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Taipei, Sept. 29 (CNA) Travel agencies and hoteliers in Taiwan are anticipating that the pent-up demand for travel will soon cause their revenues to soar as the country is expected to reopen its borders to all inbound and outbound visitors traveling independently or in tour groups on Oct. 13.
FDC International Hotels Corp (雲品國際) last month saw its business recover significantly from a year earlier, thanks to pent-up demand that more than offset the weak seasonality.
The company last week reported NT$173.25 million (US$5.96 million) in revenue for last month, rising 20.83 percent from a year earlier owing to improving banquet and catering demand that were previously postponed by local COVID-19 outbreaks.
FDC runs independent banquet facilities across the nation by collaborating with businesses situated in buildings with historic charm in scenic locations, making them popular weekend attractions.
While continuing border controls weigh on Palais de Chine Hotel (君品酒店) near the Taipei