Article Abstract:
Cruise lines, hotels and airlines may yet be proven wrong in their estimates that New Year's Eve would be a total sell-out for them. As the time to pay nears, travelers are balking at the exorbitant rates that the travel sector, especially hotels, are imposing on them. Airlines have also not decided on their schedules since airports have not reported on their Y2K compliance. The lack of enthusiasm for millenium travel has prompted some sectors in the travel industry including hotels and cruise lines to offer discounts.
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Article Abstract:
Technology sales in Asia have slumped lately, while China maintains a healthy technology market. The high-tech growth rate for Asia is estimated to decline to 8% this year, compared to 20% in the year 2000. China, however, is expected to have its technology sales grow about 26% yearly between the years 2000 and 2004. Despite lower sales rates, the region of the Asian-Pacific is still forecast to remain the fastest-growing technology products region.
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Article Abstract:
This article discusses the Macau tourism industry, which is expanding again after the two year slump it suffered due to the regional economic crisis, a local crime problem, and the aftereffects of Hong Kong's return to Chinese rule. Macau is spending $35 million for its own handover night December 20. It is also inviting 2,500 VIPs and 3,000 journalists.
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