Dr Mario Hardy, CEO of the Asia Pacific Travel Association (PATA) talks with Asia Gaming Brief Managing Editor Sharon Singleton about his organization’s forecasts for tourism recovery in Asia. While at present, he sees the recovery at the medium to severe level of a three-stage scenario, there are bright spots, such as domestic tourism spending in the Philippines.
The Philippines government has decided to keep the current quarantine restrictions in Metro Manila in place and expanded the curbs to neighboring Bulacan, Rizal, Laguna and Cavite provinces for 14 days in a bid to suppress a surge in coronavirus infections.
Kintetsu Group Holdings is reportedly close to abandoning its earlier plans to extend its rail line to Yumeshima before the 2025 World Expo. The firm is concerned that there may be little passenger demand with lingering uncertainty over the pandemic and the future of IR development in Osaka.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.