TripActions bucks trend: Gets new funding, sees strong growth, predicts robust comeback for business travel
IN the midst of the pandemic and a travel shutdown, TripActions, a business travel and spend management platform, announced it raised US$155 million in Series E funding. Its co-founder & CEO Ariel Cohen said in spite of the events of 2020, TripActions had seen accelerated adoption by companies [...]
Passenger traffic tumbles 72% in January, but air cargo demand recovers to pre-pandemic levels
JANUARY air passenger demand fell 72% compared to the pre-Covid level in January 2019, revealed the International Air Transport Association (IATA).
The traffic volume, measured in revenue
passenger kilometres (RPKs), was worse than the 69.7% year-over-year decline
recorded in December 2020.
I [...]
Despite Asia being closed, Maldives on track to achieve tourism recovery by mid-2021
Having practised Covid-safe management policies since July 15, destination will get headstart when borders fully open
THE Maldives is betting that its own vaccination programme, the
earlier-than-expected global vaccine rollout and the effectiveness of its Covid-safe
management policies will stan [...]
The Wrap: Malaysia Airlines to launch digital travel health pass, new direct booking solution for groups from Groups360, and more …
THE Wrap is a
round-up of news in the travel and technology industries, and to keep track of
developments in these sectors as businesses adapt and reset to meet challenges
in the era of coronavirus.
Malaysia Airlines to introduce digital travel health pass in move to reopen safe travels
Passe [...]
Amadeus takes hit in revenues and profits, steamrolls ahead with new partnerships and NDC initiatives
DESPITE a 61% contraction in revenue to €2,174.0 million and a 123.9% decline in profit to a loss of €302.4 million in its 2020 results, Amadeus continues to push ahead with new partnerships and New Distribution Capability (NDC) initiatives to drive advanced travel retailing.
In announcing i [...]
Indie hotels need to step up digitisation to get fair share of online rebound
How the OTA landscape in Asia changed during Covid
IT speaks to the acceleration of technology adoption among independent hotels in the Asia region that despite a year of literally no cross-border travel, ZUZU Hospitality Solutions was able to double its customer base from 1,500 to 3,000 last ye [...]
“The mess of the passes”: The battle by airlines to open borders
THERE’S not a day that goes by these days that I do not receive a news release about a new travel/health pass or some other initiative designed to help governments open their borders with some measure of confidence that by so doing, they will not invite another outbreak.
The day after the [...]
Upcoming school holidays mean more staycations; hope for travel bubbles to allow June travel
IN pre-Covid days, the March school holidays for Singapore families would usually mean a short trip to countries like Thailand and even to as far away as the United Kingdom.
This year, however, over 90% of Singaporeans are looking for short staycations during the March 13 to 21 holidays. Howeve [...]
Why FCM Asia chose to launch own Digital Health Wallet
“We can’t wait for a global solution, we have to solve immediate needs”
WHILE waiting for the various travel passes to be sorted out, FCM Travel Solutions Asia has launched its own Digital Health Wallet, an app aimed at helping its customers back on the road, specifically travellers out of [...]
Travelport introduces new look in “end to end” rebrand
TRAVEL retail platform Travelport has revealed its new look as part of a “holistic” rebrand.
The firm’s well-known blue and green logo has been replaced with a modern look under the tag line ‘Change Is For The Brave’. The logo now appears in two colours, either Travelport Black o [...]
