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NEWS
Asian outbound travel a 'growing trend' in global travel
POSTED 08 Mar 2013 . BY Tom Walker
Asian travellers will account for third of world's travel spend by 2020
The The new kinship economy: from travel experiences to travel relationships report was compiled by hotel giant Intercontinental Hotels and The Futures Company.

It identifies groups of 'new global explorers', travellers from high-growth countries such as China and India. Members of the group are likely to follow well-trodden paths, want to visit all the must-see sights and are high-spenders

The report highlights that Asian travellers are expected to account for one third of the world's travel spend by 2020.

According to the report, there will also be a likely increase in city breaks to as yet 'unknown' cities that few people have yet heard of, or cities that haven't even been built.

Some 400 largely unknown midsize cities in emerging markets - predominantly China and India - are to generate 40 per cent of global economic growth over the next decade and beyond.

Other emerging categories of travellers identified in the report include:

• Evolving families, who represent the changing shape of the family traveller today. At one end of the spectrum the industry is seeing multi-generational families taking over whole floors in hotels whereas at the other end of the scale, the growth of the single person household is driving the need for stimulating independent travel.

• Laptop and latte workers, a new breed of business traveller. Often young, they prefer creative coffeehouse-style environments where they can be inspired by meeting other travellers while they work on their own laptops and smart phones

• Expansive mid-lifers, the growing numbers of adventurous over 50s travellers - currently and for the first time the fastest growing and most affluent age group.

To download the full report in PDF form,
click here for the IHG website
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
+ More news   
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Heritage Great Britain
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RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
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A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
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Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
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23-26 Aug 2026

Elevate Spa Riviera Maya Edition

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Wellness Destination AI Tech Summit – Tourism, Hospitality & Real Estate, 28-29 Sept 2026

Grand Ballroom, METT Singapore, Singapore
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Jobs    News   Products   Magazine   Subscribe
NEWS
Asian outbound travel a 'growing trend' in global travel
POSTED 08 Mar 2013 . BY Tom Walker
Asian travellers will account for third of world's travel spend by 2020
The The new kinship economy: from travel experiences to travel relationships report was compiled by hotel giant Intercontinental Hotels and The Futures Company.

It identifies groups of 'new global explorers', travellers from high-growth countries such as China and India. Members of the group are likely to follow well-trodden paths, want to visit all the must-see sights and are high-spenders

The report highlights that Asian travellers are expected to account for one third of the world's travel spend by 2020.

According to the report, there will also be a likely increase in city breaks to as yet 'unknown' cities that few people have yet heard of, or cities that haven't even been built.

Some 400 largely unknown midsize cities in emerging markets - predominantly China and India - are to generate 40 per cent of global economic growth over the next decade and beyond.

Other emerging categories of travellers identified in the report include:

• Evolving families, who represent the changing shape of the family traveller today. At one end of the spectrum the industry is seeing multi-generational families taking over whole floors in hotels whereas at the other end of the scale, the growth of the single person household is driving the need for stimulating independent travel.

• Laptop and latte workers, a new breed of business traveller. Often young, they prefer creative coffeehouse-style environments where they can be inspired by meeting other travellers while they work on their own laptops and smart phones

• Expansive mid-lifers, the growing numbers of adventurous over 50s travellers - currently and for the first time the fastest growing and most affluent age group.

To download the full report in PDF form,
click here for the IHG website
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
+ More news   
 
COMPANY PROFILES
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
28-29 Sep 2026

Wellness Destination AI Tech Summit – Tourism, Hospitality & Real Estate, 28-29 Sept 2026

Grand Ballroom, METT Singapore, Singapore
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
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