Lion Travel, Wu Fu Travel Q1 Profits High, Oil Price Hike Doesn't Dampen Travel Enthusiasm
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Taiwanese travel agencies Lion Travel, Wu Fu Travel, and Phoenix Travel announced strong performance in Q1 2024, despite the US-Iran conflict and rising oil prices. Lion Travel and Wu Fu Travel, in particular, recorded near-record profits, with robust demand for international travel to Japan, Korea, Europe, Australia, and New Zealand.