Quick takes
/LinkedIn targets virtual events
It is difficult to tell where all of this is headed, but there is certainly a lot of action and change in the virtual events space.
HK travel trade show going ahead
Local Hong Kong exhibition organiser, TKS Exhibitions, is pushing ahead with its travel trade show, ITE Hong Kong 2020, in August. Hopefully that is a sign of good things to come for both the events industry and the travel industry.
Reed’s BookExpo was virtually successful
The New York Times reports that the “publishing industry’s annual event, normally staged at the cavernous Javits Center, moved some programming online and reached a big digital crowd.” But does a big digital crowd equal a real success for the exhibitors?
Cathay Pacific gets US$5b from government
The Hong Kong government will put US$5 billion into ailing Cathay Pacific. After the transaction, the government will own about 6% of the airline. Hopefully, this will be enough to get Cathay back in the air. The Swire Group currently owns 45%. Air China owns 30% and Qatar Airways owns 10%.
Business Traveller article and Bloomberg article
Border restrictions in Asia are easing
Last week, Hong Kong announced that it would remove quarantine requirements for visitors from Mainland China on 7th July and other international destinations on 18th September. This week Singapore is considering opening it borders to China and Malaysia.