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Asia may be the first and last of Covid’s pandemic, according to travel services companies

On June 14, 2021, at a movie theater that became a vaccination center in Taguig, a suburb of Manila, healthcare professionals prepare vials of China’s Sinovac vaccine against Covid-19 coronavirus disease.

Ted Algibe | AFP | Getty Images

Singapore — According to Asia Pacific President of Travel Services, Asia is the first epicenter of the Covid-19 outbreak and could be the last region to break out of the pandemic, especially when it comes to travel.

“Unfortunately, Asia entered the pandemic first. Thanks to the vaccination rate, we expect it to be the last from the pandemic,” said Todd Hand of the Collinson Group, which offers a number of travel-related services. The cook says. Insurance and airport lounge operations.

According to Our World in Data, only 22.26% of people in Asia receive the Covid-19 vaccine at least once. By comparison, that figure is 53.03% in the United States and 63.56% in the United Kingdom.

Global vaccine distribution is very unfair … and Asia, especially Southeast Asia, suffers from it.

Alicia Garcia-Herero

Natixis, Chief Economist in Asia Pacific

Handcock told CNBC’s “Street Signs Asia” Wednesday that more people in the US, UK and Europe are starting to travel again.

“For the past few months, we’ve seen really good domestic travel in markets like China, the United States and Russia,” he said.

“But from an international perspective, vaccination rates are starting to rise. The UK is now one of the world’s leading leaders. Travel is steadily increasing.” , He added.

Slow vaccination campaign

But beyond that, Garcia-Herrero pointed out that Asian vaccines have “huge” anxieties. This is somehow, or at least not as common, in Europe and elsewhere in the world. “”

In some parts of Asia, including Taiwan and Vietnam, the virus was mostly successfully contained, but then revived.

A Natixis report released in May states that “more effective containment of vaccines in Asia has led to less urgency.” That’s aside from skepticism about the newly developed vaccine, the report says.

Carrot or stick approach?

Some Asian countries have introduced incentives to further encourage vaccination beyond the free donuts and popcorn offered in the United States.

In Hong Kong, there is a lucky draw for vaccinated residents. Best award? A new one bedroom apartment worth about HK $ 10,800,000 ($ 1.39 million).

IndiGo, India’s largest passenger airline, offers discounts to customers who have been vaccinated at least once. According to the company’s press release, booking a flight will give you a 10% discount on the base fare.

Meanwhile, in the Philippines, President Rodrigo Duterte is threatening people in prison.

“Whether you choose, the vaccine, or I will imprison you,” Duterte said in a broadcast Monday, according to Reuters. The comment came after reports of low turnout at the vaccination center in the capital Manila.

According to Reuters, the president’s statement contradicts instructions from his health authorities that vaccines are voluntary.

— CNBC’s Christina Farr, Hannah Miao, and Yen Nee Lee contributed to this report.

Asia may be the first and last of Covid’s pandemic, according to travel services companies

Source link Asia may be the first and last of Covid’s pandemic, according to travel services companies

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