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How 3 Singapore travel companies stayed afloat when their entire business model disappeared overnight

An empty road outside of Singapore's Changi airport during the pandemic

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When Singapore closed its borders in March 2020, the number of visitors to the island plunged 99% from what it was the previous year. Then came the cancelation requests.

“Around 70% of our bookings were cancelled, and 30% were postponed,” said Krystal Tan, director of Blue Sky Escapes, a local travel company known for crafting off-the-beaten-path experiences in destinations like Bhutan and Peru.

She wasn’t alone.

“Overnight, bookings came to a standstill,” said Jess Yap, one of the founders of travel agency Intriq Journey, which launched in Singapore last January.

Thanks to the border closures brought on by the read more ⇒

Source:: BusinessInsider.Com

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