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Thursday, December 06, 2007

REGIONAL DEVELOPMENTS - Lame ‘US$ effect’ on Asia

TTGasia, Nov 30 - Dec 6, 2007

In fact, some Asian destinations quote in US dollars, so their values are equally good, according to operators, although in cities such as Hong Kong and Singapore, rates have risen sharply with their greater focus on the corporate rather than leisure market.That said, Asia’s beach resorts’ share of the UK market may be diluted by the Caribbean, where prices are in US dollars, air lift is good and consumer image is positive.
Thus far, however, UK Far East specialists all report strong forward bookings for 2008, with all destinations doing well, except Malaysia, which is struggling due to a lack of direct flights and a lack of new products.

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