Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong
Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong
Tourism

Hong Kong, Singapore travel agencies adopt asset-light model, tie up with logistics providers to survive pandemic

  • Agencies are adapting different strategies to ensure they can keep doing the same amount of work with fewer resources while waiting for business to pick up
  • Travel intermediaries saw a 46 per cent fall in global sales in 2020 compared to an annual growth rate of 5 per cent in the prior five-year period: Euromonitor

Topic |   Tourism
Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong
Hong Kong’s travel firms have been disproportionately affected by the coronavirus pandemic. Photo: Felix Wong
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