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| Canadian travel company sets up in Asia’s tourism hub ( 01/03/2005 ) | |||||||||
Canadian travel company Tai Pan Tours has chosen Hong Kong for its Asia Pacific headquarters, its first overseas operation outside of Canada.
According to the President & CEO of Tai Pan Tours, Francis Wat, the new Asia Pacific headquarters is an important first step for the company's expansion outside of Canada. He said that it was part of their long-term business development plan to establish a strong network of global travel by strategically locating branches in key cities around the world.
"We see tremendous business opportunities in using Hong Kong as our regional base. Hong Kong is centrally located in Asia and at the doorstep of China. The city's world-class, sophisticated infrastructure also makes it easy and convenient for companies like us to conduct business activities. That was why Hong Kong naturally became Tai Pan Group's first choice for our Asia Pacific headquarters," said Mr Wat.
Expansion opportunities
Mr Wat said that given Hong Kong's leading position as a tourism hub in Asia, the company would leverage the availability of experienced practitioners in the travel industry to grow its business rapidly. The office in Hong Kong will offer the company's travel-related products and services to local customers, and will also play an important role in exploring expansion opportunities in other markets in the region.
Invest Hong Kong's associate director-general of investment promotion John Rutherford said Tai Pan's investment in Hong Kong is a vote of confidence in the city.
"The record 21.8 million tourist arrivals here in 2004 provides a clear indicator of the size and importance of the travel-related industry to Hong Kong and all indications are that this figure is going to grow," said Mr Rutherford.
Established in 1989, Tai Pan Tours is the flagship company of Tai Pan Group International Inc, specialising in arranging air tickets and hotel accommodations, and organising international and local tours. Apart from its head office in Toronto and the new Asian headquarters in Hong Kong, the company has branches in other major Canadian cities, including Vancouver and Montreal.
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