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Reporting live from ATF 2010, Brunei Darussalam
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Market in good healthOllie Quiniquini, Mimi Hudoyo, Sirima Eamtako, S Puvaneswary and Karen Yue (2010-01-28)
THE worst patch of the global financial crisis may be over but ASEAN is not yet completely out of the woods. Longhaul markets' improving economies do not signal an immediate return to pre-crisis levels as consumers remain cautious. Growth is therefore likely to be fuelled by regional destinations.
European recovery is varied, at best. Switzerland, for one, is still struggling with unemployment and other post-recession fallouts. Hotelplan and Kuoni Switzerland are running just one weekly charter to Phuket for the current winter season instead of the usual two, said senior product manager Asia/East Africa Christoph Infanger.
Ukraine-based Travel Professional Group, on the other hand, was confident its Labour Day charter to Bali, Phuket and possibly Langkawi would do better than its 2009 charter that was only 60 per cent filled.
- Full report in TTG Asia
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