UAE residents say they’re prepared to pay a premium for accountable, eco-friendly and sustainable tourism experiences, demonstrating that customers not see the luxury phase as being restricted to indulgence.

With manufacturers resembling Kerzner International’s Atlantis The Palm, Mandarin Oriental Dubai (BVI) Limited, Jumeirah International LLC, Air Charter Service, Hyatt International, Mayfair Jets, Minor Hotel Group, Nirvana Holding, The Leading Hotels of the World and Desert Gate Tourism having already confirmed their attendance, ATM 2024 will welcome a various choice of luxury travel exhibitors from throughout the Middle East and past. The exhibition will present a really perfect discussion board for attendees from each nook of the globe to discover the shifting panorama of luxury travel, together with future trends and improvements, entrepreneurial drivers and alternatives for progress.

Danielle Curtis, Exhibition Director, Arabian Travel Market, mentioned: “By incorporating luxury travel as a sub-theme at ATM 2024, we are aligning our event with the future of travel. This segment will act as a lens through which we can view not only extravagant experiences but also eco-conscious choices, cultural preservation, and cutting-edge technologies. ATM embodies a vision where indulgence harmonises with ethics, setting a new standard for the travel industry.”

The worth of the international luxury travel sector stood at an estimated $1.28 trillion in 2022, in line with figures from Grand View Research. The market is predicted to witness a compound annual progress charge (CAGR) of seven.7% throughout the interval 2023-30. This upward development is mirrored in the Middle East, the place the majority of respondents from each the UAE (74%) and KSA (69%) instructed researchers from Marriott Bonvoy that they had been planning to spend extra on their holidays in 2023 in comparison with earlier years.

Innovation can also be performing as a significant driver inside the luxury travel phase. Technologies resembling digital actuality (VR) and augmented actuality (AR) are revolutionising the approach guests preview locations, motels and actions earlier than reserving, whereas synthetic intelligence (AI) and massive information are facilitating more and more personalised suggestions, tailor-made experiences and anticipatory companies for high-net-worth travellers.

“The Middle East has maintained and strengthened its reputation as a global hub for luxury tourism and travel over the past 12 months,” Curtis added. “It has been exciting to see this segment evolve throughout the region as national leaders have continued to invest in the development of luxury tourism infrastructure in a bid to drive economic diversification. ATM 2024 will provide an environment in which to examine these trends in greater detail, and I cannot wait to hear what valuable insights delegates have to offer.”

In line with its theme, ‘Empowering Innovation: Transforming Travel Through Entrepreneurship’, the 31st version of ATM will as soon as once more host policymakers, business leaders and travel professionals from throughout the Middle East and past, encouraging them to forge new relationships, trade data and determine improvements that may reshape the future of worldwide travel and tourism. From startups to established manufacturers, the upcoming present will spotlight how innovators improve buyer experiences, drive efficiencies, and speed up progress in direction of a net-zero future for the business.

Building on ATM 2023’s ‘Working Towards Net Zero’ theme, environmentally accountable travel will symbolize one other key focus subsequent yr. Informed by the UAE’s Year of Sustainability and the 2023 United Nations Climate Change Conference (COP28), which will happen in Dubai from tomorrow 30 November, ATM 2024 will discover how innovation might be leveraged to assist obtain the UN Sustainable Development Goals (SDGs), making a greener travel and tourism sector for future generations.

More than 40,000 travel commerce professionals, together with 30,000 guests, attended the 30th version of ATM in May 2023, setting a brand new present file. The exhibition attracted greater than 2,100 exhibitors and representatives from over 155 nations, offering a worldwide platform for unveiling ATM’s net-zero pledge.

Held in conjunction with Dubai World Trade Centre, ATM 2024’s strategic companions embrace Dubai’s Department of Economy and Tourism (DET), Destination Partner; Emirates, Official Airline Partner; IHG Hotels & Resorts, Official Hotel Partner; and Al Rais Travel, Official DMC Partner.

 

The put up ATM 2024 will showcase the latest trends in luxury travel appeared first on Brand TD.


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