Domestic travel will kickstart Asean’s tourism recovery


A person receives the Sinovac coronavirus disease vaccine as the Thai resort island of Phuket rushes to vaccinate its population amid the Covid-19 outbreak ahead of a July 1 end of strict quarantine for overseas visitors to bring back tourism revenue, in Phuket. - Reuters

KUALA LUMPUR: Domestic travel will kickstart the recovery of Asean’s tourism sector with full recovery hinging on vaccination rates, according to panelists at Maybank Kim Eng’s webinar.

Entitled “Is Asean Tourism Dead?” the webinar held on Thursday revealed there was pent-up demand for domestic destinations due to the long-term desire of consumers to travel while a technology for a vaccine passport could be developed quickly.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Malaysia's air passenger traffic rises 12.7% to 8.7mil - Mavcom
Malaysia, Cambodia enable instant cross-border QR payments - Bank Negara
Oil prices rise after US interest rate cut
Dollar and stocks gain as Fed charts soft landing
ACE Market-bound KHPT aims to raise RM21.73mil from IPO
Rakuten Trade increases FBM KLCI 2024 target to 1,780, sees Bursa Malaysia to lead in Asean
Pharmaniaga biopharmaceutical plant to contribute 30-35% gross profit margin for FY26
Bina Darulaman addresses change of auditors
Bursa Malaysia returns to a slight lead amid regional optimism
Former investment banker charged with securities fraud

Others Also Read