China's tourists recovery faster in Malaysia, Singapore than Vietnam, Thailand: Maybank IB

China's tourists recovery faster in Malaysia, Singapore than Vietnam, Thailand: Maybank IB

7 days ago

KUALA LUMPUR: Malaysia, Singapore and the Philippines will be more modest beneficiaries of China's revenge travel than Thailand, among the Asean-6 countries.

Maybank Investment Bank Bhd (Maybank IB) said the recovery in China tourists up to late 2022 had been faster in Indonesia (14 per cent of pre-pandemic) and Malaysia (11 per cent), and slower in Vietnam (three per cent) and Thailand (five per cent).

"Asean has broadly avoided stringent requirements targeted at China tourists, and will likely benefit from the diversion of China tourists away from South Korea, Japan and Australia, which imposed more stringent rules," Maybank IB said.

Read the full story

It's better on the Lumi News app

✅ It’s fast

✅ It’s easy to use

✅ It’s free

Start using Lumi

You might like ⬇️
BLand names former CAAM chief as group aviation CEO
New Straits Times

New Straits Times

BLand names former CAAM chief as group aviation CEO

13 minutes ago

KL shares end higher amid cautious regional sentiment
The Malaysian Reserve

The Malaysian Reserve

KL shares end higher amid cautious regional sentiment

35 minutes ago

Hong Kong property deals hit three-month high in January, could rise again this month, as mainland Chinese visitor numbers grow
South China Morning Post

South China Morning Post

Hong Kong property deals hit three-month high in January, could rise again this month, as mainland Chinese visitor numbers grow

44 minutes ago

Trending right now

Loading...