Published on : Thursday, May 16, 2019
To quote Maingreaud, “I joined the Association in 1995, the year of the first TFWA Asia Pacific Exhibition & Conference, and my brief at that time was to develop TFWA’s Asian activities, so I feel a special connection with this summit. Visiting the Asia Pacific region today, with its vibrant economy and thirst for business, is a refreshing reminder for a European like me that there is life beyond Brexit and the equally intractable problems facing some other parts of the world. The Financial Times has declared this the dawn of the Asian Century, predicting that by next year, more than half of the world’s GDP will be generated here. If we look at the tourism sector, Asia Pacific is attracting visitors at an impressive rate these days.”
Maingreaud said that TFWA is sensitive that some question the accuracy of the numbers. But he said that they are the only global figures currently available to the industry. “Until we as an industry – brands, retailers, landlords and all stakeholders – agree on the advantages to be gained from sharing data, we will never truly understand what is happening in our business,” Maingreaud said.