Slow recovery a setback for hotels, but there're encouraging signs

THE recovery for the travel industry remains slower than expected, throwing a spanner into the works for the hotel sector as peak season looms.

The International Air Transport Association was previously banking on international borders re-opening by the fourth quarter of this year, but those hopes are rapidly dimming as subsequent waves of infection prompt countries to keep their borders tightly sealed.

Singapore, for its part, has established fast lane arrangements with countries such as China, Malaysi…

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