Southeast Asia's holiday hotspots, hit by billions in lost business from Ch...
MANILA - Southeast Asia’s holiday hotspots, hit by billions in lost business from Chinese tourists, are turning to markets closer to home to soften the blow from travel restrictions caused by the coronavirus epidemic.
In the Philippines, the government and tourism players last week launched a travel campaign led by President Rodrigo Duterte. Manila’s Golden Phoenix Hotel has slashed its rates by two-thirds, its marketing director Christine Ann Ibarreta said.China’s health authorities are reporting thousands of new cases daily of the coronavirus infection, which has killed 1,868 people, mostly in China. The flu-like virus’ spread has also prompted countries to shut doors to Chinese travelers, who are a major source of growth for many Southeast Asian economies.
Thailand, Southeast Asia’s biggest market for Chinese tourists, is now offering special packages for local elderly, which allows their expenses to be used for their children’s tax deductions.Vietnam, the region’s second-largest market for Chinese tourists, said it would waive entrance fees to some tourist attractions when the outbreak is over. It has also simplified visa procedures for some non-Chinese arrivals. The coronavirus epidemic could wipe $5.9 billion to $7.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia markets set to trade mixed after Apple issues revenue warning on coronavirus impactApple suppliers in Asia will be watched, as the tech giant warned it may not meet its quarterly revenue forecast because of lower iPhone supply globally and lower Chinese demand as a result of the coronavirus outbreak.
Read more »
U.S. stock futures retreat, Asia dips after Apple warns on virus impactU.S. stock futures slipped from record levels on Tuesday after Apple Inc said it...
Read more »
Op-Ed: Xi Jinping's rule by censorship and intimidation doesn't work on coronavirusesOp-Ed: Xi Jinping rules China by intimidation and police coercion. Those don't work on coronaviruses (via latimesopinion)
Read more »
Asia markets set to trade mixed after Apple issues revenue warning on coronavirus impactApple suppliers in Asia will be watched, as the tech giant warned it may not meet its quarterly revenue forecast because of lower iPhone supply globally and lower Chinese demand as a result of the coronavirus outbreak.
Read more »