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Travel demand for Asia Pacific to grow by 46 each year until

first_imgTravel demand for Asia Pacific to grow by 4.6% each year until 2020International visitor demand into the Asia Pacific region is forecast to grow at an average rate of 4.6 percent each year to reach in excess of 657 million by 2020. This is the top line prediction contained within the Executive Summary Report of the PATA Asia Pacific Visitor Forecasts 2016-2020 released today.Covering 38 key destinations within the Asia Pacific region, these annual PATA forecasts are well regarded for their overall accuracy and reliability in terms of highlighting shifts and trends in international visitor demand for travel in and across the region.According to Mr. Mario Hardy, Chief Executive Officer of the Pacific Asia Travel Association (PATA), “Actual foreign arrival numbers into Asia Pacific at the aggregate level have been within two percent of predictions made in the last few PATA forecasts, so we know that the numbers are realistic, reliable and valid.“In addition, this last series of predictions again highlights the rapidly approaching need for aggressive and appropriate visitor management processes to be installed and operational before we literally destroy our destinations with our love and desire to interact with them.”Asia will continue to increase its relative dominance of foreign arrivals into the Asia Pacific region through to 2020, increasing its relative share of these arrivals from 72 percent in 2015 to better than 73 percent by 2020. This, at a time when the absolute volume of arrivals into Asia Pacific generally is predicted to rise from 528 million to 647 million over the same period.Southeast Asia will continue with its dramatic rise in foreign arrivals, improving its relative share from just under 20 percent in 2015 to around 22.5 percent by 2020, when it will rival the share of the Americas at that time (22.6%).Asia will also continue to generate more international arrivals into Asia Pacific, increasing its count from 355 million visitors in 2015 to around 448 million by the end of this decade. That will see the Asian component of arrivals into Asia Pacific – as defined in this summary report – increase from 66 percent (2015) to over 68 percent by 2020.However, it is Northeast Asia that remains the workhorse for Asia Pacific, generating an expected 333 million international arrivals into the region in 2020 – more than half of the total foreign inbound volume expected in that year.Intra-regional flows will continue to remain strong for most of the Asia Pacific regions, but across the region, the influence of the Asian source market is undeniable and will only grow stronger, at least in the majority of cases.The Americas and Europe will continue to play important roles in Asia Pacific travel and tourism, not just in the volume of arrivals they each generate but also in terms of additional metrics that they bring to the sector – more for some destinations than others, but still significant none the less.The Americas itself is expected to generate around 113 million arrivals into the Asia Pacific region in 2020 driven largely by North America which will contribute close to two-thirds of that volume in its own right.The 47 million arrivals from Europe expected in 2020 will come from firstly West Europe (19.5 million) but also by North Europe (14.7 million) – together, these two origin sub-regions will generate close to two-thirds of the total arrivals from Europe by the end of the forecast period (2020).Mario Hardy added, “The predictions are positive but there will be some substantive changes in origin market structure into a number of destinations. Forewarned is forearmed.” Pacific Asia Travel AssociationSource = Pacific Asia Travel Associationlast_img read more

New York New York – Reported by Elite Traveler t

first_imgNew York, New York – Reported by Elite Traveler, the private jet lifestyle magazineSignature Flight Support, the world’s leading fixed base operations (FBO) network, announces today the purchase of all of the assets of Tropical Aviation Corporation of San Juan, Puerto Rico. The Tropical Aviation facility is located at Isla Grande – Fernando L. Rivas Dominicci Airport (TJIG) in downtown San Juan, Puerto Rico and expands Signature’s footprint into the Caribbean.Isla Grande (TJIG) is the business and general aviation (BG&A) airport for San Juan and features a dedicated U.S. Customs and Border Protection facility for BG&A aircraft, drawing International flights from South America and the Caribbean en route to the United States. Luis Munoz Marin International Airport (TJSJ) airport, the main commercial airport has no dedicated general aviation facility, making TJIG convenient for the BG&A customer. TJIG is located within minutes of premier hotels, casinos, beaches, museums, fine arts theaters and historic Old San Juan. Major highways, the new Puerto Rico convention center and the cruise ship terminals are minutes away.The new Signature Flight Support location is situated on the south side of TJIG. The fixed base operation is comprised of a new, state of the art complex including 29,000 sq. ft. of hangars and shade ports, a 6,900 sq. ft. executive terminal and offices all situated on 3.9 acres.Signature Puerto Rico will provide 24/7/365 service for general aviation and commercial into-plane fueling; parking; pilot lounge; pilot quiet/nap room with shower facilities; flight planning room; computerized weather systems; air-to-ground communications; crew transportation and accommodations arrangements; executive meeting room; Signature QuickTurn® service; crew and rental cars; and custom catering.“Signature Puerto Rico represents a significant step in our continuing effort to expand our global network and to provide world-class flight support services in as many locations as possible for our customers,” stated S. Michael Scheeringa, President, Signature Flight Support. “As an important gateway between Latin America and the U.S. mainland, Puerto Rico is perfectly positioned for technical stops and provides the opportunity to clear U.S. Customs and Border Protection before continuing on to any point in the continental United States.”“Our experience during the transaction was excellent. The owners, Fidel Alonso Valls and Francisco Rivera, have developed an exceptional facility and we are grateful for their partnership throughout the acquisition process. The staff at the facility were gracious and accommodating and we welcome them to the Signature family,” stated Scheeringa.Port Authority Director, Alberto R. Escuerdo-Morales stated: “We are pleased to see the arrival of Signature Flight Support at Isla Grande Airport in San Juan. Our strategy to revitalize Isla Grande as the preferred business and general aviation airport in San Juan is further solidified with Signature’s presence. In our continuing efforts to stabilize our economy through investments from the private sector, we are elated that this company has chosen Puerto Rico as a premier location for their growth strategy. We look forward to work with Signature Flight Support in the years to come.”Signature will offer the complete suite of customer benefits in Puerto Rico including Signature Status®. With point to point access from Puerto Rico to Signature’s over 50 U.S. locations, customers will enjoy personalized service available only in the world’s largest FBO network. Signature’s wide range of custom fuel purchasing options will also be available to customers visiting Signature Puerto Rico.www.signatureflight.comlast_img read more