TTG Asia
Asia/Singapore Friday, 23rd January 2026
Page 753

Accor sets out to fill over 1,200 vacancies in Australia, New Zealand

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Japan plans for reopening but holds breath on tourist entry

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Japan may permit the entry of foreign business travellers and students as early as this month

The Japanese government is expected to reopen international borders to transient business travellers and visitors arriving for education and technical training as soon as this month, according to a report by Nikkei.

Tourists will be excluded in the initial immigration policy change, which has been in place since January 2021 to curb the spread of more-contagious coronavirus variants.

Japan may permit the entry of foreign business travellers and students as early as this month

The quarantine requirement for short-term business travellers will be reduced from 10 days to just three, although companies and organisations will be required to monitor the activities of their foreign guests.

The shorter quarantine requirement will also apply to Japanese nationals returning from business trips abroad.

According to Nikkei, Tokyo is prepared to reimpose tighter controls quickly if new variants emerge overseas.

Garuda Indonesia teeters close to bankruptcy

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The Indonesian government has prepared contingency plans to rescue the embattled national carrier Garuda Indonesia, including an option to liquidise the airline should restructuring programmes fail.

According to various news reports, Pelita Air Service, a subsidiary of state-owned oil company Pertamina, could take over Garuda’s domestic routes should liquidation be inevitable.

Indonesia’s government may shut Garuda and find a new flag carrier should the airline’s restructuring fail

Kartiko Wirjoatmodjo, deputy minister of State-Owned Enterprises, said that the debt negotiations and restructuring was underway with all lenders, aircraft lessors, and global sukuk (syariah bond) holders.

“Should the restructuring fail, we have no other option but to close it and find a new (national flag carrier) as it is impossible for (the government) to inject capital with such debt value,” he added.

Facing its worst crisis since its inception in 1947, Garuda’s debts have hit 70 trillion rupiah (US$4.9 billion) and may continue to increase by one trillion rupiah each month due to continued delays in payments to suppliers.

Garuda’s May 2021 financial report showed that the airline only earned about US$56 million, while the aircraft rental was US$56 million, aircraft maintenance, US$20 million; fuel, US$20 million; and salaries, US$20 million.

The airline is negotiating terms with aircraft lessors and is talking with banks and business partners to restructure its loans, as part of a suspension of debt payment obligation process, where the entire stock of debt will be subject to negotiation.

Apart from piling up debts, Garuda is facing a number of civil lawsuits from lessors due to its failure to pay rent. Meanwhile, its inability to pay sukuk totalling US$500 million also resulted in its trading suspension from the Indonesia Stock Exchange since June.

The financial pressure on the airline will intensify amid mounting losses, especially given the pandemic’s enduring impact on the aviation industry.

Besides renegotiation, Garuda has also restructured its management to improve its business performance. The airline has laid off 2,300 employees, streamlined its management team, and implemented pay cuts. It has also returned 20 planes and is negotiating to return 101 more aircraft, which will leave the carrier with a fleet size of 42.

Irfan Setiaputra, president of Garuda, said: “We have to go through a total restructuring, (otherwise) the company could face sudden termination.”

Artotel to rebrand Vue Palace Hotel in Bandung

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An Artotel property is set to open in the city centre of Bandung city, West Java next year, following the rebranding of Vue Palace Hotel.

Artotel Group has signed a MoU with a public company on behalf of PT Planet Properindo Jaya Tbk to transform the four-star Vue Palace Hotel into an Artotel branded mid-scale boutique hotel.

Vue Palace Hotel will reopen as Artotel Vue Palace – Bandung next year following a renovation 

In operation since 2008, Vue Palace Hotel features 102 guestrooms, alongside a restaurant and bar, swimming pool, fitness centre, spa, and a 350-pax capacity meeting room.

In 2022, Vue Palace Hotel will undergo a name change to Artotel Vue Palace – Bandung, and its guestrooms and public spaces will showcase various artworks curated by the group’s art and creative division.

Artotel Group will also transform the restaurant and bar into a destination for meetings, gatherings, and hangouts. During the transition period to renovate the hotel with a new concept, Vue Palace will be running as usual but under the name Vue Palace, Artotel Curated.

Erastus Radjimin, founder & CEO of Artotel Group, said that the rebranding of Vue Palace Hotel into a lifestyle boutique hotel is to appeal to the younger segment, which he calls “a huge potential market in Indonesia”.

Vue Palace, Artotel Curated is the second hotel operated by Artotel Group in Bandung, after De Braga by Artotel.

Royal Caribbean plots course to net zero

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SPTO partners with ForwardKeys to enhance tourism recovery

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ACI APAC urges more govts to reopen borders to boost airport business

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In order to prevent a repeat of a dismal year for Asia-Pacific and Middle East airports, Airports Council International (ACI) Asia-Pacific has urged more governments to reopen borders and relax quarantine requirements, especially in countries which have reached satisfactory vaccination rates.

This follows the release of latest figures forecasting sustained losses this year for airports in Asia-Pacific and the Middle East.

Airports in Asia-Pacific continue to be impacted by travel and quarantine restrictions across the region

Asia-Pacific, already adversely affected by constant lockdowns, stringent travel and quarantine restrictions, is forecasted to close out the year with around 56 per cent passenger losses, despite resumption of some domestic travel in a few markets.

Consistent with forecasts previously reported in 2020, the Middle East will be one of the hardest-hit regions globally with almost 70 per cent passenger losses.

Compared with ACI’s pre-pandemic projections for the same period, the two regions are forecasted to lose over 2.3 billion passengers by the end of this year. Similarly, airport revenues, a direct reflection of passenger traffic, are forecasted to decline by approximately US$34 billion in Asia-Pacific and US$11 billion in the Middle East by the end of this year.

“The latest ACI forecast shows that after a bad 2020 in terms of traffic and revenues, 2021 was even more dismal for Asia-Pacific and Middle East airports,” said Stefano Baronci, director general, ACI Asia-Pacific.

The particularly negative outcome in Asia-Pacific is a direct consequence of travel restrictions and quarantine policies observed in many countries in the region.

“A repeat of the dismal 2021 can be avoided for 2022 if more governments can adopt the risk-based, pragmatic approaches recommended by ICAO and the WHO. In pursuit of boosting international travel and stimulating economic growth, some countries are applying these approaches, such as Singapore, Thailand, Fiji and the Maldives along with several Middle East and European countries and the US,” Baronci added.

“By the end of 2021, more major economies in Asia would have fully vaccinated over 70 per cent of their populations, bringing an additional layer of protection against the coronavirus.

“With continued careful monitoring of public health situations through indicators such as hospitalisation and mortality rates, more governments are urged to expedite the calculated risk of relaxing quarantine policies, and follow the global trend of adopting digital health certificates with a view of supporting the resumption of international air travel.”

Emirates and Maldives reaffirm partnership

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Standard names Amber Asher as new CEO

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The Standard has appointed Amber Asher as CEO of Standard International, parent company of Standard Hotels, Bunkhouse and Peri Hotels.

Asher succeeds Amar Lalvani who has been promoted to executive chairman, after serving as CEO for the past eight years.

Amber Asher

In her new role, Asher will be responsible for overseeing all aspects of the business. Her priorities include identifying and cultivating talent, building and mentoring successful teams and innovating in the hospitality sector.

Asher started her work with The Standard approximately 10 years ago as executive vice president and general counsel. In 2013, she led the sale of a majority stake in the brand to Standard International which was formed by Lalvani to make the acquisition and grow The Standard brand.

Following the successful closing of that transaction, she became the executive vice president and general counsel of Standard International and went on to be promoted to president in 2017.

Prior to joining The Standard in 2011, Asher served as the associate general counsel and senior vice president of Morgans Hotel Group where she oversaw all legal matters related to development, operations, intellectual property, employment, food and beverage, and financing.

Singapore travellers can now add vaccine certificates to Google Pay app

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