Tourism Trade 'out Of ICU But Recovery Is Long'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-02-05 HKT 17:02

Share this story

facebook

  • TIC executive director Fanny Yeung says a government plan to hand out free tickets to tourists is unlikely to yield long-term gains. File photo: RTHK

    TIC executive director Fanny Yeung says a government plan to hand out free tickets to tourists is unlikely to yield long-term gains. File photo: RTHK

A tourism industry representative on Sunday said better days are coming for the pandemic-hit industry, but the road to recovery is long as figures for both tourists and business travellers still fall short of pre-Covid levels.

Fanny Yeung, executive director of the Travel Industry Council (TIC), said while she's happy about a government plan to hand out free flight tickets to tourists, it's unlikely to yield long-term gains.

"I don't think there will be a very long-lasting effect that it can bring in visitors continuously, but definitely it is a very important message to stimulate their intent to come to Hong Kong, and also to give us advantage for Hong Kong as a destination," she told RTHK.

Yeung echoed the tourism minister Kevin Yeung's views that Hong Kong has to make up for lost time when it comes to bringing back holidaymakers.

"For the whole year of 2022, we have around 600,000 visitors coming into Hong Kong, which is just one percent compared with [that] of 2018. So you can see now we are still at a very early starting point. There's still a long way to go," the TIC executive director said, adding that she thinks it will take at least a year before the sector fully recovers.

Fanny Yeung also called on the government to provide more funding, saying the sector is struggling to recruit enough staff.

"In the past three years, we were just like very sick people. We were in the ICU [intensive care unit]. Right now with all the relaxation measures, finally we get out of the ICU. But you won't expect a person who has been sick for three years to start to run [immediately], right?" she said.

"It takes a long time for us to walk and run and do business as we did before 2020."

On the full border reopening with the mainland on Monday, Yeung said while it will significantly boost tourism, traveller numbers will still fall short of pre-pandemic levels.

RECENT NEWS

EDENA Unveils AI System To Automate Sovereign Asset Settlement

At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more

Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls

Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more

Japans PayPay Files For US IPO, Targets Valuation Above US$10B

SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more

Inference Research Launches In Hong Kong With US$20M Seed Funding

Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more

London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion

London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more

SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership

SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more