Friday, October 12, 2012

Luxury Travel Ltd Embraces Asean Countries with Niche Products at ITB ASIA in Singapore

VIETNAM is an emerging Mice destination in South East Asia and showcasing the country’s offerings at ITB Asia 2012 will be Luxury Travel Ltd. (Stand R1730)

Hanoi, Vietnam, October 12, 2012 - The company specialises in planning and organising incentive trips and has been one of the leading Mice destination firms in Vietnam for more than seven years.

Hung Nguyen, the company’s Mice department manager said Vietnam has something for everyone in cities like Hanoi, Ho Chi Minh City and the centre in areas such as Hue, Danang and Hoian.

Luxury Travel is the first travel company in Vietnam specialising in luxury, leisure, and incentive holidays. We have first-hand knowledge in Mice and excellent relations with suppliers in the Mice industry for whatever event or incentive holiday travellers want. Name it and we make it happen,” said founder and CEO Pham Ha.

The company promotes Vietnam as a preferred new destination for both domestic and international Mice travel but can arrange successful Mice trips to Cambodia, Laos, Myanmar and Thailand.

“We will also promote its leisure luxury short trips at this year’s show. Asean countries are our great markets, with direct convenient flights, no visa. They have purchasing powers. Today’s luxury travellers want to be entertained and stimulated, rather than simply pampered. They want off-the-beaten-track experiences; crave efficient and seamless travel and value for money. They are also interested in short trips, family travel, a bit of adventure, local culture and authentic experiences. Our leisure travel programmes to show at ITB Asia are designed to catch this trend.” said Ha.

Vietnam’s first luxury tour operator/DMC ( is based in Hanoi, with offices throughout Vietnam, Cambodia, Laos, Myanmar and Thailand. Luxury Travel is exceptional at designing tailor-made tours and providing unique travel experiences. Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and representative offices in California, London,Paris, and Sydney. The company’s depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd. has won numerous travel awards for excellent performance including the most recent “The Years’ Best” of the Guide Awards in 2012.

David Nguyen
Sales and Marketing Manager
Luxury Travel Group Ltd
05 Nguyen Truong To Str.,
Ba Dinh Dist, Hanoi 84444

FRA Welcomes Positive signs in US House Building Market

Industries that benefit from a boom in house building, such as forestry, are likely to welcome news that the US housing market is still in recover and that lumber prices are increasing as a result, claims FRA.

Bainbridge Island, WA, October 12, 2012 - Industries that benefit from a boom in house building, such as forestry, are likely to welcome news that the US housing market is still in recover and that lumber prices are increasing as a result, claims Forestry Research Associates (FRA).

The forestry investment research group said that news of soaring US house builders' publicly traded stocks in is most welcome among forestry management firms. “Businesses that run plantations producing timber for house building, such as Greenwood Management, will be excited to hear that the recovery in the US housing market is going from strength to strength,” said FRA’s analysis partner, Peter Collins.

Senior analyst at ERA Forest Product Research, David Elstone, told The Globe and Mail in Canada: “The outlook for the softwood sector in general is quite positive over the next few years as we go through a growth cycle.” His views are echoed among forestry analysts all over the Americas, who predict increasing timber prices and yields for those investing in plantations.

Most of the wood that will be used in the construction of US homes will need to be sustainably sourced. This is why projects like those run by Greenwood Management in Brazil are so attractive to investors. Collins explained, ”Plantations that are run on a cyclical basis are sustainable as new growth always replaces trees that are felled.

“Plantations in regions where there is natural forests, like Brazil, can also help to reduce the pressure to use native timbers and instead produce a source of fast-growing, sustainable timber appropriate for use in a number of construction projects and for furniture making, or even turning into coal,” added Collins.

Investing in alternative asset classes like forestry has become increasingly popular among those who want to diversify their portfolios against risk and make an ethical choice.

Peter Collins
Forestry Research Associates
620 Vineyard Lane
Bainbridge Island, WA 98110
(206) 316 8394