Archive

_2021-03-17
It’s not been a good week for anyone hoping for a faster opening of travel markets around Asia, with the Philippines, Cambodia and Hong Kong all reporting Covid setbacks.

_2021-03-02
It’s a small step, but another in the direction towards normalizing life in Macau, with authorities announcing there is no longer need for a certificate showing a negative nucleic acid test to enter the casinos

_2021-02-09
Genting Singapore expects a lacklustre year in 2021 as visitation to Singapore is likely to remain restricted and does not see a significant improvement from the results achieved in H2, 2020, Bernstein Research noted.

_2020-12-27
As we head into the final days of 2020, Covid-19 is once again ramping up in Asia creating new challenges for travel and tourism and triggering a new wave of restrictions.

_2020-08-17
Macau’s six operators are likely to be able to break even on the EBITDA level by mid-Autumn as China renews individual visit scheme visas, according to Bernstein Research.

_2020-08-06
Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.

_2020-07-20
Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

_2020-03-20
Macau visitor arrivals tumbled almost 96 percent in February due to travel restrictions imposed because of the coronavirus, however, the average length of stay improved. 

_2020-02-18
Macau’s casinos can begin to reopen from midnight on Thursday, however there is unlikely to be any improvement in visitation until China resumes its individual visit schemes (IVS), which may take a further six weeks, Nomura Instinet analyst Harry Curtis...