Asia

Hong Kong Disneyland Hints at $275 Million Plunge in Profit if Protests Continue

Hong Kong Disneyland Hints at $275 Million Plunge in Profit if Protests Continue

Christopher Palmeri, Bloomberg

Hong Kong Disneyland was expecting a great year from its new Marvel attraction. Instead, it saw a less marvelous year marred by pro-democracy protests.

5 days ago

Greenwashing Goes On in Asia’s Massive Hotel Development

Greenwashing Goes On in Asia’s Massive Hotel Development

Raini Hamdi, Skift

Asia leads the global hotel pipeline and many more luxury hotels and wellness resorts will be opening in its fragile environments. Low-impact advocates are trying to lead by example, but they're too small and too few to effect a sea change.

5 days ago

New Concepts Tackle Luxury Travel’s Abuse of Nature in Asia

New Concepts Tackle Luxury Travel’s Abuse of Nature in Asia

Yixin Ng, Skift

Enough of abusing nature for luxury. Tourism players in Asia-Pacific share how conscious design and excursion-based wellness can change how we think about luxury resorts.

7 days ago

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As Tourists Flock to Thailand, the Country’s Meetings and Events Sector Will Benefit

As Tourists Flock to Thailand, the Country’s Meetings and Events Sector Will Benefit

Thailand Convention and Exhibition Bureau + Skift

As meeting planners worldwide look for unique venues and programming that will wow attendees, Thailand is stepping up its meetings and incentives efforts. Big investments in infrastructure, hotels, venues, and transportation networks — not to mention top-flight food and gorgeous beaches — are already paying multi-million dollar dividends.

1 month ago

Hong Kong’s New Tourism Chief Rolls Up Sleeves to Tackle Huge Challenges

Hong Kong’s New Tourism Chief Rolls Up Sleeves to Tackle Huge Challenges

Raini Hamdi, Skift

It takes a brave person to lead Hong Kong’s battered tourism industry. After a few months’ search, the tourism board has found a new head, but now the hard work begins.

7 days ago

Can a Fast-Growing Oyo Patch Up the Early Cracks?

Can a Fast-Growing Oyo Patch Up the Early Cracks?

Raini Hamdi, Skift

It’s raining doubts on Oyo Hotels & Homes, a far cry from the awe that was poured on its founder and CEO Ritesh Agarwal when he came in six years ago brandishing the simple belief that “everyone deserves a beautiful living space.” Can Oyo fix its apparent shortfalls?

2 weeks ago

Hong Kong Officially Enters a Recession Triggered by a Tourism and Retail Freefall

Hong Kong Officially Enters a Recession Triggered by a Tourism and Retail Freefall

Kelvin Chan, Associated Press

The news has been on the horizon for awhile but now it's official: Hong Kong has entered a technical recession largely caused by the fall in retail spending and visitor arrivals.

2 weeks ago

Watch Out, Japan! Switzerland Luring More Asians for Winter Holidays

Watch Out, Japan! Switzerland Luring More Asians for Winter Holidays

Raini Hamdi, Skift

Asia’s snow holiday market keeps growing, and Switzerland, a first mover in this opportunity, is benefiting. Japan, however, remains the most popular winter holiday destination for Asians by far.

3 weeks ago

Testy Times for Hotel Chains and Owners

Testy Times for Hotel Chains and Owners

Raini Hamdi, Skift

The love-hate relationship between chains and owners is boiling over in Asia-Pacific where the trade war and Hong Kong protests are impacting owners in many destinations. Chains can be less hated by showing more meaningful support to struggling owners rather than just paying lip service.

3 weeks ago

Hotel Room Rates Join Steep Discounts in Struggling Hong Kong

Hotel Room Rates Join Steep Discounts in Struggling Hong Kong

Jinshan Hong and Eric Lam, Bloomberg

Business hasn't picked up for Hong Kong hotels in October and November as hoped. With the peak year-end season approaching, desperation has set in. Clearly the biggest relief that can happen is an end to the protests.

3 weeks ago

Financial Help for Hong Kong Travel Advisors Comes With a Sigh of Relief

Financial Help for Hong Kong Travel Advisors Comes With a Sigh of Relief

Rosie Spinks, Skift

Hong Kong's travel sector needs all the help it can get at the moment, and a new government scheme will be met with gratitude by travel advisors in particular.

3 weeks ago

Ridehailing Gojek CEO Resigns to Join Indonesian Cabinet

Ridehailing Gojek CEO Resigns to Join Indonesian Cabinet

Tim Culpan, Bloomberg

In Southeast Asia, Indonesia President Joko Widodo is seen as a “tech star.” The country has birthed several decacorns, including Gojek and Traveloka. The appointment of Gojek’s CEO Nadiem Makarim to the Indonesian cabinet further shows Jokowi's zeal for tech transformation that has created more jobs rather than killed them.

3 weeks ago