Travel searches grow, behaviour and attitudes shift
BUILDING on the momentum seen in the first quarter, monthly global search volumes continued to grow in Q2, increasing more than 70% quarter-over-quarter, according to the Q2 2021 Travel Recovery Trend Report released by Expedia Group Media Solutions.
“The ongoing rollout of Covid-19 vaccines� [...]
Perseverance pulled airlines through worst year on record
“2020 was a year that we’d all like to forget. But analysing the performance statistics for the year reveals an amazing story of perseverance,” said Willie Walsh director general of the International Air Transport Association (IATA)
He was commenting on the resilience of the industry in na [...]
AirAsia’s BigPay secures US$100m from South Korea’s SK Group to grow its financial businesses
BigPay, the fintech unit of airasia Digital, has raised up to US$100 million in financing from SK Group, the third-largest conglomerate in South Korea by asset size.
This is the first time any
portfolio company within airasia Digital has secured financing of this size.
BigPay said the funding [...]
Tentative recovery lifts Q2 results for major travel brands, except for APAC
WHILE things remain glum in Asia Pacific, with almost all cross-border travel within the region halted and countries undergoing new waves of infections, it is good to see financial performance of major travel companies on the mend – although admittedly, recovery remains fragile.
Second quarte [...]
Expedia Group teams up with UNICEF to “give the world a shot”
ONLINE travel brands are stepping in to help fight Covid and to get travel back on its feet.
Today, Expedia Group announced a joint programme with UNICEF, calling on travellers to join in an effort to help safely re-open the world, one trip and one shot at a time.
Effective today, each purch [...]
The Wrap: Air cargo is “saving grace” for APAC airlines, Visit Maldives joins forces with Qatar Airways in destination promotion, and more …
THE Wrap is a round-up of
news in the travel and technology industries, and an update on how businesses
in these sectors are adapting and resetting as they prepare for post-pandemic
travel.
Air cargo is “saving grace” for APAC airlines as travel demand remains suppressed
Ongoing border re [...]
How to turn revenge travel into beautiful travel – tips from those doing it
PENT-UP demand there will be for sure – look at how
travel has rebounded in markets where restrictions have been lifted – but how
can the industry turn “revenge travel” into “beautiful travel”, given the
downtime it has had to create new products and services to cater to changed
consume [...]
Small increase in June air travel, long way to recovery due to international restrictions: IATA
THE month of June saw a very slight improvement in both international and domestic air travel markets, but passenger demand still remains way below pre-Covid-19 levels owing to international travel restrictions.
Elaborating, the International Air Transport Association (IATA) said total demand fo [...]
The Wrap: Tauzia properties bookable on Ascott’s new online platform, Yanolja Cloud partners with Vietnam’s VNTravel, and more …
THE Wrap is a round-up of
news in the travel and technology industries, and an update on how businesses
in these sectors are adapting and resetting as they prepare for post-pandemic
travel.
Indonesia’s Tauzia properties available for booking on Ascott’s new online platform discoverasr
Asc [...]
ALIS goes live in Los Angeles, 1,800 gather to talk hospitality and investment
THE biggest hospitality industry conference in the US went back to live this week when the 20th annual Americas Lodging Investment Summit (ALIS) opened at the JW Marriott L.A. Live and Microsoft Theater in Los Angeles.
An
estimated 1,800 gathered at the hotel investment conference, produced [...]
