TansAsia Plan Crash to have Minimal Impact on Taiwan Tourism

Published By : 06 Feb 2015 | Published By : QYRESEARCH

After distressing images flashed across televisions on Wednesday of a TransAsia Airways Corp. plane taking a nose dive from the sky, crashing into a roadway and falling in a river in Taipei, most were certain that this crash would translate into quite a challenge for the airline. However, industry analysts and travel agents have said that this incident is likely to have a rather limited impact on the tourism industry in Taiwan.

The Taiwan tourism sector has always been increasingly dependent on travelers from mainland China. These travelers will, at all costs, continue with their Lunar New Year holiday plans. This is considered to be a peak season for leisure as well as business travel on either sides of the Taiwan Strait.

Travel agents in mainland China and Taiwan presented sporadic cancellations of well known group tours to Taiwan on Thursday. However, most of the agents said that business had not really slowed down. 

The top source of tourists for Taiwan is mainland China and an estimated four million tourists visited the region last year. This was an increase of 39% from the previous year. The Tourism Bureau of Taiwan has maintained a daily limit of approximately 5,000 people travelling in tour groups from mainland China. This quota will most likely and easily be filled in the coming few weeks. CLSA, a brokerage company in Hong Kong, forecasts that the total number of outbound travelers from China will reach 200 million in the year 2020. Moreover, the number of visitors travelling from China to Taiwan will reach an estimated 9.4 million by the same time.
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