While the story of tourism in chaotic Hong Kong this year is specific to that place, it also points to the tenuousness of the global tourism industry as a whole.
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?
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.
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.
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.
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?
Major Hong Kong hotels expect to report lower earnings for the year but believe that the city will retain its global standing as one of the world’s biggest tourism hubs in the long term.