Javier Laforgue to head Amadeus APAC at “time of renewal”
AMADEUS has appointed Javier Laforgue as Executive Vice President, Travel Unit & Managing Director, Asia Pacific where he will oversee Amadeus’ business across the region. Javier brings more than two decades of travel industry knowledge to Asia Pacific with extensive experience in various seni [...]
Longhaul makes a comeback, hotel and flight demand stay strong during Q2
Despite a variety of industry and economic headwinds, travel demand remained strong – “people still found a way to travel, and in many cases, went further afield,” said Jennifer Andre, global vice president, Media Solutions, for Expedia Group following the release of its Q2 2022 Travele [...]
For laughing out loud, what’s the funniest travel experience you ever had?
THIS morning, I woke up to the sound of heavy breathing. Now before you get excited, it was only my dog. Soon as I opened up my eyes, she threw up on me. It was hard not to laugh. Of all the things I’d imagine waking up to in my life, it wasn’t this.
A few minutes later, I am walking my other [...]
The Wrap: Cheers all round as Q2 earnings soar for travel brands
GOOD news all round as major travel companies report buoyant results for their second quarter. Here’s a wrap of the latest earnings from Phocuswire over the past week.
Airbnb achieves most profitable Q2 in history
Airbnb says its financial results for the second quarter of this year prove the co [...]
Velocity Ventures takes stake in big data and predictive analytics startup
SINGAPORE-based travel and hospitality fund, Velocity Ventures, has invested in ZYTLYN, a Switzerland-based startup that uses big data and machine learning to give companies the ability to optimise critical decision-making through predictive insights for travel demand.
Its proprietary prediction [...]
DayAway launches Genesis, NFT-enabled membership with immediate utility
“The Bucket List” in the works to be auctioned as 1:1 NFTs
DayAway, the platform established in 2021 to discover and book luxury daytime experiences, is on a renewed mission to transition its Web2 business to the open and decentralised Web3.
Taking the experience economy into the metave [...]
BNPL faces headwinds as competition intensifies and trust issues yet to be addressed
Younger females in APAC form largest market segment, new study shows
They’re female. They’re young. And many live in the Asia Pacific region.
When they can, they’re not afraid to borrow money. For air travel. For accommodation. For a new wardrobe.
Welcome to the world of buy-now-pay-lat [...]
Google Trends point to resurgence of travel in South-east Asia
IN its latest e-Conomy SEA findings of July 2022, Google's travel industry spotlight reported that search demand for international travel in June surpassed 2019 pre-pandemic levels across South-east Asia.
South-east Asia was the second fastest growing travel destination area – with Singapor [...]
PTT OR takes stake in Traveloka to expand into travel
AS part of its bid to expand into the travel sector and to become a one-stop lifestyle solution, PTT Oil and Retail Business Public Company Limited ("OR") will invest in Traveloka, through its subsidiary, PTTOR International Holdings (Singapore) Pte Ltd.
Its website describes PTTOR as engaging � [...]
Labour, fintech & blockchain and loyalty – the 3 investment themes with velocity
Singapore-based travel and hospitality fund, Velocity Ventures, has picked three investment themes for the second half of 2022 – labour solutions, fintech and block chain solutions and brand growth and customer loyalty.
Supporting its thesis in its 2H 2022 Travel and Hospitality Strategy & [...]
