際際滷

際際滷Share a Scribd company logo

O Connor Acte Prague Apac Eco Outlook Amended

Download as PPT, PDF
B
butlercaroye

Presented at ACTE Conference Prague October 2009. A social and economic statistical overview of Asia Pacific, plus some travel management comments

1 of 14
Download to read offline
Asia Pacific Economic Snapshot and Outlook A Very Varied Region Different Economies and Outlooks Risks The China Focus Dont forget Japan and India But China is the Wildcard APAC Travel Management Centres APAC TM Challenges by Tony OConnor of Butler Caroye
2 giants, 6 talls, 3 shorts and 2 pygmies A Very Varied Region
A Very Varied Region With very different lifestyles
Based on very different incomes A Very Varied Region
Generated by very different economies Different Economies
The current mixed bag of economic performance Different Economies
Different Outlooks Very different experiences in the downturn, and different outlooks
Some economies are more exposed and fragile Risks
Risks Having very different debt levels, and trade flows
Risks And varying stimulus firepower, and growing asset bubble risks
The China Focus Japan is much bigger. Why is China the focus? Because ... China = the cashed up factory of the world. Many now depend. Japan and India Japan = the massive Asian economy, stuck in debt recovery mud India = the smaller, more internal, high growth, steadying hand
China is the Wildcard The 2 Year Risk = Chimerica being replaced by a massive one-off stimulus. So either Chinese internal demand takes off, or external demand recovers quickly, or ... ??? The 1 Year Risk = the classic emerging market asset bubble. The foam is reforming ... The Anytime Risk = The inevitable earthquake of revaluing the yuan The 20 Year Risk = A tip of the Thousand Year Disunity Cycle Whatever happens to demand, stocks, currency or politically, the economic consequences will flow through America to the world.
Asian Pacific TM Centres Developing Markets Thailand Indonesia Korea Taiwan Philippines Vietnam and their attributes very different MumDelBang ShangBei Tokyo SinHonk MelSyd
Asian Pacific Challenges for travel buyers TMCs are mostly not seamless and integrated across the region. Different systems, processes, P&Ls, cultures Systems differ, and vary greatly in availability and quality OBTs, EMSs, GDSs Accommodation: Assess DP carefully, and grab the rate dips Commissions: Huge variations in levels and attitudes Be very careful of regional and global deals covering Asia Pac. Justify why, not why not.

More Related Content

O Connor Acte Prague Apac Eco Outlook Amended

  • 1. Asia Pacific Economic Snapshot and Outlook A Very Varied Region Different Economies and Outlooks Risks The China Focus Dont forget Japan and India But China is the Wildcard APAC Travel Management Centres APAC TM Challenges by Tony OConnor of Butler Caroye
  • 2. 2 giants, 6 talls, 3 shorts and 2 pygmies A Very Varied Region
  • 3. A Very Varied Region With very different lifestyles
  • 4. Based on very different incomes A Very Varied Region
  • 5. Generated by very different economies Different Economies
  • 6. The current mixed bag of economic performance Different Economies
  • 7. Different Outlooks Very different experiences in the downturn, and different outlooks
  • 8. Some economies are more exposed and fragile Risks
  • 9. Risks Having very different debt levels, and trade flows
  • 10. Risks And varying stimulus firepower, and growing asset bubble risks
  • 11. The China Focus Japan is much bigger. Why is China the focus? Because ... China = the cashed up factory of the world. Many now depend. Japan and India Japan = the massive Asian economy, stuck in debt recovery mud India = the smaller, more internal, high growth, steadying hand
  • 12. China is the Wildcard The 2 Year Risk = Chimerica being replaced by a massive one-off stimulus. So either Chinese internal demand takes off, or external demand recovers quickly, or ... ??? The 1 Year Risk = the classic emerging market asset bubble. The foam is reforming ... The Anytime Risk = The inevitable earthquake of revaluing the yuan The 20 Year Risk = A tip of the Thousand Year Disunity Cycle Whatever happens to demand, stocks, currency or politically, the economic consequences will flow through America to the world.
  • 13. Asian Pacific TM Centres Developing Markets Thailand Indonesia Korea Taiwan Philippines Vietnam and their attributes very different MumDelBang ShangBei Tokyo SinHonk MelSyd
  • 14. Asian Pacific Challenges for travel buyers TMCs are mostly not seamless and integrated across the region. Different systems, processes, P&Ls, cultures Systems differ, and vary greatly in availability and quality OBTs, EMSs, GDSs Accommodation: Assess DP carefully, and grab the rate dips Commissions: Huge variations in levels and attitudes Be very careful of regional and global deals covering Asia Pac. Justify why, not why not.