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Hong Kong’s best-known travel agency folds after 50 years as industry leader expects woes to continue for rest of 2022
One of Hong Kong’s best-known tour operators will wind up the business after 50 years amid a worsening local Omicron outbreak, with an industry leader expecting the travel sector’s woes to continue for the rest of 2022 at least.Morning Star Travel Services said on its website on Thursday that the board of directors had passed a resolution to voluntarily liquidate the firm under the Companies (Winding Up and Miscellaneous Provisions) Ordinance.It said the first meeting of creditors would be held…
Read the original article at South China Morning Post