SO far the recovery that South-East Asia’s tourism industry was hoping for in 2022 is shaping up to be anything but.
For two years hotels and resorts here have bided their time, hoping holidaymakers from Asia, Europe and Australia would come back to soak up the sun, rent a villa and breathe new life into an industry which at its peak in 2019 was valued at US$380bil (RM1.5 trillion).
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