Grim times for Hong Kong’s travel agencies as 71 companies fold, with more likely to go by year-end

HONG KONG, Oct 3 (SCMP): The Covid-19 pandemic, which has halted international trips, took its toll on 71 Hong Kong travel agents this year, but the industry regulator has warned that the worst is yet to come.

“The outlook is most gloomy for travel agents,” said Alice Chan Cheung Lok-yee, executive director of the Travel Industry Council, which issues licences to agents. “Who can survive a zero-income situation for such a long period?”