As the coronavirus crushed the dreams of many travel enthusiasts this year, the tourism industry is facing a bleak winter. But in Taiwan, where a lockdown has never been imposed, locals are overcoming the Covid-19 fears with “revenge outings” and domestic travel.
After Taiwan shut its borders to tourists in March, the local tourism businesses have suffered major revenue losses. One Taipei-based lifestyle startup, however, is rebounding much quicker than its competitors.
FunNow, an instant booking app, reports having a 60-percent year-over-year growth in its Q2 revenue, bolstered by locals hungry for entertainment. Meanwhile, a similar travel booking company based in Hong Kong, Klook, reduced its workforce and executive payroll to survive the Covid-19 crisis.
