WiT Seoul 2022: Travel brands jostle for position amid intense competition and consolidation
FROM traditional giants like Hana Tour to local OTAs such as Good Choice, Tidesquare and MyRealTrip, travel brands in South Korea are jostling for position to catch the recovery wave. In the meantime, massive changes have taken place in the market including the accelerated digitisation of consumers [...]
How MyRealTrip executed its way out of the pandemic to emerge stronger
With transactions higher than pre-pandemic, Korean startup invests in five companies, bets on families, longstays and co-working
DONGGUN Lee will always remember September 23, 2022 – that was the day he and his team at MyRealTrip jumped for joy when South Korea announced the full reopening of its [...]
Hopper and Capital One extend partnership fueled by new $96m investment
Capital One is investing an additional $96 million in Hopper and extending its partnership with the travel company.
In March 2021, Capital One led Hopper’s Series F round of $170 million. That investment marked the launch of Hopper Cloud, the company’s B2B initiative, with Capital One as its [...]
Sponsored: Changing priorities, technology adoption and the key drivers for growth: The top 10 trends in corporate travel, as revealed by new Sabre research
WHILE corporate travel is returning, it is coming back differently. So, exactly what are the shapes corporate travel is shifting into, and how are corporate travel agencies adapting to service the new face of business travel? Sabre carried out a survey of travel agents and Travel Management Companie [...]
WiT Studio: Laura Houldsworth (Booking.com) discusses the endemic traveller and how to understand this new market
WiT Studio hosts a series of exclusive interviews with key players in the industry to discuss the new age of travel, tech, and tourism in Asia and beyond. Subscribe to our YouTube channel here.
On this episode, Laura Houldsworth, Managing Director (APAC), Booking.com gives her insight on the [...]
A Gen Z perspective on dreaming and planning travel – “flawsome videos” are the new black
Cole Lim, a hospitality graduate from Singapore Institute of Technology, attended WiT Singapore 2022 and this is his key takeaway from the event.
Imagine that you are planning a picnic with your friends this weekend. Where would you go to search for the perfect picnic spot with luxurious green gr [...]
Top of the WiT Ep 08: Returning to Seoul, robots in public, and travel trendsetters
On “Top Of The WiT”, we bring you a grab of the news that happened this week in travel, technology and Asia – interesting nuggets that caught our eye and made it into the weekly WiT newsletter.
This week, we talk about returning to South Korea for WiT Seoul, our first live event there s [...]
Tech in Travel: An app for Australia, a new Vibe in Asia Pacific, Malaysia renews vows with Travelport, Hong Kong hotel for digital natives
The lowdown, Down Under
Planning a trip Down Under? The Australian Visitor Centres App is available for free download from the App Store or Google Play. The app provides the sort of information only the locals know, starting with the location of more than 400 accredited Visitor Information Centres [...]
Want to be a K-artist? South Korea ramps up for recovery with fresh ideas, new products and eye on tech
K-wave, longtail experiences, NDC, Urban Air Mobility – Seoul all out to bring back travel
FROM Korea Tourism Organisation (KTO) considering visas for fans wanting to enrol in K-pop training classes to global attraction pass company, Go City launching its first city pass in Seoul since the pandem [...]
Airbnb reports most profitable quarter ever in Q3 2022
The third quarter was Airbnb’s most profitable quarter ever, the company reports.
Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021.
Net income for the third quarter of 2022 reached $1.2 b [...]
