Asian tourism industry should get prepared for niche travelers: study
AFPSINGAPORE -- 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 Tuesday.
January 30, 2013, 12:03 am TWN
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.
One of the fastest growing segments is travel among those over 65 as Asia's population ages.
More female business executives are also traveling as many Asian women rise on the corporate ladder, said the study which covered Australia, China, India, Indonesia, Japan, Singapore and South Korea.