Tourism/Genting Spore: According to media reports, all China tours to the Philippines in Sep & over the National Day holiday, a week-long vacation that starts on Oct 1, have been cancelled due to a travel advisory. In fact, more than 1,000 tour groups from HK & the mainland have canceled trips to the Philippines after a deadly bus hijacking in Manila on Aug 23. The Chinese are also giving Thailand a miss, given the political uncertainty & bombing incidents in the kingdom.
It will be no surprise if some of these Chinese tour groups are being diverted to Spore instead. From what we know, Genting Spore’s Resorts World Sentosa is apparently preparing for big crowds during the China’s Golden Week in Oct. This will dovetail the F1 night race in Sep, which is expected to draw even more tourists than last year. It is no wonder that Genting Spore is showing no signs of letup despite being extremely overbought given the positive sentiment generated by these 2 events.
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