No Vacancy & TRAVELtech to expand under new owners
Australia’s key industry events No Vacancy and TRAVELtech will return on a bigger platform under its new owners National Media which acquired the two events from founder Martin Kelly.
Grounded in “strong industry recognition and credibility”, both events will be expanded said National Media [...]
e27’s TOP100 plays matchmaker between startups and investors
As part of the run up to Echelon Asia Summit in June 2017, e27 is revamping TOP100 – its annual startup pitch competition and conference exhibition showcase – by playing matchmaker between startups and their ideal investors. All startups need to do is fill out an online profile.
TOP100 will [...]
Kuching Heritage Race: ‘Running’ for charity
The second Kuching Heritage Race in Sarawak's capital city on February 25 raised RM40,000 (US$8,992) for charitable causes and projects benefitting the community.
The race was initially slated for January 14, but was postponed as a token of respect for the late Sarawak Chief Minister Datuk Pating [...]
With eye on Asia, citizenM rolls out first hotel in South-east Asia
citizenM is expanding its footprint in Asia with the completion of a new hotel in Kuala Lumpur in 2018– this is the group’s debut in South-east Asia and its third in the region.
Allan Yip (VP Marketing, Distribution and Brands, Artyzen Hospitality Group) said, “Artyzen Hospitality Group is [...]
Co-working space Spacemob Ascent to launch at Singapore Science Park
Singapore co-working space, Spacemob is set to open their second location by the end of March 2017 at their new digs in Singapore Science Park.
The launch of the new 14,000 square foot space came to life under Spacemob’s partnership with Ascendas-Singbridge, who specialise in sustainable urban [...]
Klook secures US$30 million funding, plans to accelerate global expansion
Klook Travel (Klook), Hong Kong-based tour and activities booking startup, announced on March 2 it has raised US$30 million in Series B funding.
The investment round was led by Sequoia Capital China along with existing investors Matrix Partners and ex-Tencent executive-backed Welight Capital.
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The Wrap: Tokyo overtakes Hong Kong as most expensive city for business travel
In the news: ECA International’s Daily Rates research report, IATA's NDC aggregator certification for Travelport, CarTrawler and Justfly team up, H.I.S. Travel and Amadeus’ expense management solution
MARKET INTELLIGENCE: TOKYO OVERTAKES HONG KONG AS MOST EXPENSIVE CITY FOR BUSINESS TRAVEL
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Amadeus heads into new year with strong 2016 showing
Amadeus has attributed its strong profit figures to its distribution and IT solutions businesses and also its acquisitions.
According to the recently released financial statements on its full year results ending December 31, 2016, Amadeus achieved adjusted profit of €911.0 million (US$963 milli [...]
WIT Specials: Airbnb reimagines a new breed of OTA with its venture into Trips
Even as regulations are being placed on alternative accommodation around the world, Airbnb is entering a second travel vertical – tours and activities – with its November 2016 launch of Trips.
And as with the accommodation space, it raises many questions – what kind of impact will it have o [...]
WIT Specials: “Regulations around alternative accommodation overdue”
The big news to hit the newstands in past weeks was of Singapore being the latest city to crackdown on alternative accommodation, leaving a noticeable fissure in Airbnb’s global profile. Singapore follows suit behind New York, Los Angeles, London and Barcelona.
While consumers are up in arms ab [...]
