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Articles tagged “asia”

Coronavirus Closures of Asian Elephant Camps Offer Respite to Pursue Reforms

Coronavirus Closures of Asian Elephant Camps Offer Respite to Pursue Reforms

Raini Hamdi, Skift

Like hotels and airlines, coronavirus has brought Asian elephant tourism camps to their knees. But this may present a golden opportunity to reinvent a controversial industry.

7 days ago

Asia’s Travel Advisors Caught in the Middle of Cancellation Quandary

Asia’s Travel Advisors Caught in the Middle of Cancellation Quandary

Xinyi Liang-Pholsena, Skift

The coronavirus crisis accentuates the value of travel advisors as much as it highlights their plight as go-betweens in the tourism sector. But a bigger question looms: Will these travel intermediaries in Asia survive the onslaught of this latest crisis?

3 weeks ago

Role Reversal Sees Asia Restricting Travel From Outside the Region

Role Reversal Sees Asia Restricting Travel From Outside the Region

Ken Moritsugu and Kim Tong-Hyung, Associated Press

It looks like a game of whack-a-mole as governments around the world constantly rewrite travel bans and rules to keep up with the growing pandemic. The global travel ban list — and confusion — is only going to get greater.

3 weeks ago

Cathay Pacific Warns of Big Loss as It Battles ‘Unprecedented Challenge’

Cathay Pacific Warns of Big Loss as It Battles ‘Unprecedented Challenge’

Jamie Freed, Reuters

Chairman Patrick Healy's comments are pretty eye-opening, basically admitting that the airline has no control over the situation. Like other airlines across the world, Cathay Pacific just has to hope this blows over quickly.

4 weeks ago

Korean Air Warns That Coronavirus Could Put It Out of Business

Korean Air Warns That Coronavirus Could Put It Out of Business

Reuters

As far as warnings go, this is about as stark as you can get. For Korean Air Lines, its very survival really depends on how long the coronavirus crisis lasts.

4 weeks ago

Cathay Pacific Cuts 147 Roles in Vancouver Base Closure

Cathay Pacific Cuts 147 Roles in Vancouver Base Closure

Reuters

Cathay Pacific has been hit very hard over the past year. First, from the Hong Kong protest movement and second, the coronavirus outbreak. Its managers are going to have to make some very tough decisions over the coming weeks.

1 month ago

Battered Asia Travel Sector Exits High Season to Regroup for Eventual Recovery

Battered Asia Travel Sector Exits High Season to Regroup for Eventual Recovery

Xinyi Liang-Pholsena, Skift

It’s likely to get worse before it gets better for the Asian tourism industry. But forward-thinking players will know to take advantage of the current downtime to meet the pent-up demand for travel once recovery comes — which may not be far off.

1 month ago

Why Asia Is Still the Future of Travel in a Post-Coronavirus World

Why Asia Is Still the Future of Travel in a Post-Coronavirus World

Rafat Ali, Skift

Understanding the geopolitics of Asia and how it intersects with the world will make you understand why travel is resilient — and why its center will continue to be in Asia — in a post-coronavirus world.

1 month ago

Spanish Hotel Group Melia Warns of Coronavirus Hit to Chinese Business

Spanish Hotel Group Melia Warns of Coronavirus Hit to Chinese Business

Reuters

Another hotel chain cautions on the coronavirus impact. While it is mostly hurting Asian operations at the moment, companies are no doubt keeping a close eye on events in Europe.

1 month ago

Asia Tourism Tackles Climate Change: It Gets Confusing

Asia Tourism Tackles Climate Change: It Gets Confusing

Xinyi Liang-Pholsena, Skift

Many tourism stakeholders in Asia are finally taking steps to tackle the climate change elephant in the room, but confusion over carbon offsetting is preventing the issue from being addressed swiftly and effectively. Meanwhile, the climate clock ticks on.

1 month ago

Radisson CEO Plays Down Coronavirus Impact on Hotels

Radisson CEO Plays Down Coronavirus Impact on Hotels

Patrick Whyte, Skift

Radisson Hospitality AB doesn't have a large number of guests from China or elsewhere in Asia staying in its hotels, so for now it isn't seeing much of an effect. That could change though, if the outbreak worsens in Europe.

1 month ago

Grab Nabs $856 Million From Japanese Investors Amid Merger Speculation With Rival Gojek

Grab Nabs $856 Million From Japanese Investors Amid Merger Speculation With Rival Gojek

Takashi Umekawa and Anshuman Daga, Reuters

Whether rumors of a merger with rival Gojek will become a fact remain to be seen, but the latest fund injection Grab received for its payment services war chest is a clear boost for its valuation.

1 month ago