Travel and entry policies within the Asia Pacific region have progressed very differently since the beginning of the year.
Countries that ease travel restrictions benefit from a steep increase in bookings.
When the Australian government decided to reopen the country to tourists, international bookings for travel to the country jumped from 57% of pre-pandemic levels to 90%. Similarly in Indonesia, bookings have reached 84% of 2019 levels thanks to the lifting of travel restrictions from January this year.
On the other hand, China and Japan remain almost fully closed to international visitors and traffic – a situation that contrasts greatly with the recent developments in the region.
These travel policies will continue to hamper GDP growth in other Asian destinations.