Posts by WiT
With 31% surge in passenger demand, air travel shows continuous recovery
06/12/2023 by WiT
The International Air Transport Association (IATA) has reported an increase in passenger demand for October 2023, indicating a continued recovery in the aviation sector. According to the latest data, total traffic for October, measured in revenue passenger kilometers (RPKs), witnessed a rise of 31. [...]
WiT Podcast: Expedia’s Torres says ‘don’t take technology for granted’
01/12/2023 by WiT
After 15 years at Google's marketing and advertising division, Rob Torres recently returned to his former home at Expedia Group as Senior Vice President of Media Solutions. Like many key figures in travel and hospitality, Torres has seen the industry shift and evolve over time, with technology drivi [...]
Downward trends projected in travel demand for Middle East
28/11/2023 by WiT
Operators on ground say they are not seeing immediate impact however ZYTLYN Technologies, the travel prediction platform, says it is seeing a strong downward trend in the predictions of the next 12 months for travel demand to the Middle East region, generated by its AI platform. Houman Goudarzi [...]
WiT Podcast: Expedia’s Bolda stays focused on traveller happiness amidst tech noise
24/11/2023 by WiT
Technology has come a long way in the last 20 years and Expedia has always evolved its tech platform to stay on the forefront of change. Now, travel and hospitality are at an inflection point driven by decentralised tech like Generative AI. As the Senior Vice President of Product & Technology at [...]
WiT Seoul: AI, social experiences, and next-gen OTAs are driving travel forward
23/11/2023 by WiT
Key insights from WiT Seoul 2023 This article originally appeared on Tidesquare.com As the travel and tourism industry continues its recovery post-pandemic, this year's WiT Seoul 2023 shed light on valuable insights and emerging trends shaping the landscape. Hosted by WiT and Tidesquare annually  [...]
Klook leverages Google Cloud to enhance customer engagement via advanced Generative AI
23/11/2023 by WiT
In a collaboration aimed at expanding customer engagement and the scope of digital experiences on its platform, travel services and bookings platform Klook has joined forces with Google Cloud. This partnership leverages the capabilities of Google Cloud's advanced generative AI to upgrade Klook's act [...]
Velocity Ventures invests in BYHOURS to support Asian expansion
20/11/2023 by WiT
The rising demand for microstays, particularly the unique 3-hour pack, indicates a trend in consumer expectations in the hospitality sector. Velocity Ventures, a hospitality and travel-focused venture capital firm headquartered in Singapore with a focus on the Hospitality and Travel industry in Sou [...]
WiT Podcast: Expedia’s Schulze and Nair on rising to the occasion in travel and hospitality
17/11/2023 by WiT
As a company, Expedia Group is no stranger to change - the company has been through many shifts in the travel and hospitality industry, from technological booms to slumps in the global economy, to the current AI revolution amidst a worldwide recovery phase. Similarly, two travel veterans, Greg Sc [...]
Phocuswright unveils Top 25 travel startups of 2024, 8% from Asia Pacific
16/11/2023 by WiT
New list spotlights pandemic-era innovations, with 17 startups born in the last three years PhocusWire, the media and news division powered by Phocuswright, has unveiled its list of the "Hot 25 Travel Startups for 2024" at The Phocuswright Conference in Fort Lauderdale, Florida. This year's sele [...]
Go City and Weixin Pay sign 3-year partnership, notes revenue growth from Chinese customers
15/11/2023 by WiT
Partnership to facilitate sightseeing experiences for Chinese tourists across Go City's platform Go City, a multi-attraction pass provider, and Weixin Pay, a payment feature within the Weixin app, have formalised a collaboration with the signing of a Memorandum of Understanding (MoU) at the Capitol [...]