Gary Bowerman, tourism industry analyst and director of Check-in Asia, speaks with Asia Gaming Brief managing editor Sharon Singleton about prospects for tourism recovery in 2021, how governments are seeking to boost domestic travel to plug the gaps and the challenges of getting regional airlines flying again.
A local union in Jeju held a public demonstration in which it pledged to work for the interests of casino workers who have been badly affected by the coronavirus pandemic and related crisis for the tourism industry.
Resorts World Las Vegas is expected to generate revenue of $350 million in 2022 and EBITDA of $82 million in its first full year after opening this summer, according to Nomura Research.
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.