Competition
International travel fell 65% in H1, could take four years to recover, U.N. tourism body saysedit
Devdis Course, Travel and Tour World
International tourist arrivals plunged 65% in the first half of 2020 compared to last year, data from the World Tourism Organization showed on Tuesday, translating into an estimated $460 billion loss in export revenues. Just over half of destinations eased travel restrictions by early September but a return to 2019 levels of tourism could take between two to four years, according to the Madridbased United Nations tourism body.
Thai Economy May Contract for Second Year With Tourism in Limboedit
Bloomberg Quint – Online
Quint is a multiplatform, Indian business and financial news company We combine Bloombergs global leadership in business and financial news and data, with Quintillion Medias deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for Indias sophisticated audiences We combine Bloombergs global leadership in business and financial news and data, with Quintillion Medias deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for Indias sophisticated audiences(Thailand)
Thai cabinet approves longstay tourist visas amid plans to reopenedit
Reuters, Bloomberg Quint – Online
Thailands cabinet on Tuesday approved visas of up to 270 days for longstay tourists as the government prepares to reopen to foreign visitors from as early as next month to help support a key sector battered by the coronavirus pandemic.
Singapore to start approving pilot MICE events with 250 people from October 1edit
Bwhotelier Businessworld, Travel Trends Today – Online
According to a MICE Economic Impact Assessment commissioned by STB in 2019, the industry supported more than 34,000 jobs with an economic valueadd of $3.8 billion or nearly 1 percent of Singapores GDP.
Singapore Airlines reportedly plans to offer sightseeing flights to nowhere that take off and land at the same airportedit
Business Insider – Online
Singapore Airlines is reportedly planning to soon offer three hour roundtrip flights that both depart and arrive at Singapores Changi Airport. Singapore Airlines has looked into partnering with Singapore Tourism Board in an effort to let customers pay for this travel with government based tourism credits, according to a new report.
Industry
More & more countries are easing travel restrictionsedit
Travel and Tour World – Online
Even though several destinations are still exercising caution, UNWTO in its seventh edition of the Covid19 Related Travel Restrictions: A Global Review for Tourism recognizes a current trend thats going towards restarting tourism slowly.
Specific
Hong Kong Tourism restarts ‘Holiday at Home’ campaign to boost domestic tourismedit
Travel Daily – Online
In response to recent positive progress in the Hong Kong government’s discussions with other destinations on forming travel bubbles, the Hong Kong Tourism Board (HKTB) is gradually resuming promotions in the local and source markets, reviving tourism through a combination of short-term and long-term strategies.
Hong Kong To Open Bars, Pools And Theme Parks After Mass Testingedit
News 18, Reuters, Newstube Co, News 18, Reuters, Newstube Co– Online
Hong Kong will reopen bars, swimming pools and theme parks from Friday as it relaxes coronavirus restrictions after the testing of nearly two million people in a programme organised by the Chinese government found 42 cases. The announcement by the citys health secretary, Sophia Chan, comes days after the Chinese special administrative region reopened gyms and entertainment venues and increased the number of people allowed to gather to four.
Hong Kong Injects Fading Economy With Fresh Virus Stimulusedit
Bloomberg Quint – Online
It is a multiplatform, Indian business and financial news company We combine Bloombergs global leadership in business and financial news and data, with Quintillion Medias deep expertise in the Indian market and digital news delivery, to provide high quality business news(Hong Kong)