Press Office

21 March 2005

MasterIndex™ of Travel Survey Forecasts 18.3% Increase in Outbound Travel in New Zealand

MasterCard International announced today the results of its MasterIndex™ of Travel report, forecasting solid growth of outbound travelers from across the Asia/Pacific region including New Zealand where an estimated 860,000 people will travel internationally during the first half of this year, an increase of 18.3% on last year.

"As outbound travel becomes an integral part of people's lifestyle, its growth in volume and expansion in variety and destination choices will also gain momentum, commensurate with rises in personal disposable income. This is now happening in Asia/Pacific. The outlook of outbound travel looks very robust for the first half of 2005, which corresponds well with a strong economic outlook for the region," observes Dr. Yuwa Hedrick-Wong, economic advisor to MasterCard International in Asia/Pacific.

Released twice a year, the latest MasterIndex ™ of Travel report includes findings from travelers from across the Asia/Pacific region and includes the business and personal travel habits of New Zealanders.

8 9% of New Zealanders say they would travel internationally in the next 12 months to spend time with family and friends and for rest and relaxation. 48% of Kiwis consider international personal travel as important to their lifestyles with Australia (66%) the most frequently visited regional destination followed by Singapore and Thailand (both 4%) and other destinations (5%).

The MasterIndex of Travel encompasses a six month forecast of outbound travel for 12 markets ( Australia , China , Hong Kong , Indonesia , Japan , Korea , Malaysia , New Zealand , the Philippines , Singapore , Taiwan and Thailand ) and a survey of business and personal travel trends across the region. A total of 5,517 consumers from 13 markets participated in the survey (with Vietnam as the additional market included in the survey component).

Similar to findings in the previous report for second half 2004, China (29%) continues to top the list as the most frequently visited Asia/Pacific country for business travel followed by Hong Kong (18%), Singapore (16%) and Japan (16%).

The most frequently visited Asia/Pacific markets for personal travel were Singapore (19%) followed closely by Thailand and Hong Kong (both at 18%). Findings in the previous report showed that Singapore and Thailand both at 16%, followed China (13%) were top destinations for personal travel.

Other highlights of the latest report include:

Among Australian travelers, New Zealand (19%) was the most frequently visited regional destination for personal travel followed by Thailand (16%), Singapore (14%) and Indonesia and Japan (8% each).
Among New Zealand travelers, Air New Zealand (49%) was the most preferred airline for personal travel, followed by Qantas (25%)
71% of New Zealand business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 25% had made more trips outside the region; and 4% said the split was about the same.
Australia (79%) was the most frequently visited Asia/Pacific destination, followed by India (4%), for New Zealand business travelers.
Air New Zealand (55%) was the single most preferred airline for business travel, followed by Qantas (33%) for New Zealand business travelers.

Market Specific Highlights

AUSTRALIA

Forecast on Outbound Travel for the First Half of 2005:

12.4% year-on-year growth
2.25 million outbound travelers forecasted for first six months

Survey on Personal Travel

27% of Australian respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles and 46% indicated that it was somewhat important.
New Zealand (19%) was the most frequently visited regional destination for personal travel followed by Thailand (16%), Singapore (14%) and Indonesia and Japan (8% each).
76% of Australian travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest & Relaxation' (49%), ‘For a change of scenery/weather' (22%) and ‘To see new places' (22 %).
Qantas (50%) was overwhelmingly the most preferred airline for personal travel followed by Air New Zealand (15%), Singapore Airlines (7%) and Thai Airways (7%).

Survey on Business Travel

42% of business travelers said that over the last 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 33% said that they had made about the same, and 25% said they had made more trips outside the region.
New Zealand (25%) was the most frequently visited Asia/Pacific destination, followed by China , India and Japan at 17%.
Qantas (23%) was the most preferred airline for business travel, closely followed by ANA (22%) and thereafter by Air New Zealand , Singapore Airlines, China Airlines and Cathay Pacific Airways (11% each).

CHINA

Forecast on Outbound Travel for the First Half of 2005:

33.6% year-on-year growth
17.4 million outbound travelers forecasted for first six months

Survey on Personal Travel

31% of Chinese respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles and 63% indicated that it was somewhat-important.
Hong Kong (54%) was the most frequently visited regional destination for personal travel followed by Thailand (35%), Singapore (27%) and Malaysia (18%).
89% of Chinese travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for personal travel abroad were ‘Rest & Relaxation' (63%), ‘For change of scenery/weather' (58%) and ‘To see different peoples/cultures' (52%).
Most preferred airline for personal travel was China Airlines (44%), followed by Cathay Pacific and Singapore Airlines (12% each).

Survey on Business Travel

42% of business travelers said that over the past 12 months, they had traveled an equal amount intra-regionally as they had outside Asia/Pacific; 41% had made more trips within the region; and 17% had made more trips outside the region.
Hong Kong (63%) was the most frequently visited Asia/Pacific destination, followed by Singapore , Australia and Japan (17% each).
China Airlines (45%) was the most preferred airline for business travel. Cathay Pacific (17%) ranked second, followed by Singapore Airlines (8%).

HONG KONG

Forecast on Outbound Travel for the First Half of 2005:

18.5% year-on-year growth
2.9 million outbound travelers forecasted for first six months

Survey on Personal Travel

24% of respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles and 51% said it was somewhat-important.
China (38%) was the most frequently visited regional destination for personal travel, followed by Japan (27%), Thailand (26%), Taiwan (17%) and Malaysia (11%).
80% of Hong Kong travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest & Relaxation ' (54%), ‘To see new places' (39%) and ‘To see different peoples/culture' (36%).
Cathay Pacific (62%) was the most preferred airline for personal travel, followed by ANA (9%) and China Airlines (5%).

Survey on Business Travel

53% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific ; 36% said the split was about the same; 11% had made more trips outside the region.
China (63%) was the most frequently visited Asia/Pacific destination, followed by Thailand (13%)
Cathay Pacific (51%) was the most preferred airline for business travel. Thai Airways garnered 12% of the vote and China Airlines, 10%.

INDONESIA

Forecast on Outbound Travel for the First Half of 2005:

18.9% year-on-year growth
2.1 million outbound travelers forecasted for first six months

Survey on Personal Travel

21% of respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles and 52% said it was somewhat-important.
Singapore (49%) was the most frequently visited regional destination for personal travel, followed by Australia (27%) and Malaysia (25%).
90% of Indonesian travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for personal travel were ‘Rest & Relaxation' (70%), ‘To go shopping' (48%) and ‘To see new places' (44%).
Garuda Indonesia (65%) was the most preferred airline for personal travel, followed by Singapore Airlines and Malaysia Airlines (8% each).

Survey on Business Travel

80 % of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 11% said that the split was about the same; and 9% had made more trips outside the region.
Singapore (46%) was the most frequently visited Asia/Pacific destination, in the region, followed by Malaysia (30%).
Garuda (71%) was the most preferred airline for business travel followed by Singapore Airlines and Malaysia Airlines (6% each).

JAPAN

Forecast on Outbound Travel for the First Half of 2005:

19.8% year-on-year growth
9.8 million outbound travelers forecasted for first six months

Survey on Personal Travel

36% of Japanese respondents who had made personal trips in the past 12 months considered international travel as important to their lifestyles and 51% said it was somewhat-important.
China (13%) was the most frequently visited regional destination for personal travel, followed by South Korea (11%), Australia and Malaysia (10% each).
61% of Japanese travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘To see new places' (29%), ‘For change of scenery/weather' (26%) and ‘To visit historical sites' (24%).
Japan Airlines (26%) was the most preferred airline for personal travel, followed by ANA (16%) and Qantas (11%).

Survey on Business Travel

84% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 9% said that the split was about the same; and 7% had made more trips outside the region.
China (56%) was the most frequently visited Asia/Pacific destination, followed by Thailand (13%).
Japan Airlines (66%) was the single most preferred airline for business travel, followed by ANA (25%) and Thai Airways (7%).

KOREA

Forecast on Outbound Travel for the First Half of 2005:

12.1% year-on-year growth
4.6 million outbound travelers forecasted for first six months

Survey on Personal Travel

20% of Korean respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles and 60% said it was somewhat-important.
Japan (24%) was the most frequently visited regional destination for personal travel, followed by Thailand (20%), China (17%) and Philippines (13%).
55% of Korean travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘To see different peoples/ cultures' (43%), ‘Rest and relaxation" (41%) and ‘For studies/courses' (19%).
Korean Airlines (39%) was the most preferred airline for personal travel, followed by Asiana (28%) and Thai Airways (8%).

Survey on Business Travel

60% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 34% had made more trips outside the region; and 6% said the split was about the same.
Japan (28%) was the most frequently visited Asia/Pacific destination, followed by China (25%).
Korean Air (50%) was the most preferred airline for business travel, followed by Asiana (27%).

MALAYSIA

Forecast on Outbound Travel for the First Half of 2005:

18.6% year-on-year growth
19 million outbound travelers forecasted for first six months

Survey on Personal Travel

50% of Malaysian respondents who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 48% said it was somewhat important.
Singapore (36%) was the most frequently visited regional destination for personal travel followed by Hong Kong (27%) and Thailand (22%).
96% of Malaysian travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘To see new places' (69%), ‘Rest and relaxation' (64%) and ‘For change of scenery/weather' (51%).
Malaysia Airlines (52%) was the most preferred airline for personal travel followed by Singapore Airlines (14%) and Cathay Pacific (11%).

Survey on Business Travel

46% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 35% said the split was about the same; and 19% had made more trips outside the region.
Singapore (31%) was the most frequently visited Asia/Pacific destination, followed by China (28%).
Malaysia Airlines (61%) was the most preferred airline for business travel, followed by Cathay Pacific (13%) and Singapore Airlines (10%).

NEW ZEALAND

Forecast on Outbound Travel for the First Half of 2005:

18.3% year-on-year growth
0.86 million outbound travelers forecasted for first six months

Survey on Personal Travel

48% of respondents from New Zealand who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 43% said it was somewhat important.
Australia (66%) was the most frequently visited regional destination for personal travel followed by Others (5%), Singapore and Thailand (4% each).
89% of New Zealand travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘To spend time with family/friends' (41%), ‘Rest and relaxation' (37%) and ‘To spend time with friends' (15%).
Air New Zealand (49%) was the most preferred airline for personal travel, followed by Qantas (25%)

Survey on Business Travel

71% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 25% had made more trips outside the region; and 4% said the split was about the same.
Australia (79%) was the most frequently visited Asia/Pacific destination, followed by India (4%).
Air New Zealand (55%) was the single most preferred airline for business travel, followed by Qantas (33%).

THE PHILIPPINES

Forecast on Outbound Travel for the First Half of 2005:

9.8% year-on-year growth
1.1 million outbound travelers forecasted for first six months

Survey on Personal Travel

48% of respondents from the Philippines who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 45% said that it was somewhat important.
Hong Kong (33%) was the most frequently visited regional destination for personal travel followed by Japan and Singapore (tied at 22%).
85% of Filipino travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘To spend time with family/ relatives' (37%), ‘To see new places' and ‘Rest and relaxation' (33% each).
Philippines Airlines (46%) was the most preferred airline for personal travel.

Survey on Business Travel

60% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 23% had made more trips outside the region; and 17% said the split was about the same.
Japan (37%) was the most frequently visited Asia/Pacific destination, followed by Hong Kong (27%) and Singapore (20%).
Philippines Airlines (32%) was the single most preferred airline for business travel, followed by both Japan Airlines and Lufthansa (15% each).

SINGAPORE

Forecast on Outbound Travel for the First Half of 2005:

12.5% year-on-year growth
2.76 million outbound travelers forecasted for first six months

Survey on Personal Travel

23% of respondents from Singapore who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 45% said it was somewhat important.
Hong Kong and Malaysia (both tied at 42%) were the most frequently visited regional destinations for personal travel, followed by China (27%), Thailand (25%) and Japan (20%).
96% of Singaporean travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest and relaxation' (60%), ‘To see new places' (32%) and ‘To go shopping' (32%).
Singapore Airlines (65%) was the most preferred airline for personal travel, followed by Malaysia Airlines (8%) and Thai Airways (6%).

Survey on Business Travel

25% of business travelers said that in the past 12 months, they had made more trips intra-regionally compared to outside Asia/Pacific; 25% had made more trips outside the region; and 50% said the split was about the same.
China (49%) was the most frequently visited Asia/Pacific destination, followed by Hong Kong (41%) and Malaysia (35%).
Singapore Airlines (77%) was the single most preferred airline for business travel, followed by Qantas (5%), China Airlines and Garuda Indonesia (4% each).

TAIWAN

Forecast on Outbound Travel for the First Half of 2005:

16.5% year-on-year growth
4.3 million outbound travelers forecasted for first six months

Survey on Personal Travel

32% of respondents from Taiwan who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 50% said it was somewhat important.
Japan (50%) was the most frequently visited regional destination for personal travel, followed by China (28%), Thailand (21%), Hong Kong (18%) and Indonesia (12%).
90% of Taiwanese travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest and relaxation' (92%), ‘To see different peoples/cultures' (68%) and ‘To see new places' (67%).
China Airlines (33%) was the most preferred airline for personal travel, followed by EVA Air (33%) and Cathay Pacific (10%).

Survey on Business Travel

73% of business travelers said that in the past 12 months they had made more trips intra-regionally compared to outside Asia/Pacific; 22% had made more trips outside the region; and 5% said the split was about the same.
China (62%) was the most frequently visited Asia/Pacific destination, followed by Japan (38%).
Cathay Pacific Airways (32%) was the single most preferred carrier for business travel, followed by EVA Air (29%), China Airlines (23%), Singapore Airlines and Japan Airlines (6% each).

THAILAND

Forecast on Outbound Travel for the First Half of 2005:

12.6% year-on-year growth
1.5 million outbound travelers forecasted for first six months

Survey on Personal Travel

18% of respondents from Thailand who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 41% said it was somewhat important.
China (28%) was the most frequently visited regional destination for personal travel, followed by Hong Kong (27%), Singapore (24%), Australia (10%) and Japan (9%).
85% of Thai travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest and relaxation' (77%), ‘For changes of scenery/weather' (43%) and "to see new places' (16%).
Thai Airways (63%) was the most preferred airline for personal travel, followed by Singapore Airlines (11%) and China Airlines (7%).

Survey on Business Travel

73% of business travelers said that in the past 12 months they had made more trips intra-regionally compared to outside Asia/Pacific; 16% had made more trips outside the region; and 11% said the split was about the same.
Singapore (29%) was the most frequently visited Asia/Pacific destination, followed by China and Hong Kong (tied at 24%).
Thai Airways (65%) was the single most preferred carrier for business travel, followed by Singapore Airlines (13%).

VIETNAM (No outbound travel forecast.)

Survey on Personal Travel

53% of respondents from Vietnam who had made personal trips in the past 12 months considered international personal travel as important to their lifestyles, and 37% said it was somewhat important.
Thailand (45%) was the most frequently visited regional destination for personal followed by Singapore (40%), China (28%) and Malaysia (10%).
67% of Vietnamese travelers stated that they will make at least one personal trip on a commercial airline to an international destination in the next 12 months. The main reasons for their personal travels abroad were ‘Rest & Relaxation' (60%), followed by ‘To see different peoples/cultures" (50%) and ‘To see new places' (43%).
Vietnam Air (41%) was the most preferred airline for personal travel, followed by Singapore Airlines (19%) and Cathay Pacific (15%)

Survey on Business Travel

76% of business travelers said that in the past 12 months they had made more trips intra-regionally compared to outside Asia/Pacific; 20% had made more trips outside the region; and 4% said that the split was about the same.
Thailand (35%) was the most frequently visited Asia/Pacific destination, followed by China (34%) and Singapore (28%).
Vietnam Air (48%) was the most preferred carrier for business travel, followed by both Cathay Pacific and Singapore Airlines (tied at 17%).