Posts by WiT
IATA calls on states to follow WHO guidance on cross-border travel
15/07/2021 by WiT
THE International Air Transport Association (IATA) called on states to follow new guidance on travel from the World Health Organisation (WHO). The guidance recommends a “risk-based approach” to implementing measures related to Covid-19 and international travel. It will be presented to the WHO [...]
The Wrap: Malaysia Aviation Group launches travel and lifestyle platform, BigPay to enter into Thailand, and more …
14/07/2021 by WiT
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. Malaysia Aviation Group rolls out one-stop travel and lifestyle platform Consumers can shop for product [...]
Air travel improved marginally in May, remained below pre-pandemic levels: IATA
12/07/2021 by WiT
BOTH international and domestic travel demand showed marginal improvements in May 2021, according to the International Air Transport Association (IATA). However, air traffic remained well below pre-pandemic levels, while recovery in international traffic, in particular, continued to be stymied [...]
AirAsia acquires Gojek’s Thai operations in all-share deal
08/07/2021 by WiT
Gojek to increase investment in its Vietnam and Singapore operations in realigned strategy, acquires stake in airasia Super App AIRASIA is revving up the expansion of its superapp footprint in ASEAN with the acquisition of Indonesian ride-hailing and payments firm Gojek’s business in Thailand. [...]
The Wrap: TripAdvisor unveils new app, Travelport inks deal with Emirates on surcharge-free content, and more …
07/07/2021 by WiT
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. Tripadvisor unveils new app, rolls out digital campaign as travel rebounds TripAdvisor's new app aims [...]
Travel trends – Maldives, Phuket, Bali
07/07/2021 by WiT
A QUICK grab of the trends Sojern is seeing in search for Maldives, Phuket and Bali, up to July 5, 2021. (All data from Sojern) MaldivesThe Maldives is welcoming Indian tourists again and some South Asian countries from July 15. Trends show: • Hotel search demand in April and May is slightly [...]
Travel is back in the US – families hitting the road, cities will make comeback
07/07/2021 by WiT
IN his “Letter From America” delivered at WiT Travel Roadshow, Episode 4, Hari Nair, global senior vice president, account management at Expedia Group, shared five insights that are fuelling hopes of a robust travel recovery. First, the initiatives to reduce the spread of Covid-19 are fuell [...]
Study: One-fifth of countries have returned to pre-pandemic levels for domestic flight bookings
05/07/2021 by WiT
WHILE global travel recovery is resuming at a gradual pace an uptick in global fuel spend has seen a “strong surge” in ground travel in markets including countries in Asia Pacific like Australia, Singapore, the Philippines and Hong Kong. A new study by Mastercard, Recovery Insights: Ready f [...]
Velocity Ventures closes first round of funds to focus on Covid-19 themed mandate
30/06/2021 by WiT
VELOCITY Ventures, a hospitality & travel-focused venture capital firm based in Singapore, announces the initial closing of the first-ever venture capital fund dedicated to hospitality and travel startups. The fund has a Covid-19 themed investment mandate, focusing on supporting distressed a [...]
Flexible payment options are drawing consumers back to travel
30/06/2021 by WiT
THE pandemic has seen a sharp rise in consumers opting to buy first and pay later due to the current economic uncertainty, and these flexible payment options are driving consumers to travel. Pay When You Fly (PWYF), a new research by Amadeus, states this is the “most appealing payment option� [...]