Posts by WiT
JejuAir buys into Eaststar, IMM takes stake in HanaTour, Yanolja buys Dailyhotel – pivotal moments as WiT Seoul 2020 returns
14/01/2020 by WiT
What a difference a year makes. South Korea’s travel market enters 2020 with a sense of anticipation as well as trepidation as to what the first year of the new decade will bring the industry. Consider the pivotal moments that happened in travel in 2019. Hyundai rescues Asiana Airlines; Je [...]
The Wrap: Plaza Premium Group commits US$55m to expand footprint globally
14/01/2020 by WiT
News Roundup: Plaza Premium Group adding new lounges and in-terminal hotels in more international airports, FCM Travel’s ‘minority’ investment in Shep, a US patent for Sydney-based Troovo Technologies Hospitality: Plaza Premium Group commits $55m to expand footprint globally Aerotel at [...]
Asia dominates passport power, citizens enjoy global mobility
08/01/2020 by WiT
Countries that embrace the new reality of global mobility are thriving, with their citizens having increasing passport power and travel freedom and other associated perks. And according to Henley & Partners’ Henley Passport Index, Asia has taken the lead. Its recently released report reve [...]
Air India signs distribution agreement with Amadeus after dropping Sabre (Updated)
07/01/2020 by WiT
Less than a week after exiting Sabre global distribution system (GDS) and ending a two-decade partnership, Air India has inked a new distribution deal with Amadeus. The agreement sees the Indian carrier returning to Amadeus after it withdrew its inventory in the GDS. The airline also has an a [...]
Beautiful Destinations’ Jeremy Jauncey on the challenges facing destination marketers and who’s getting it right
06/01/2020 by WiT
At the VidCon Asia Summit in Singapore in December, Jeremy Jauncey, CEO and founder of Beautiful Destinations spoke about the pressure tourism organisations are under to embrace digital, the role of social media content creators in travel marketing, and the importance of maintaining a focus on sust [...]
MATTA files legal action against rival travel association over trademark infringement
06/01/2020 by WiT
What’s in a name? A lot, where the 44-year-old Malaysian Association of Tour and Travel Agents (MATTA) is concerned as it now finds itself facing a rival travel association with a similar acronym - MATA. The acronym is that of the newly-registered Malaysia Association Tour Agency/MATA (Persatu [...]
2019: Tipping point for the reinvention of travel
06/01/2020 by WiT
Chetan Kapoor, co-founder and COO, of Videc, does a recap on the key events of 2019. Distribution Re-wired From IATA’s 202020 – 20 of IATA’s Leaderboard airlines to achieve 20% of their sales via the NDC framework in 202020; to Marriott and Expedia’s wholesale distribution agree [...]
What’s fuelling the rise in solo travel: Tapping into a growing market
30/12/2019 by WiT
Eric Gnock Fah, COO and co-founder of Klook, shares his thoughts on the market promise that's offered by the rise of solo travel. Eric Gnock Fah: Different reasons are prompting travellers of all ages to go it alone. Until recently, solo travel would have been a daunting concept for many peo [...]
Air prices to remain stable in 2020 amid global uncertainty
27/12/2019 by WiT
Political and economic uncertainty across the globe will contribute to a continued slowdown in demand growth for air travel in 2020, but airfares globally will remain relatively stable with only minor rise. This forecast in the Air Monitor 2020 published by American Express Global Business Trave [...]
Malaysia Airlines gets clearance for joint business with JAL, but yet to find strategic partner
24/12/2019 by WiT
Malaysia Airlines and Japan Airlines (JAL) are ready to launch a joint business structure in 2020 following a decision from the Malaysian Aviation Commission (MAVCOM) to grant an individual exemption and Japan's Ministry of Land, Infrastructure, Transport and Tourism to grant an antitrust immunity. [...]