Post-Spacemob/WeWork, Fuad makes fintech play with new “BNPL” startup Pace
EIGHT months after his departure from WeWork, veteran entrepreneur Turochas “T” Fuad has unveiled his newest startup in the hot “Buy Now Pay Later (BNPL)” space, Pace Enterprise (Pace).
Armed with a “high seven-figure” seed round co-led by Vertex Ventures, a Temasek subsidiary, and A [...]
Marriott International pushes ahead with Asia growth plans
Some 100 properties expected to open this year
MARRIOTT International is expecting to open 100 properties in Asia Pacific in 2021, after celebrating its 800th milestone hotel opening in the region with 75 properties added to its portfolio last year. Nearly 27,000 rooms were added to the regio [...]
Here’s looking at you, 2021, Part 3: Better prepared and investing to build back stronger
WE kick off the year with a gathering of views and opinions from our community of industry leaders on their outlook for 2021, from their level of optimism and their plans to get through the year. Here’s the third collection.
Michael Hobson, CEO, Lanson Place, Hong Kong
Q: How woul [...]
Here’s looking at you, 2021, Part 2: Forwards, backwards; hang on in there for the “gigantic travel boom”
WE kick off the year with a gathering of views and opinions from our community of industry leaders on their outlook for 2021, from their level of optimism and their plans to get through the year. Here’s the second collection.
John Brown, CEO, Agoda
Q: How would you describe the st [...]
Here’s looking at you, 2021, Part 1: Mixed start, “time to claw back lost ground”
WE kick off the year with a gathering of views and opinions from our community of industry leaders on their outlook for 2021, from their levels of optimism and their plans to get through the year. Here’s the first collection.
Rajesh Magow, CEO and co-founder, MakeMyTrip
Q: How would yo [...]
The Wrap: Middle East nations resume air connectivity with inking of new agreement, Malaysia Airlines launches new online shopping platform, 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.
IATA hails the resumption of air connectivity between nations in the Middle East
With the end [...]
Brace yourself for “explosion of creative destruction”, says Friedman to business events professionals
EXPECT an explosion of creative destruction AC (After Covid), said Tom Friedman, author and New York Times columnist at the opening of PCMA Convening Leaders 2021 today.
Calling it
“incredibly exciting and destabilising”, he said this would happen because
“never have more people had availa [...]
What people want in 2021: Spending more quality time with loved ones and making a difference
WITH the Covid pandemic showing no sign of abating as we entered a new year, and while waiting the mass rollout of vaccines and travel to resume many people have different priorities in 2021 - spend more quality time with loved ones and make a difference.
This is revealed by Agoda in its [...]
The Wrap: IATA Travel Pass set for Q1 release, BIGLIFE introduces a new name and new look, 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.
The IATA Travel Pass aims to reconnect the world safely
The IATA Travel Pass will help travell [...]
AirAsia Group sells 32.7% stake in its Indian unit to Tata Sons for US$37.7m (Updated)
LAST month AirAsia Group Bhd, in response to media reports that it might be reviewing its investment in AirAsia India and could exit the country, acknowledged the operation has been draining cash “causing the group much financial stress.” (comment made in this report)
The Group has reached a [...]
