Asia Travel Re: Set – Issue #111: In Summary

Here’s a 60-second speed-read of Asia Travel Re:Set Issue #111 – 5 Travel & Tourism Stories You May Have Missed This Week in Asia Pacific!, published on 4 June 2023.

Read Asia Travel Re:Set Issue 111 in full HERE

I spent much of last week on Q1 earnings calls for Chinese OTAs, airlines and hotel groups. This formed part of the research for Phocuswright’s upcoming China Travel Market Report 2022-2026. So, this week’s newsletter has a China and Hong Kong focus, with stories also from Bali and Maldives.

1) Tourism Planning in Maldives

Maldives has published its 5th Tourism Master Plan (2023-2027). It begins with an unavoidable truth that tourism comprises 43% of the government’s annual revenue. The Master Plan features 15 key areas of future development, and tackles complex issues like climate impact, energy security, cybercrime, infrastructure development and food waste.

2) AirAsia Takes off in Fuzhou

AirAsia signed a “cooperation framework” with the Chinese city of Fuzhou. The objective is to enable “travellers in Fuzhou to connect to hub airports in Malaysia, Indonesia, Thailand and the Philippines.” The Malaysia-based LCC says it has recovered to 63% of its pre-Covid capacity on mainland China routes. The plan is to reach 100% by July.

3) Hong Kong Reaches 10 Million

Hong Kong welcomed more than 10 million visitors in the first 5 months of 2023. Its monthly average of around 2 million visitors compares to 5.17 million per month in the same 2018 period. This is a reliable base year, given the impact on travel in 2019 of the long-running protests. The Hong Kong Tourism Board remains concerned about the pace of air capacity restoration, however, especially from mainland China.

4) H World Focuses on Lower-tier Cities

Hotel supply growth in China is forecast to accelerate over the next year as domestic travel demand recovers. Multi-brand domestic chain H World (formerly Huazhu), which is a partner of Accor, says that 56% of the group’s hotel pipeline of 2,304 hotels is in lower-tier cities.

5) Bali Welcomes Emirates A380

This week, Bali greeted “the first-ever scheduled A380 service to Indonesia.” The new Emirates service to/from Dubai offers 58 Business Class and 557 Economy Class seats. This comes as Bali’s Governor announced plans to prohibit “mountain tourism” across the island.

Read Asia Travel Re:Set Issue 111 in full HERE

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