Tag: ANZ Research

India, Indonesia, Philippines are likely to be the laggards in tourism recovery: ANZ Research

The tourism sectors of India, Indonesia and the Philippines are likely to be the laggards among countries trying to revive the travel industry, a report released by ANZ Research has said. Since most countries are now past the worst of their Covid-19 outbreak, restrictions on travel are being eased and appetite for travel would gradually return, the report said. But in the three aforementioned countries, the number of active coronavirus cases continue to rise, making recovery difficult. Tourism in the region is entering the recovery phase, but the pace of this recovery [would] depend on the evolution of the pandemic ... Read more