The Wrap: It’s all about partnership – STB with Traveloka and Trans Digital, Trip Affiliates Network with TX Travel Indonesia
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more …
STB, Traveloka, Trans Digital Media join forces to revitalise Indonesians’ wanderlust to visit city state
SINGAPORE is gear [...]
Chain4Travel, founded by three veterans, raises Sfr4.3m to build blockchain platform
CHAIN4TRAVEL, founded by three travel veterans, has raised seed funding of Sfr4.3 million for the development of its blockchain-based travel platform, known as Camino, as well as chase growth for the company.
The Switzerland-based business combines the experience and expertise of Ralf Usbeck, who [...]
Fintech investment high priority for travel businesses to capture rebound
NINE out of 10 leaders in the travel businesses view fintech and payments as a high priority, while 80% of businesses stated they plan to match or go beyond 2019 investment level this year.
According to Amadeus' Travel Fintech Investment Trends 2022 report, which surveyed over 70 senior leaders f [...]
Yanolja Cloud invests in PMS platform InnKey to accelerate its global hospitality solution business
AI-based SaaS (Software-as-a-Service) company, Yanolja Cloud has invested in InnKey Infosystems Pvt. Ltd, a provider of cloud-based enterprise PMS platform for premium hotels and chains, to accelerate its global hospitality solution business.
Terms of the deal have not been disclosed.
India-b [...]
Trip.com Group releases ESG report highlighting its sustainability practices
TRIP.COM GROUP has released its 2021 annual Environmental, Social and Governance (ESG) report highlighting its sustainability practices across the business over the past year.
The report also outlines the company’s roadmap for success in 2022, with a focus on greater opportunities to put susta [...]
Resurgence of travel in APAC driven by easing of restrictions and pent-up demand
NEW research from the Mastercard Economics Institute reveals that for the first time since the pandemic global leisure and business flight bookings surpassed pre-pandemic levels, while spending on cruise lines, buses and trains saw sharp improvements this year.
The Travel 2022: Trends and Transit [...]
Japan, China remain big gaps in APAC’s travel rebound
Amid Japan’s tentative reopening, Indonesia’s removal of tests, IATA’s Walsh calls for acceleration of recovery
THE two big gaps in Asia Pacific’s aviation recovery are China and Japan, noted Willie Walsh, IATA’s director general, in his keynote address at the Changi Aviation Summit thi [...]
The Wrap: Klook and KAYAK expanded partnership, Sabre’s acquisition of Nuvola, Tourism Malaysia-Emirates MOC
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more …
Klook, KAYAK expand partnership, integrate activities inventory
Travel and leisure e-commerce platform Klook and travel searc [...]
Global search volume up, improved lodging performance, new report finds
NEW data shows rising travel intent and growing traveller confidence contributed to longer search windows and improved lodging performance
The insights from the Expedia Group Media Solutions Q1 2022 Travel Trend Report are from data collected from Asia Pacific (APAC), Middle East, and Afri [...]
Sabre maps how the pandemic has changed travel
SABRE Corporation has released a new global travel industry study, ‘Mapping Travel’s New Normal’, which identifies prominent shifts in travel.
The wide-ranging study, highlighting the different areas of focus for airlines and travel agencies, involved both quantitative and qualitative resea [...]
