Sentosa builds local love as a fun, vibrant tourism hub
Having built a domestic market that made up a quarter of its total visitorship of 19 million pre-Covid, Sentosa Development Corporation and its partners are now pulling together to entice the only market segment available to them right now and to grow it.
Sharing
about the changed environment i [...]
AirAsia X proposes major debt restructuring to avoid liquidation
Just days after Malaysia Airlines announced its restructuring plan the long haul low cost arm of the AirAsia Group, AirAsia X (AAX), has proposed to undertake a group-wide debt and corporate restructuring with a revised business model to survive and thrive in the long-term.
In a filing with the [...]
Malaysia Airlines undertakes “urgent” restructuring exercise to ensure group’s “relevance and survival”
Malaysia’s national carrier Malaysia Airlines Bhd (MAB) is embarking on a comprehensive restructuring of its business and capital structure, which includes revising its Long-Term Business Plan (LTBP) further to ensure survival and protect jobs.
The carrier confirms in a statement that it has r [...]
AirAsia Japan ceases operations
AirAsia Japan, a unit of Malaysia-based AirAsia Group, is shutting down its operations effective today, 5 October, due to “highly challenging operating conditions”.
Jun Aida, representative director and COO of AirAsia Japan, elaborated on the reason for the airline's closure: “Despite our [...]
Guest Blog: Capitalising on the rise of domestic tourism in South-east Asia
This is a contribution from Maria Taylor, head of commercial, Asia Pacific, hospitality at Amadeus. She explains what the shift to domestic tourism and staycations means for hoteliers in South-east Asia, which is beginning to open up again, and advises how they can drive profitable demand and retai [...]
Planning the perfect holiday during a pandemic
This is an editorial contribution from Wego .
It is no doubt that planning your holiday during a pandemic can be worrying and exasperating.
Wego is helping travellers have a more pleasant experience when planning for their perfect holiday with the best travel advice. We have put together a li [...]
Travel’s Oracle Speaks: KP Ho on Digital Decoupling and a Return to Meaning
He has seen his share of crises and survived to tell the tale, and Ho Kwon Ping, executive chairman of Banyan Tree Holdings, assured the WiT Experience Week audience yesterday that despite an unprecedented 2020 for global travel, the group was still in shape to weather the storm.
“Thankfully [...]
WiT Experience Week, Rebuild: Wego builds new e-commerce brand outside travel as product chiefs innovate their way out of Covid
The future
of product will be codeless, commoditised, accelerated but ultimately human?
To ride out the long winter that’s coming, Wego is launching a brand new e-commerce business outside travel, Ross Veitch, CEO and co-founder disclosed yesterday at Day 3: Rebuild of the WiT Experience Week. [...]
The different phases of travel’s gradual recovery
This is an editorial contribution from Wego.
Covid-19 has definitely changed the travel scene, but the easing of lockdown measures and the lifting of some travel restrictions are helping with the gradual recovery of the tourism industry.
With governments putting in place stringent plans, stim [...]
WiT Experience Week, Reboot: Build something for the future, investors hungry for products that will last the test of time
While most investors are staying away from travel due to the uncertainty of recovery, Amit Anand, founding partner of Jungle Ventures, remains excited about the space which he said has been kind to him.
He’s made two exits – Voyagin to Rakuten and Travelmob to HomeAway – and
while he said [...]
