Low airfares resulting from the Sept. 11 attacks are expected to climb higher by Chinese New Year, two travel industry watchers said yesterday.
"I estimate ticket price savings will be down to just 5 percent [of pre-Sept. 11 regular fares] by February of next year," said David Hu (胡漢寧), general manager of Everlight Travel Service Co, which manages more than 13,000 group trips per year.
Hu said that airfares will likely return to "normal" if no major accidents occur over the next few months.
Chinese New Year -- which runs from Feb. 9 to Feb. 14 next year -- is prime traveling time for Taiwanese.
"Chinese New Year is the hottest travel window, thus fares will rise as more people head abroad for vacations," said Liao Wen-cheng (廖文橙), deputy manager of Phoenix Tours Inc.
According to Hu, US-bound group travel fares fell by 70 percent in the aftermath of the Sept. 11 attacks. Prices since then have rebounded by 30 percent.
For travelers purchasing individual tickets, prices are also quickly rebounding.
"As I understand the situation, all the special flight ticket offers being promoted by airlines are scheduled to end by early December," Hu said.
Travel agents and airlines plan to capitalize on the December holidays, with a large number of expatriates expected to travel between Dec. 15 and Jan. 10,
"During the crush of holiday travel, aircraft occupation rates will be high and there will be no reason for airlines to cut prices," Hu said.
The price rebound appears to be in line with the slow but steady recovery of outbound travel.
According to statistics compiled by the Tourism Bureau, outbound travel in September was down 18.34 percent compared with the same period last year.
For October, outbound travel was off by just 9.46 percent.
But US-bound traffic has recovered more slowly.
Year-on-year passenger travel to the US was down 44 percent in September. For October the figure was down 43 percent -- not much of an improvement compared with the previous month.
Seeking to lure back visitors, the US state of Hawaii is rolling out the red carpet for Taiwanese tourists. Starting from this month, the Hawaiian government is promoting a "Value Pass" program for global tourists coming to the islands.
Privileges under the pass include free admissions, discounts, and upgrades to some 1,200 attractions and local retailers including restaurants, museums, shopping centers and golf courses.
"Taiwanese arrivals will enjoy all the benefits," said Lee Sin (
Last year, approximately 40,000 Taiwanese -- or about 3,000 Taiwanese per month -- visited Hawaii, Lee said. By comparison, October arrivals were less than 1,000.
ECONOMIC RESILIENCE: Only 11.4 percent of Taiwan’s overseas investments last year were in China, and businesses are dispersing their investments elsewhere, Lai said China’s ambition to annex Taiwan is based on a desire to change the rules-based international order, rather than a desire for territorial gains, President William Lai (賴清德) said in an interview. During an appearance on the talk show The View With Catherine Chang, aired last night, Lai said China aimed to achieve hegemony, and that peace and stability in the Taiwan Strait was an issue of worldwide concern. During the interview, Lai also discussed his “four-pillar plan” for peace and prosperity, which he first outlined in an article published by the Wall Street Journal on July 4 last year. That
‘REGRETTABLE’: TPP lawmaker Vivian Huang said that ‘we will continue to support Chairman Ko and defend his innocence’ as he was transferred to a detention facility The Taipei District Court yesterday ruled that Taiwan People’s Party (TPP) Chairman Ko Wen-je (柯文哲) be detained and held incommunicado over alleged corruption dating to his time as mayor of Taipei. The ruling reversed a decision by the court on Monday morning that Ko be released without bail. After prosecutors on Wednesday appealed the Monday decision, the High Court said that Ko had potentially been “actively involved” in the alleged corruption and ordered the district court to hold a second detention hearing. Ko did not speak to reporters upon his arrival at the district court at about 9:10am yesterday to attend a procedural
Thirty Taiwanese firms, led by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and ASE Technology Holding Co (日月光投控), yesterday launched a silicon photonics industry alliance, aiming to accelerate the medium’s development and address the energy efficiency of artificial intelligence (AI) devices like data centers. As the world is ushering in a new AI era with tremendous demand for computing power and algorithms, energy consumption is emerging as a critical issue, TSMC vice president of integrated interconnect and packaging business C.K. Hsu (徐國晉) told a media briefing in Taipei. To solve this issue, it is essential to introduce silicon photonics and copackaged optics (CPO)
The High Court yesterday overturned a Taipei District Court decision to release Taiwan People’s Party Chairman Ko Wen-je (柯文哲) and sent the case back to the lower court. The Taipei District Prosecutors’ Office on Saturday questioned Ko amid a probe into alleged corruption involving the Core Pacific City development project during his time as Taipei mayor. Core Pacific City, also known as Living Mall (京華城購物中心), was a shopping mall in Taipei’s Songshan District (松山) that has since been demolished. On Monday, the Taipei District Court granted a second motion by Ko’s attorney to release him without bail, a decision the prosecutors’ office appealed