Jan 22, 2009

A bad year for tourism in Asia?


Can you see the beauty of the photo above? The truth is that you may end up not being able to see them anytime soon...

Across Asia, hotels, airlines and tourism operators are bracing for another tough year as the financial crisis keeps long-haul visitors at home and regional travelers take shorter trips.

"There'll definitely be a drop in business. Fewer tourists is a reality," said Laurence Lai, the owner of two photo galleries at Hong Kong tourist hotspots, including the Star Ferry pier, selling iconic images of the former British colony.

"I expect a 30 percent fall at least. I'm having to shift my strategies to confront this financial tsunami, but you just have to stand firm and face the winds," added Lai, who relies on tourists for half his sales.