PALAU BUSINESSES HURT BY SARS

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KOROR (Palau Horizon, June 16) — Some 38 business
establishments here said they have been adversely affected by the SARS outbreak.

According to a survey conducted by the Palau Chamber of
Commerce, the Palau Visitors Authority and the Belau Tourism Association, 38
companies, representing 55 percent of 84 businesses that responded to the
survey, reported that there was an increase in reservations cancellations and
losses of revenue starting March 1.

Among the hotels, for example, there were 30 cancellations which
amounted to over $57,000 in revenue losses.

Among tourism-related businesses, there were 37 cancellations
which had an equivalent of $261,652 in revenue losses.

The revenue decline covered the period from March 1 to May 19.

Businesses said 44 percent of the losses were attributed
directly to SARS.

Other businesses whose prime clients are hotels and restaurants
said "less tourists means less income for business."

The respondents said that as of May 19, the government directive
banning flights from SARS-affected countries had resulted in the loss of
$245,647 in revenues. There were also 41 cancellations among hotels amounting to
nearly $182,000 in losses.

June 16, 2003

Story via Marianas Variety: www.mvariety.com 

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