Insights
Q1 | 2023 Asia Situation Update
Overall, there has been a stabilization reported in many countries. The pace of change has stabilized. However, the costs and pricing continue, in most cases, to remain high. In other words, we have not reverted to the status quo of prepandemic availability and pricing. What is happening is more of a reset that considers lower […]
Insights
China Border Opens
After three years of strict entry and quarantine measures related to China’s “Zero-Covid” policy, the borders are opening. As of January 8, China has loosened its COVID-19 restrictions for international travelers. According to the State Council of China, there will no longer be centralized quarantine or PCR testing upon arrival in the country. Instead, travelers […]
Insights
Q3 ASIA UPDATE | INFLATION – PRICING – CAPACITY
Price and availability continue to reflect the local impact of more open borders and the influx of more expatriates to Asia. Countries have modified entry regulations, removing barriers and shorten quarantine requirements. Those locations with more recent relaxations are just beginning to see availability decrease. Price increases follow. The changes from last quarter reflect […]