. Chinese cities to dominate APAC for corporate events in 2019, says CWT | Meetings & Conventions Asia

Chinese cities to dominate APAC for corporate events in 2019, says CWT

Shanghai is expected to lead the way in the Asia Pacific in 2019.
Shanghai is expected to lead the way in the Asia Pacific in 2019.

CWT Meetings & Events, a division of global travel management company Carlson Wagonlit Travel (CWT), recently unveiled its predictions for the top 10 Asia Pacific cities for corporate meetings and events in 2019. The ranking is based on proprietary and industry data in CWT's 2019 Meetings & Events Future Trends report. 

The top 10 is as follows: 
 • Shanghai, China (2018: #1, 2017: #6)
 • Singapore (2018: #2, 2017: #1) 
 • Beijing, China (2018: #4, 2017: -) 
 • Bangkok, Thailand (2018: #6, 2017: #3) 
 • Sydney, Australia (2018: #5, 2017: #2) 
 • Tokyo, Japan (2018: #8, 2017: #8) 
 • Hong Kong, China (2018: #10, 2017: #5) 
 • Melbourne, Australia (2018: -, 2017: #7) 
 • Mumbai, India (2018: -, 2017: #9) 
 • Chengdu, China (2018: -, 2017: -) 

Next year's table has one brand new entry - Chengdu, China, at 10th, while two cities dropped out of the top 10 in 2018, namely India's Mumbai and Australia's Melbourne. Of the three cities that dropped off next year's list, two were new entrants in 2018: Taiwan's Taipei (#7) and China's Guangzhou (#9). One of the former high flyers, China's Shenzhen, came third in 2018. 

Across Asia Pacific, cost per attendee per day is predicted to fall by 4% in 2019 to US$276. The average group size is forecasted to increase to 81 in 2019, up 3% from 2018. 

"We continue to see a steady growth in the demand for meetings and events across Asia Pacific," said Sam Lay, senior director, Asia Pacific, CWT Meetings & Events. "This is fuelling the need for more M&E professionals in the region, especially in China which is barrelling ahead on all fronts." 

The Asia Pacific region is expected to lead the way for global growth in 2019, with the International Monetary Fund expecting the region's GDP to rise by 5.6% next year - that's compared with a global increase of 3.9%. China, in particular, is expected to grow 6.4% in 2019, and India is expected to grow 7.3%. 

The full version of CWT's 2019 Meetings & Events Future Trends report will be published this week.