The Minister evinced strong interest in the use of technology and innovation to revive domestic tourism and sought CHATT’s support in this effort.
recovery
Posted inBusiness
South Korean aviation sector shows positive signs in Q2 but full recovery will take time, says GlobalData
Korean Air reported a year-on-year operating profit of KRW148.5bn in Q2 on account of surge in cargo sales. On annual basis, the pandemic affected the company’s revenue by 44%
Posted inBusiness
Accor draws €560m banking credit facility
Accor has more than €4bn of cash available. The group is seeing initial signs of business improvement
Posted inBusiness
Tourism in China may take long time to recover from Covid-19 as brand image must be restored, says GlobalData
China-outbound tourism is a significant contributor to the global tourism industry, accounting for 159 million global outbound travellers in 2019
Posted inBusiness
Hilton shines ray of hope on displaced employees; ties up with leading companies to provide temporary jobs
Hilton hopes to expand the program globally and plans to welcome these team members back when travel resumes