INTERVIEW: Crises show mettle of 30-year-old hotel groupFormosa International Hotels Group lost 90 percent of its business to COVID-19 in March and April, but has since May staged a V-shaped comeback for properties outside Taipei. How does Formosa International Hotels Group (FIH, 晶華酒店集團) fare this quarter and beyond? Even then, business travel will be 80 to 90 percent of what it was prior to the pandemic. Formosa International Hotels Group chairman Steven Pan addresses a forum on tourism’s transformation in the post-COVID-19 era at the Mandarin Oriental Taipei on Aug. 11. Pan: Local tourism will continue to thrive next year when there will still be very limited international travel due to lingering border controls.

Source: Taipei Times September 18, 2020 15:56 UTC