South-east Asia's tourism industry begins uneven recovery

e slow and some long-time hotspots are falling out of favour.

The ForwardKeys data showed Singapore and Philippines bookings were at 72 per cent and 65 per cent of 2019 levels, respectively, while Thailand was at just 24 per cent. Asia, though, is lagging a recovery in other regions including Europe, which eased restrictions months ago. For example, visitors to Singapore surged nearly four times in February from a year earlier, when the city-state had restricted entry.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks wobble, dollar firm as markets wary before key U.S inflation dataHONG KONG : Asian shares were down while the U.S. dollar held strong on Tuesday, as Treasury yields spiked to a three year high ahead of U.S. inflation data which could foreshadow even more aggressive interest rate hikes from the Federal Reserve. MSCI's broadest index of Asia-Pacific shares outside Japan
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »