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Indonesia
Earthquake hits Yogyakarta, Indonesia no tourists affected
Monday, May 29, 2006
On Saturday earthquake measuring 6.3 on Richter scale hit the region of Yogyakarta in Indonesia causing many deaths and casualties. The epicentre was at 38 km south of Yogyakarta with 33 depth of Indian Ocean. According to the Ministry of Culture and Tourism of the Republic of Indonesia, the most affected area is Bantul, indicated by the casualties’ rates due to home collapses. To date, there have been no report on hotel collapse, but some minor damage happened such as wall cracking and tiles.

The number of reported death toll is 4,600 so far with about 80% of them to be from Bantul District. The official authorities of Indonesia also report that 20,000 got injured and more than 100,000 left homeless.

Further, there have been neither injured or overseas tourists nor casualties. Yogyakarta airport, which part of building was slightly affected, resumed normal operation on Sunday, 28th afternoon. The airport is used primarily for transporting relief-related goods and personnel.

Some countries have already made pledges to support Indonesia such as Japan, France, Malaysia and Singapore and the government of Indonesia appeals for aid in medical and food supplies. US and China offered 2 million dollars each.
Michael Verikios - Monday, May 29, 2006
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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