Posts by WiT
Javier Laforgue to head Amadeus APAC at “time of renewal”
10/08/2022 by WiT
AMADEUS has appointed Javier Laforgue as Executive Vice President, Travel Unit & Managing Director, Asia Pacific where he will oversee Amadeus’ business across the region. Javier brings more than two decades of travel industry knowledge to Asia Pacific with extensive experience in various seni [...]
Longhaul makes a comeback, hotel and flight demand stay strong during Q2
10/08/2022 by WiT
Despite a variety of  industry and economic  headwinds, travel demand remained strong –  “people still found a way to travel, and in many cases, went further afield,” said Jennifer Andre, global vice president, Media Solutions, for Expedia Group following the release of its Q2 2022 Travele [...]
The Wrap: Cheers all round as Q2 earnings soar for travel brands
04/08/2022 by WiT
GOOD news all round as major travel companies report buoyant results for their second quarter. Here’s a wrap of the latest earnings from Phocuswire over the past week. Airbnb achieves most profitable Q2 in history Airbnb says its financial results for the second quarter of this year prove the co [...]
Velocity Ventures takes stake in big data and predictive analytics startup
03/08/2022 by WiT
SINGAPORE-based travel and hospitality fund, Velocity Ventures, has invested in ZYTLYN, a Switzerland-based startup that uses big data and machine learning to give companies the ability to optimise critical decision-making through predictive insights for travel demand. Its proprietary prediction [...]
D’EDGE names Accor marketing veteran as new MD APAC
03/08/2022 by WiT
D-EDGE Hospitality Solutions has named Accor marketing veteran Emilie Couton as APAC managing director, replacing Christine Tan, who led the business for seven years. Couton was formerly with Accor, covering sales, digital marketing, guest experience and loyalty roles, over 20 years, the last [...]
DayAway launches Genesis, NFT-enabled membership with immediate utility
03/08/2022 by WiT
“The Bucket List” in the works to be auctioned as 1:1 NFTs DayAway, the  platform established in 2021 to discover and book luxury daytime experiences, is on a renewed mission to transition its Web2 business to the open and decentralised Web3.   Taking the experience economy into the metave [...]
Google Trends point to resurgence of travel in South-east Asia
01/08/2022 by WiT
IN its latest e-Conomy SEA findings of July 2022, Google's travel industry spotlight reported that search demand for international travel in June surpassed 2019 pre-pandemic levels across South-east Asia. South-east Asia was the second fastest growing travel destination area – with Singapor [...]
PTT OR takes stake in Traveloka to expand into travel
28/07/2022 by WiT
AS part of its bid to expand into the travel sector and to become a one-stop lifestyle solution, PTT Oil and Retail Business Public Company Limited ("OR") will invest in Traveloka, through its subsidiary, PTTOR International Holdings (Singapore) Pte Ltd. Its website describes PTTOR as engaging � [...]
Labour, fintech & blockchain and loyalty – the 3 investment themes with velocity
26/07/2022 by WiT
Singapore-based travel and hospitality fund, Velocity Ventures, has picked three investment themes for the second half of 2022 – labour solutions, fintech and block chain solutions and brand growth and customer loyalty. Supporting its thesis in its 2H 2022 Travel and Hospitality Strategy & [...]
The Wrap: Klook, STB join forces on travel recovery, rezio picks payments partner, AirJapan goes with Radixx,
28/07/2022 by WiT
Klook, STB sign deal to drive travel recovery Klook and Singapore Tourism Board (STB) have launched a partnership to drive travel recovery across South-east Asia and promote Singapore as a destination. The partnership, launched in June 2022, builds on the collaboration agreement signed in 2020 and [...]