30 Aug '11, 12am

Natas travel fair sees a record $100m in sales, 17.6% more from last year; China is top destination

Natas travel fair sees a record $100m in sales, 17.6% more from last year; China is top destination

The crowd at the three-day fair (above) was slightly smaller than at last year's event, at just over 67,000 visitors, but takings were 17.6 per cent higher. The strong sales were attributed to favourable exchange rates in far-flung, pricey destinations like Europe and the US. -- PHOTO: LIANHE ZAOBAO By Huang Lijie Worries that the uncertain economic outlook would hurt sales at the travel fair over the weekend proved unfounded. The three-day fair organised by the National Association of Travel Agents Singapore (Natas) exceeded expectations, pulling in a record $100 million in sales, 17.6 per cent more than the same event last year. Mr Robert Khoo, chief executive officer of Natas, had earlier told The Straits Times that he did not expect sales at the fair to cross the $90 million record set at the Natas fair in February by a large margin, if at all. Background story TOP 5 D...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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