Hard-hit hotel and tour industry hopes for more aid

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Title : Hard-hit hotel and tour industry hopes for more aid
Category : Malaysians

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Hard-hit hotel and tour industry hopes for more aid

The Covid-19 crisis will cause losses of up to RM60 billion in foregone tourist receipts, according to a research study.PETALING JAYA: A new aid package for small-medium enterprises has given hope to hoteliers and travel groups of further government support measures for their ailing industry. Representatives of the Malaysian Association of Tour and Travel Agents (Matta), Johor Tourism Association and Malaysian Association of Hotels (MAH) said there was a need for a focused package for the industry as it was one of the worst-hit by the Covid-19 crisis. Matta president Tan Kok Liang said the tourism industry was the first to feel the economic impact of the pandemic and will be the last to recover. He said there should be more focused financial aid for the sector. He welcomed the RM10 billion package for SMEs as many tourism companies were in that category. However, the wage subsidy …

The Covid-19 crisis will cause losses of up to RM60 billion in foregone tourist receipts, according to a research study.PETALING JAYA: A new aid package for small-medium enterprises has given hope to hoteliers and travel groups of further government support measures for their ailing industry. Representatives of the Malaysian Association of Tour and Travel Agents (Matta), Johor Tourism Association and Malaysian Association of Hotels (MAH) said there was a need for a focused package for the industry as it was one of the worst-hit by the Covid-19 crisis. Matta president Tan Kok Liang said the tourism industry was the first to feel the economic impact of the pandemic and will be the last to recover. He said there should be more focused financial aid for the sector. He welcomed the RM10 billion package for SMEs as many tourism companies were in that category. However, the wage subsidy …


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