As Thomas Cook, the legendary British travel agency, desperately tries to secure further private investment or government assistance to save its firm, some of its customers are already feeling the repercussions of its financial struggles.
A hotel in Tunisia, hosting guests who used Thomas Cook to book their trip, is apparently charging extra fees before those customers can leave. Guests at the Les Orangers reportedly faced security guards blocking the hotel’s gates as they tried to leave.
Scores of airlines wrote jointly to the Hong Kong government earlier this month to seek airport fee waivers as they struggle to deal with the financial fallout from anti-government protests that have led to a sharp drop in traveller demand.
The Board of Airline Representatives (BAR) of Hong Kong, which represents more than 70 airlines that fly to and from the Asian financial centre, wrote to the government asking for temporary relief from landing and parking fees as well as rent and other operational costs, according to a letter seen by Reuters.
After opening its first property in Chicago in 2015 and a second in San Francisco earlier in 2019, Sir Richard Branson’s Virgin Hotels group revealed to AFAR that it plans to open a property in Miami’s Brickell neighborhood in the heart of the downtown financial district in 2023.
China’s love affair with Australia fizzles as tourism boom ends
The Japan Times
Australia is losing its appeal for Chinese tourists and students as the harmful trade war between the U.S. and Beijing, paired with a slowing economy at home, spooks them into staying put.
The number of visitors from China increased just over 1 percent in the 12 months through July, matching the weakest rate in nine years, while the growth in students traveling Down Under to attend university has also slowed rapidly. Even a weakening Aussie dollar hasn’t managed to halt the downturn.