6 key takeaways from the Business Travel Trends & Forecasts Asia Pacific
Nearly 50 corporate travel buyers collectively responsible for buying/managing over $6.4 billion in travel annually registered to attend the BTN Group’s 2nd Annual Business Travel Trends & Forecasts Asia Pacific conference in Singapore last month. With attendees representing Australia, Chin [...]
The secret sauce of “char koay teow”, storytelling and indie travel businesses
AI, it seems, is creeping into everything. In a little eatery called Jiashi Cafe in a local neighbourhood in Penang, far from the madding tourist crowd, the young entrepreneurs running it offer “AI Fried Char Koay Teow”.
For anyone who’s been to Penang, you’ll know that “Char Koay Teow� [...]
SITA achieves $1.5 billion revenue milestone with key developments in Asia
SITA, a leading provider of IT solutions for the air transport industry, reported record revenues of nearly $1.5 billion for 2023, representing a 7% increase from the previous year.
CEO David Lavorel presented the results at SITA’s Annual General Assembly in June, also noting a growth in marg [...]
Sanjay Sharma’s mission at Orascom: Transforming commercial capabilities, reinventing guest experience with AI
Three AI themes that will change hospitality – context window, Agentic AI and text-to-action
Back in January, in the first weeks of his new role as Chief Technology Officer of Orascom Hotels Management, Sanjay Sharma. was still uncertain about what lay ahead in this new opportunit [...]
Travel as a “memory industry” driven by tech advancements
The experts came together at Phocuswright Europe to talk about travel tech trends around the world, things like generative artificial intelligence, machine learning and the metaverse.
So, it might have seemed jarring when one of the panelists on Center Stage defined travel in terms that evoke pho [...]
Heymax.ai raises US$2.6M seed funding round, led by January Capital
Singapore-founded open loop loyalty platform aims to give users a free vacation every year by maximising merchant and credit card reward
Singapore-founded loyalty platform Heymax.ai announced its US$ 2.6 million (SG$ 3.5 million) seed round, led by January Capital, with participation from Tenity, A [...]
GrowthCurve Capital acquires Duetto to advance AI-driven hospitality solutions
Strategic partnership aims to enhance hospitality technology and accelerate global expansion
Duetto, a revenue management software provider for the hospitality industry, has been acquired by GrowthCurve Capital. The transaction, involving the purchase of Duetto from affiliates of Warburg Pincus and [...]
Possibilities and responsibilities of travel in the age of Generative AI
The WiT Japan & North Asia Travel Tech Thinktank 2024, sponsored by EY, explored the evolving role of AI and tech in travel.
Building on the Global Travel Tech Thinktank in Singapore in October 2023, the Tokyo event gathered industry leaders to discuss AI's impact on talent, product innovation, [...]
Expedia’s growth focus while giants play the long game in AI
The divide between big and small – will it grow bigger in age of AI?
After 19 years with Expedia Group, sporting a new role as chief commercial officer and president of travel partners and media since February and relocating from the US to London, Greg Schulze, speaking at Phocuswright Europe, sa [...]
Corporate investments in travel and mobility remain robust amid decline in VC funding
The latest "Travel and Mobility Tech Sector Attractiveness Report" from Lufthansa Innovation Hub provides an in-depth analysis of investment activity among 60 travel and mobility corporations from 2018 to 2023.
The report highlights noteworthy trends and investment priorities in aviation, groun [...]
