A short clip released by a Malaysian news agency went viral recently, showcasing the reality of the country’s hotel industry during the pandemic. In the video, a manager of a hotel in Malaysia’s popular tourist state of Penang was seen carrying a placard up and down the street with “RM3 Only” (US$0.74) written on it.

It is clear that big changes will occur in the hospitality industry within the next 10 years, and these shifts will be largely the result of globalisation. The globalisation of trade and the economy has directly impacted the price of travel.

Hoteliers around the world have been hit by a seismic shock wave this year.

Hotels on Thailand's most popular holiday island have been forced to slash prices with rooms left vacant and beaches sparse as tourist chiefs struggle with a plunge in Chinese visitors caused by the US trade war and a stronger baht.Located on the Andaman Sea and known for its beaches and nightlife, sun-drenched Phuket was the most visited destination in the country last year after Bangkok and a good gauge of the state of its crucial travel industry.Tourism accounts for 18 percent of Thai

The Philippines is aiming to strengthen its claims in the South China Sea by potentially building hotels for tourists on its biggest island in the disputed waterway, officials said Tuesday.Manila has administrative control over Thitu – the second-largest naturally occurring landmass in the Spratly archipelago – and wants to bolster its sovereignty by adding new infrastructure.In doing so it will be following in the footsteps of China, which also stakes ownership claims to the Spratlys – along

Religious and world leaders have condemned a series of blasts in Sri Lanka that killed at least 290 people on Sunday, including dozens of foreigners with British, Dutch and American citizens believed to be among them.Japan also confirmed one of its citizens was among those killed by the bombs which ripped through high-end hotels and churches holding Easter services.Here is a summary of the reactions:Pope: 'Cruel violence'Pope Francis expressed his sadness over the attacks during his

A series of eight devastating bomb blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka on Sunday, killing at least 207 people, including dozens of foreigners.The apparently coordinated attacks were the deadliest to hit the country in the decade since the end of a bloody civil war that killed up to 100,000 people and evoked painful memories for many Sri Lankans.They also marked a devastating escalation of violence against the country's Christian minorit