WiT Seoul 2020: “Parasite” win puts spotlight on South Korea’s rising power in art, tech and travel
“The dynamism of Korea is now in travel”
When Bong Joon-Ho walked up the dais to pick up the Oscar for Best Film at the Oscars, you could almost hear the whole of South Korea cheering. The director of “Parasite” made history as the first Foreig [...]
The Wrap: Malaysia Airlines codeshares with Chile’s LATAM to build footprint in South America
News Roundup: Airlines forming partnership are in focus with Malaysia Airlines codesharing with LATAM Airlines Group, Japan Airlines in NDC partnership with Amadeus, Etihad’s tie-up with Norwegian tech firm to develop travel solution, Mongolian Airlines' collaboration with Sabre to grow routes
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Covid-19: APAC travel takes hit, SEA startups will struggle for funding
No
one doubts the impact of Covid-19 will be felt in every sector, from airlines
to hotels and startups. A report from Velocity Ventures, a VC fund based in
Singapore, for example, anticipates a drop in funding of 25% for startups in
South-east Asia. But all are keeping an eye on when recovery will [...]
Travelogix eyes APAC and South Africa in bid for international expansion
Travel
data management company, Travelogix has announced plans to expand in APAC and
South Africa over the course of the next few months. This move follows its
recent management buyout from Sweden-based Safeture AB last September. It aims
to increase its international market share of its Analytix p [...]
MakeMyTrip reports strong earnings, management role changes and discusses coronavirus impact
MakeMyTrip, India’s largest online travel agency, announced a strong double-digit year-on-year increase in adjusted revenue for the third quarter of fiscal year 2020 to $206.7 million.
During the
company’s third quarter earnings call, it also announced that founder Deep
Kalra has handed ove [...]
WiT South Korea Watch: Strong growth in online shopping, first Avani property in Busan, traditional heritage on show at Incheon airport
Highlights: Growing popularity of online shopping boost to retail e-commerce in wired South Korea, debut of Thailand-based Avani brand in Busan, Incheon Airport set to be showcase of Korean traditional heritage
South Koreans’ love for online shopping behind retail e-commerce's robust growth
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2020 touted as a “year in recovery” for Singapore tourism in face of Corona virus scares
Riding
off the back of four years of consecutive growth, the Singapore Tourism Board is
bracing itself for a rough year, and has estimated that visitor arrivals could
drop by 25 to 30%.
In the midst of the Corona virus (2019-nCoV)
crisis, multiple countries have released advisories dissuading t [...]
The Wrap: Cooperation not ‘arbitrary restrictions and blanket travel bans’ to deal with coronavirus: AAPA
News Roundup: Call by AAPA for cooperation and assurance of safe air travel over Covid-19 fears, JTB's-Agoda collaboration in powering new websites, AirAsia’s implementation of digital solutions to reduce carbon footprint;
Cooperation not ‘arbitrary restrictions and blanket travel ban [...]
It’s action-packed time in Middle East as Saudi opens up, consumers move to mobile, WorldExpo 2020 gets set to open
As WiT Middle East prepares to return to Dubai on April 7, it is clear the winds of change blowing through the region’s travel market have intensified with the opening up of Saudi Arabia in full swing, the continuing migration of consumers to mobile and, of course, the building up to WorldExpo 20 [...]
AI technology marked as having the biggest impact on travel, but stumbling blocks remain
According to Travel Technology Europe’s annual survey, 70% of respondents believe artificial intelligence (AI) will have the biggest impact on travel, with 55% saying that they have already invested or planned to invest in AI in the near future. Voice tech came a distant second (29%), with augmen [...]
