More than a year into the pandemic, what’s your assessment of Covid-19’s impact on travel and tourism?
Renyung Ho of Banyan Tree (RH) Although international travel borders remain mostly closed, we have seen encouraging upward trends in hotel occupancies for domestic travel, which will continue to be a key segment of growth. At the same time, amidst the measured recovery, we see pent-up demand for international travel as borders aim to gradually re-open at a cautious pace.
We firmly believe that opportunities exist even in this time. With an increasing shift towards purposeful tourism centred on green choices, personal growth and wellbeing, brand offerings must now fulfil people s desire to live better.
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