Articles tagged “hong kong protests”

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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.

4 months 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.

4 months ago

Cathay Cuts Earnings Outlook After Being Battered by Hong Kong Disruptions

Cathay Cuts Earnings Outlook After Being Battered by Hong Kong Disruptions

Kyunghee Park, Bloomberg

As Hong Kong protests march on, the situation is increasingly dire for Cathay Pacific. It has earned the dubious distinction of being the world's worst performing major airline in the past three months.

4 months ago

Asian Metasearch Reimagines a New Future

Asian Metasearch Reimagines a New Future

Raini Hamdi, Skift

The future of travel metasearches in Asia is being tested. Who will be left standing and who will become roadkill?

4 months ago

Hong Kong’s Imperiled Travel Industry Grows Increasingly Desperate With New Plea

Hong Kong’s Imperiled Travel Industry Grows Increasingly Desperate With New Plea

Rosie Spinks, Skift

There are no signs of things getting better for the embattled travel industry in Hong Kong, as a recent plea from the Travel Industry Council of Hong Kong indicates.

5 months ago

Cathay Pacific Accused of Unfair Layoffs Related to Workers’ Social Media Posts

Cathay Pacific Accused of Unfair Layoffs Related to Workers’ Social Media Posts

Shirley Zhao and Kyunghee Park, Bloomberg

More trouble at Cathay Pacific, as 32 flight attendant layoffs have raised union calls of unreasonable dismissal and criticisms of social media monitoring.

5 months ago

Hong Kong Airlines Appeal to Government for Short-Term Relief

Hong Kong Airlines Appeal to Government for Short-Term Relief

Kyunghee Park, Bloomberg

With months of ongoing protests resulting in a drastic fall in arrivals, financial survival has replaced profitability as a main concern for Hong Kong's airlines.

5 months ago

Stopping Asian Airports From Becoming Protesters’ Punching Bags

Stopping Asian Airports From Becoming Protesters’ Punching Bags

Raini Hamdi, Skift

Unless they live on another planet, most people now know that airports are the perfect places to hold demonstrations and gain maximum coverage for a cause. It’s a message that airport authorities in Asia must correct, particularly as conflicts will continue to simmer in the region.

5 months ago

What Will Be Done to Stop ‘Occupy Airports’ in Asia?

What Will Be Done to Stop ‘Occupy Airports’ in Asia?

Raini Hamdi, Skift

Though largely peaceful, Asia isn't without a string of flash points. Two of its major airports have now been used as protest grounds. Isn't that enough for airport authorities and governments to ensure their national icons aren't ready for the taking?

6 months ago

China’s Crackdown on Cathay Raises Questions on Air China’s Next Move

China’s Crackdown on Cathay Raises Questions on Air China’s Next Move

Angus Whitley and Kyunghee Park, Bloomberg

Should Air China, which owns 30 percent of Cathay, buy more of the Hong Kong-based airline and become an even stronger China insider at the carrier? Or should it sell and wash its hands of a company that has incurred the wrath of the mainland? The latter sounds highly unlikely.

6 months ago

Hong Kong Tourism Sees Biggest Drop Since 2003 SARS Crisis

Hong Kong Tourism Sees Biggest Drop Since 2003 SARS Crisis

Bloomberg Staff, Bloomberg

After 15 weeks of protests, we're starting to get a sense of just how much Hong Kong's civil unrest will affect the tourism industry.

6 months ago

Cathay Pacific Airways Chairman Steps Down Amid China Scrutiny

Cathay Pacific Airways Chairman Steps Down Amid China Scrutiny

Ville Heiskanen, Bloomberg

Cathay's chairman, now famous for his words he wouldn't dream telling staff what to think, has quit. He should have resigned earlier, when CEO Rupert Hogg appeared the fall guy.

6 months ago