FCM Travel has expanded into China’s Greater Bay Area (GBA) with a new office in Guangzhou, and doubled the size of its team to support its operations.
“GBA is economically and strategically important for our business in China as we have seen a growth of more than 200 per cent in the region, which reflects the potential of the market. This expansion serves as an extension to support our customers in Hong Kong, as well as to achieve further synergy within GBA,” said Calvin Xie, general manager of FCM China.
“The demand for business travel, meetings, and events remains strong even though airfares and hotel room rates remain high according to FCM Consulting’s 2Q2023 report.”
He added that there are many opportunities within China, evident from the. demand for domestic air travel being just one per cent lower than 2019.
FCM has also made several strategic investments in China to deepen the brand’s presence in the Chinese market. This includes the launch of a proprietary travel management system, FCM Platform, built uniquely for China.
FCM first opened their office in Guangzhou in 2004 and will be marking 20 years in China next year.
