He said the social unrest starting last year and the pandemic have taken an unprecedented toll on the business of guest houses and hotels. Hotel room rates dropped by 31 percent year on year in the first quarter of this year, and the drop accelerated to 39 percent in April, he said. Yau said the government had set up support scheme to provide relief for licensed guest houses and hotels. Big Line Holiday said that it has temporarily suspended all overseas tours and required its staff to continue with no-pay leave. Miramar Travel said it cannot resume overseas tours in the short term, as most flights have yet to resume.

Source: The Standard June 03, 2020 19:15 UTC