Travel agencies and hoteliers are anticipating that pent-up demand for travel would spur sharp revenue growth after Taiwan reopens its borders to inbound and outbound travelers on Oct. 13.
The Executive Yuan on Thursday announced that on Oct. 13 it would further relax entry rules to include countries or territories with which Taiwan does not have visa-waiver agreements and end the quarantine requirement for visitors, with a weekly cap on the number of inbound visitors set at 150,000.
To capitalize on the reopening, Lion Travel Service Co (雄獅旅遊) in a statement on Thursday said that it had rolled out tours to Japan, South Korea, Southeast Asia, North America and Europe, in addition to free visa applications for people on non-discount tours.
Photo: CNA
Lion Travel spokeswoman Lai Yi-ching (賴一青) said that Japan was the most popular destination for tour groups and the company had secured about 30,000 tickets for China Airlines Ltd (中華航空) and TigerAir Taiwan Ltd (台灣虎航) chartered flights to the nation.
Some popular upcoming attractions for tours in Japan include skiing, hot springs and New Year’s Eve events, she said, adding that many people have inquired about prices for trips during the Lunar New Year holiday in January next year.
Phoenix Tours International Inc (鳳凰國際旅行社) forecast that tourism revenue this quarter would rebound to 50 to 60 percent of pre-COVID-19 pandemic levels.
The revival of the tourism industry would likely be a gradual process, taking six months to a year, Phoenix Tours International said in a statement.
Cola Tour (可樂旅遊) said in a statement that more than 10,000 people have purchased tours since it rolled out discounts on Thursday last week when the Cabinet announced plans to reopen the borders, with the US, Japan, South Korea, Thailand and Singapore being the most popular destinations.
KKday, a company selling local package tours and tickets to overseas tourist attractions, said in a statement that flight ticket sales for foreign destinations had increased by 80 percent, with Japan being the most popular destination.
In addition, it has developed numerous local tours in anticipation of a rise in tourist arrivals, hoping the number of foreign visitors would double next year, KKday said.
The Silks Hotel Group (晶華酒店集團) said in a statement that before the pandemic began in early 2020, 85 percent of Regent Taipei hotel’s revenue had come from foreign visitors.
After the government closed the borders, the hotelier had to introduce deals to attract local guests, but that only boosted its revenue to 40 to 50 percent of pre-COVID-19 levels, the group said.
The reopening is expected to spur a gradual increase in the number of foreign guests to match that of local guests, as next month and December is a peak period for arrivals, it said.
The Fleur De Chine Hotel (雲品酒店) expressed similar views in a statement.
The Courtyard by Marriott Hotel (萬怡酒店) said in a statement that the lifting of border controls would provide much-needed relief after a long dry spell, while touting its location in the same building in Taipei as Nangang MRT Station, the High Speed Rail’s Nangang Station and the Taiwan Railways Administration’s Nangang Station.
This time was supposed to be different. The memorychip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — including 5G technology and cloud services — would ensure that companies delivered more predictable earnings. Yet, less than a year after memory companies made such pronouncements, the US$160 billion industry is suffering one of its worst routs ever. There is a glut of the chips sitting in warehouses, customers are cutting orders and product prices have plunged. “The chip industry thought that suppliers were going to have better control,” said
Enimmune Corp (安特羅生技) has obtained marketing approval from the Food and Drug Administration (FDA) for its EnVAX-A71 vaccine for enterovirus 71 (EV-71), becoming the nation’s first enterovirus vaccine completely made in Taiwan, it said yesterday. After spending 13 years and NT$1.5 billion (US$49.77 million) on the research and development of the vaccine, Enimmune plans to start manufacturing and marketing it by the end of March, the company said in a statement, without disclosing customer order figures. “It is possible that the vaccine would not be included in a national vaccination program initially, and consumers would need to pay for it themselves,” parent
Vaccine skeptics blocking transfusions for life-saving surgeries, Facebook groups inciting violence against doctors and a global search for unvaccinated donors — COVID-19 misinformation has bred a so-called “pure blood” movement. The movement spins anti-vaccine narratives focused on unfounded claims that receiving blood from people inoculated against COVID-19 “contaminates” the body. Some have advocated for blood banks that draw from “pure” unvaccinated people, while medics in North America say they have fielded requests from people demanding transfusions from donors who have not received a vaccine. In closed social media groups, vaccine skeptics — who brand themselves as “pure bloods” — promote violence against doctors
Asteroid mining start-up AstroForge Inc is planning to launch its first two missions to space this year as it seeks to extract and refine metals from deep space. The first launch, scheduled for April, is to test AstroForge’s technique for refining platinum from a sample of asteroid-like material. The second, planned for October, would scout for an asteroid near Earth to mine. The missions are part of AstroForge’s goal of refining platinum-group metals from asteroids, with the aim of bringing down the cost of mining these metals. It also hopes to reduce the massive amount of carbon emissions that stem from mining