A recent forecast by Standard & Poor, a global leader in financial market intelligence, has predicted that GDP growth within the Gulf region will reach 4.6% in 2013, valuing the GCC economy at $1.5 trillion. These findings are echoed in recent research carried out by Reed Travel Exhibitions, which reported a growing interest from Asian meetings planners in placing outbound business into the Middle East.
Jeffrey Xu, CIBTM Project Manager, Reed Travel Exhibitions commented, “The demand for outbound business from Asia into the Middle East is increasing as Asian meeting planners recognise the business potential that the Gulf region holds.
“Further to this, the responses we received from the IBTM Events research confirmed that 18% of Asian buyers named Dubai as a preferred destination for outbound business. In addition to this, 16% named Egypt, 15% Abu Dhabi, and 7% identified Qatar as a key region for hosting MICE events.”
The IBTM Global Events research, also stated that ‘there are reported to be USD one trillion of infrastructure projects underway in the Middle East with 50% of that in the UAE,’ and that, ‘Dubai has already seen considerable success in attracting international associations conferences with 79 in 2012 according to the Union of International Associations.’
Shane Jameson, Director of Sales for Jabel Ali International, a previous exhibitor at CIBTM said, “CIBTM takes place in the most prolifically fast moving market in the world. We are here for the long term, we would not survive as a destination without the business from China which CIBTM helps us to deliver.”
CIBTM, the China Incentives, Business Travel and Meetings Exhibition, will be hosted this year from 2nd – 4th September at the China National Convention Centre in Beijing. The show provides a gateway for international exhibitors to meet and expand their business into China.
To participate in CIBTM go to www.cibtm.com or contact Simon Young by emailing email@example.com or by phone on +44 (0) 208 910 7070.
Join CIBTM on LinkedIn, Twitter and Facebook.
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Notes to Editors
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CIBTM forms part of the Reed Travel Exhibitions Meetings, Events and Business Travel Portfolio along with AIME (www.aime.com.au), GIBTM (www.gibtm.com), CIBTM (www.cibtm.com) AIBTM (www.aibtm.com) and Business Travel Market (www.businesstravelmarket.co.uk).
CIBTM (www.cibtm.com) is the annual China meetings and incentive exhibition held in Beijing, China.
CIBTM is BPA Audited every year to guarantee that the number of visitors promoted is completely accurate and are unique attendees only.
Reed Travel Exhibitions
Reed Travel Exhibitions (RTE) is the world’s leading provider of exhibitions in the travel and tourism industry. Its wide-ranging portfolio of events around the globe covers leisure travel, luxury travel, meetings, incentives and business travel, as well as golf, ski and spa travel.
The 19 events are; World Travel Market (WTM), World Travel Market Latin America (WTM Latin America), Arabian Travel Market (ATM), International French Travel Market Top Resa (IFTM), International Golf Travel Market (IGTM), International Ski Travel Market (ISTM), International Luxury Travel Market (ILTM), International Luxury Travel Market Asia (ILTM Asia), International Luxury Travel Market Americas (ILTM Americas), International Luxury Travel Market Africa (ILTM Africa), International Luxury Travel Market Japan (ILTM Japan), International Luxury Travel Market Spa (ILTM Spa), Asia-Pacific Incentives & Meetings Expo (AIME) (owned by Melbourne Convention + Visitors Bureau), Global Exhibition for Incentive, Business Travel, and Meetings (EIBTM), Gulf Incentive, Business Travel and Meetings (GIBTM), Americas Incentive, Business Travel and Meetings (AIBTM), China Incentive, Business Travel and Meetings (CIBTM), India Incentive, Business Travel and Meetings (IBTM India) and Business Travel Market.
September 2013 will see the launch of IBTM India in Mumbai, India, and another exciting launch in the ski travel sector, with International Ski Travel Market in March 2014.
RTE is a business unit of Reed Exhibitions.
About Reed Exhibitions
Reed Exhibitions is the world’s leading events organizer, with over 500 events in 39 countries. In 2011 Reed brought together six million active event participants from around the world, generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organized by 33 fully staffed offices. Reed Exhibitions serves 44 industry sectors with trade and consumer events and is part of the Reed Elsevier Group plc, a world-leading publisher and information provider and a FTSE 100 company. www.reedexpo.com