A Christmas to remember
2021 - a year to forget or remember? Industry leaders like Choe Peng Sum, Nathan Yong, Ivan Heng, Max Lee and more weigh in on tough year
Choe Peng Sum CEO, Pan Pacific Hotels Group
WHEN 2021 came and with it the availability of vaccines, we were hopeful for a turn for the better. However, the Delta variant came and now Omicron. The hospitality industry remained challenging as the skies were closed for most of the year, and visitor arrivals to Singapore saw a drop of 90 per cent compared to pre-Covid years.
So I'm thankful that our global business results remained positive, and specifically for the various government reliefs in Singapore and Australia which contributed to our cashflow.
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