Destinations known | Can the expected travel bubble burst Hong Kong and Singapore’s supposed rivalry?
- With an air travel agreement expected within weeks, interest in each destination has spiked but not everyone is satisfied
- The competition between the two Asian financial powerhouses must now adapt to account for Hong Kong’s new national security law
If you believe everything you read, Hong Kong and Singapore have long enjoyed a healthy rivalry, battling it out for financial supremacy in Asia. In February, The Financial Times reported that Covid-19 had introduced a new dimension to the struggle, “their ability to deal with epidemics”. To date, Hong Kong has the edge in terms of total cases, with about 5,200 to the Lion City’s almost 60,000, but Singapore is doing better when it comes to fatalities, recording just 28, compared with 105 in the SAR.
Although no date has been given for the launch of the ATB, Hong Kong’s secretary for commerce and economic development, Edward Yau Tang-wah, said he had “every confidence that the ATB arrangement can come to fruition very soon”.
Travel-starved Hongkongers quickly dropped any sense of superiority over the Southeast Asian city state, with Expedia recording a 400 per cent increase in searches for flights to Singapore. Singaporeans are almost as excited about the prospect of a Hong Kong getaway – Expedia saw an increase of almost 380 per cent in searches for flights from Singapore to Hong Kong in the first 24 hours after the announcement – and prices for round-trip tickets have risen in both cities.