Posts by WiT
Asia saving Asia: Visa-free travel for residents, safe travel protocols and new experiences for the times
04/08/2020 by WiT
Ideas collected from the wisdom of the crowd during the WiT Virtual Summit While it is clear that domestic travel is the immediate market for recovery at this time, the travel industry in Asia also needs to look ahead and think of ideas to get more Asians travelling since intra-regional travel w [...]
Malaysia puts bet on domestic tourism, nature attractions tipped to do well
04/08/2020 by WiT
2020 was meant to put Malaysia on the global tourism map with the ambitious Visit Malaysia 2020 campaign, which the country had hoped would bring in 30 million international tourist arrivals and add RM100 billion (US$364 billion) to the national coffers. Then came the coronavirus, and the campaign [...]
Amadeus reports “severely impacted” first half financial results
04/08/2020 by WiT
Amadeus has reported its financial performance in the first half was severely impacted by the Covid-19 travel shutdown. Revenue for the first half of the year, ending June 30, contracted by 54.7% to €1,281.2 million. Its EBITDA decreased by 83.6% to €194.1 million, and adjusted profits decl [...]
Global direct hotel bookings gaining some ground: D-EDGE
29/07/2020 by WiT
Driven by domestic demand, global hotel direct bookings from June are already reaching last year’s volume, according to data from D-EDGE’s newest edition of its Hospitality Recovery Tracker dashboard. D-EDGE has made this web-based tracker available globally as an “initiative to give b [...]
The Wrap: AAPA calls for easing of restrictions on international travel, WTTC Safe Travels get stamped by additional countries, and more …
29/07/2020 by WiT
The Wrap is a round-up of news in the travel and technology industries, and to keep track of developments in these sectors as the green shoots of recovery slowly take root. AAPA urges governments to ease “unduly onerous restrictions” on international air travel Most international flights [...]
E-commerce and e-logistics will continue to rise in ASEAN, with new players emerging
29/07/2020 by WiT
This report was compiled by RedSeer. E-commerce in ASEAN has come a long way since it began in the early 2010s. As we enter a new decade, the industry is poised for rapid growth in the region. The e-logistics market has followed a similar trend with new players emerging towards the latter half [...]
Technology key to recovery for Indian hotels post-Covid
28/07/2020 by WiT
Technology will play a key role in the long road to recovery from the Covid crisis for India’s hospitality industry according to a new report, Indian Hospitality at Tech Tipping Point, produced by RMS Cloud. The report, which provides an overview and analysis of the impact of technology on In [...]
The Wrap: NEC and SITA ink aviation agreement, CWT launches solutions to help revive corporate travel, and more
22/07/2020 by WiT
The Wrap is a round-up of news in the travel and technology industries, and to keep track of developments in these sectors as the green shoots of recovery slowly take root. NEC, SITA form global partnership to provide a “secure walk-through” airport journey A secure and automated airport [...]
Singapore to resume B2B events, experimenting with hybrid-virtual format
22/07/2020 by WiT
After announcing its domestic tourism recovery strategy, Singapore Tourism Board (STB) has also stated plans to resume B2B events over the course of the next few months. MICE events in Singapore have been suspended since March 2020, in light of the Covid-19 outbreak. To ensure events resume safe [...]
It’s all about home as $45m SingapoRediscovers domestic campaign launches
22/07/2020 by WiT
Singapore Tourism Board (STB), alongside Enterprise Singapore (ESG) and Sentosa Development Corporation (SDC), is pumping in $45m into a campaign to get locals to travel at home to try and “capture a sliver” of the $34b that Singaporeans spent on overseas trips in 2018. The S$45m budget, wh [...]