Global tourism is on its way to a “long-term, sustainable recovery” as more travellers and countries recognise the endemic nature of Covid-19, according to hotel operator Banyan Tree Holdings Ltd.
Hotels in tourism-reliant Thailand, which kept its so-called Phuket Sandbox open as a pathway for international travellers to skip quarantine, hasn’t seen major cancellations after the emergence of omicron, Banyan Tree Executive Chairman Ho Kwon Ping said in a Bloomberg Television interview on Monday.
“While the pickup in new bookings is slower because people want to be cautious, there’s a recognition that it is going to become endemic and that recognition is changing…
