HVS Asia Pacific Hospitality Newsletter - Week Ending 5 March 2021
With the recent decline in COVID-19 cases in recent weeks, Bali is planning to open up to mass tourism. Bali's Governor, Wayan Koster, has stated that Bali is setting up the 'Green Zones' for the reopening. The green zones are COVID-free zones and places where both "domestic and foreign tourists will be allowed to (safely) visit", said Koster during a virtual press conference on the Indonesian Health Ministry's YouTube channel. Given the decreasing number of active COVID-19 cases, the Coordinating Minister of Maritime Affairs and Investment, Luhut Pandjaitan, is optimistic about reopening Bali's borders. Nevertheless, Pandjaitan has emphasised the consequences for those found violating the safety protocols. Sandiaga Uno, the Tourism and Creative Economy Minister, has also revealed the potential locations that may be sanctioned as green zones, including Kuta, Nusa Dua, Ubud, Sanur and Nusa Penida. Meanwhile, Bali has already begun their vaccination programme with more than 13,000 medical workers vaccinated. The government is aiming to vaccinate 1.2 million workers as the island prepares for its reopening.
On 24 February 2021, Health Minister and Head of Taiwan's Central Epidemic Command Center ("CECC"), Mr Chen Shih Chung, announced that business travellers from countries classified as low to medium risk
would be authorised to enter the country with the option of shorter quarantines. The CECC has categorised Bhutan, Brunei, East Timor, Fiji, Laos, Macau, the Marshall Islands, Mauritius, Nauru, New Zealand, and Palau as low-risk countries, where the quarantine period for business travellers have been reduced from two weeks to five days. Meanwhile, Australia, Cambodia, Singapore, and Vietnam have been listed as medium-risk locations, with a shortened quarantine period of seven days. Business travellers are required to prepare and submit their supporting documents detailing their purpose of visit, agenda of business activities, schedules, and epidemic prevention plans prior to their departure. Upon their arrival, these travellers are required to undergo a polymerase chain reaction test on the final day of the designated quarantine period. A negative test result allows travellers to undergo "enhanced self-health management" until the 14th day after arrival. The enhanced self-health arrangement requires business activities to be kept at a minimum.
On 24 February 2021, the Hong Kong government announced in the 2021-22 budget that HKD934 million will be allocated to boost the tourism sector. Out of which, HKD169 million will be designated to promote local cultural, heritage and creative tourism projects while HKD765 million will be set aside for the Hong Kong Tourism Board ("HKTB") to roll out promotional offers post Covid-19. Dr YK Pang, Chairman of the HKTB mentioned that the HKTB has formulated short, and medium-to-long term strategies for the funding to maintain Hong Kong's tourism competitiveness post pandemic. Short term strategies include boosting domestic consumption to support local trade and organise large scale marketing and promotions to drive tourism recovery after international travel resumes. In the medium-to-long-term, HKTB aims to reinvent Hong Kong's tourism image to capture high-yield visitor segments. Currently, the HKTB has been working towards enhancing subsidy schemes, sponsoring participation in trade events, organising large scale events to maintain Hong Kong's international exposure. Apart from the HKD934 million budget, the government will also be handing out HKD5,000 e-coupons to eligible residents to fuel consumption.
HVS is the world's leading consulting and valuation services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 4,500 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe. Through a worldwide network of over 50 offices staffed by 300 experienced industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. For further information regarding our expertise and specifics about our services, please visit www.hvs.com.