Q&A: Why – and how – travel brands should embrace verifiable ID
AFFINIDI is a Singapore-based
technology company founded by global investment firm Temasek in 2020. Affinidi
uses decentralized technologies to enable the creation and sharing of
verifiable digital credentials, empowering individuals and organizations to
have control of their personal data.
Sinc [...]
Airbnb gaining share in hotel distribution analysis
THE Covid-19 pandemic has shifted the
way consumers research and book travel, and hotels are responding by being more
strategic about how they market and sell their rooms, making use of direct -
and multiple indirect - revenue streams.
That’s one of the key findings from the
latest analy [...]
Europe travel drives Booking Holdings’ revenue uptick in Q3
BOOKING Holdings is reporting that room nights booked in Q3 2021 increased for the third quarter in a row, growing to 183 million, and revenue increased to $4.7 billion – putting it just shy of Q3 2019 revenue of $5 billion.
Room nights in the third quarter were up from 157
million in Q2 of th [...]
Q&A: The potential of decentralized digital ID in travel
This article first appeared in PhocusWire
NICK Price has spent much of his career designing and implementing technology solutions and strategies for hotels. He was CIO and CTO of Mandarin Oriental Hotel Group for 12 years and then founded NetSys Technology, focused on digital enablement of hospi [...]
Expedia Cruises looks to tech in push to be top agency in the sector
EXPEDIA Cruises, a full-service leisure travel agency that is part of Expedia Group, is boosting its focus on technology as it aims to provide an omnichannel strategy that can meet the needs of all travelers.
Company executives shared highlights of its
efforts during the opening day of the Exped [...]
Q&A: Thayer Ventures’ Chris Hemmeter on its new $80M fund, opportunities for travel startups
Travel- and transportation-focused
venture capital firm Thayer Ventures has raised $80 million to invest in new
early stage startups.
The new Thayer Ventures Fund III has already invested in communications platform Beekeeper (September 2019), technology-focused hotel management brand Life House [...]
South-east Asia a “melting pot of trends” in online travel
It’s an interesting time in the travel industry in South-east Asia.The middle class is growing very fast, 90% of the region’s 360 million internet users are connecting through mobile devices, brands already in travel are expanding their offerings and other e-commerce entities are forging partn [...]
In The Big Chair – Ross Veitch of Wego
Ross Veitch and Craig Hewett founded flight and hotel marketplace Wego in 2005 in Singapore. It has raised about $59 million and expanded beyond Southeast Asia into the Middle East, North Africa and India.
The company crossed $1 billion in gross merchandise volume in December 2018, and an IPO is [...]
Corporate investors in travel: Deciphering strategy and knowing the limits
Three of the travel industry’s most active corporate investors have shared tips for startups on how to attract their attention.Speaking on a panel at WiT Singapore, moderated by Agoda vice president of corporate development, Timothy Hughes, Amadeus Ventures’ head Suzann [...]
TripAdvisor ponders the platform’s future direction, monetisation and competing with Google
Just shy of her one-year anniversary as TripAdvisor’s president of core experience, Lindsay Nelson took the stage at WiT Singapore on Tuesday to discuss her work leading the company’s brand and development of content and revenue-generating products.In an interview with WiT founder Yeoh Siew Hoo [...]
