News that Shanghai’s Disneyland has received an additional $800 million investment to make it larger than first planned may sound like something that would only interest the general tourism sector. But Disneyland will be an additional drawcard to the business events community as well.
Pre or post-meeting Disneyland is sure to be on many delegate’s wish list, and will be particularly appealing for those individuals who bring their families with them.
The $800 million in increased spending – $4 billion was the initial spend – will be used for new rides, entertainment facilities, dining and retail venues within the park.
And in other news, fresh from playing host to its fourth Shanghai Business Events Week, reports are that the city will host CTW China, an event dedicated to Chinese corporate travel professionals, in 2015.
Modelled after Corporate Travel World (CTW) Asia-Pacific, the new event will be called CTW China, offering a conference program along with structured procurement sessions with suppliers and plenty of networking.
Co-organiser Carlson Wagonlit Travel predicts the event will help boost the sophistication and prospects of China’s business travel market.
“There is no doubt that China will be the world’s largest procurer in this sector,” said Carlson Wagonlit Travel China managing director, Albert Zhong.
“China is currently ranked number two in global business spending, and at its annual growth projection of 14 per cent (second only to India), the country`s business travel spend is on track to surpass the US (currently ranked number one) by 2017.”
Carlson Wagonlit Travel China also took the opportunity to announce the launch of its subsidiary, CTMS (Beijing) Tour Company Limited, which is centred on meetings and events planning, and compliance management.
CTW China will take place as part of the Shanghai Business Events Week 2015, and will also be held in conjunction with IT&CM China from April 14 to 16, 2015.