Traveloka secures $300m financing from INA and other investors
TRAVELOKA has secured a financing facility of $300 million from Indonesia Investment Authority (INA), BlackRock (through a private credit fund it manages), Allianz Global Investors (through funds managed by them), Orion Capital Asia (through funds and accounts managed by them), and other leading glo [...]
Expedia launches Open World Accelerator Programme
Expedia Group has launched Open World™ Accelerator, an initiative that builds on its Open World vision to power partners of all sizes with the technology and supply needed to thrive in the travel market.
This new initiative is designed to advance innovation in the travel industry, by supporting [...]
Top of the WiT Ep 04: India On The Rise, Web3 Disrupts Businesses, Lessons For Airlines
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're talking about India as the world's fifth largest economy and what that mea [...]
Tech in Travel: NFTs, a nifty friends and family travel app, and airlines told to fess up on fees
Pandemic pushes travellers to the edge – of nature
Is sustainable travel just a fad? A trendy travel choice that will fade faster than a politician’s promise?
It depends on who you ask.
A Trip.com survey found 21.3% of Europe-based respondents indicated that people opt for sustainable tra [...]
Klook sees surges in searches, bookings amid second wave of Asia reopening
New platform features, lots of deals and the return of TravelFest as it turns 8
TRAVEL and experiences platform, Klook reports seeing accelerated cross-border travel growth in Asia/Pacific with one of its strongest quarters (over 300% QoQ growth) as it celebrates its eighth anniversary.
It says [...]
Cost, talent, and tourism: Making sense of the airline industry in the “new world”
IF you've travelled internationally in the last year or so, chances are you've stared – wide-eyed and jaw open – at the price of flight tickets. Before everyone's least favourite microbe rocked our world, low-cost airlines used to be able to offer truly low-cost fares. Even regular airlines were [...]
Web3 will disrupt payments but 2C2P is prepared to face the future
“What we see now is not what it will be; it will be good for consumers,” says founder Aung
AUNG Kyaw Moe, founder and CEO, 2C2P is well aware that Web3 could disrupt his 19-year-old B2B payments business but like the entrepreneur and survivor that he is, he’s facing it head-on because he beli [...]
The promise of the Third Age of Digital Travel – let’s live up to it
The time is now to act together and make our industry incredible or face a barrage of restrictions and regulations. Timothy O'Neil-Dunne gets into what can be done collectively, to prove travel's value to governments and to societies.
We are entering the Third Age of Digital Travel – a time o [...]
Why India travel needs to thank Online Travel Agencies (OTAs) for its growth
“The elephant has started dancing”
Virendra Jain, Co-founder and CEO, VIDEC and Director, Business Development, APAC and Middle East, Phocuswright casts his eye over the India travel landscape and examines the factors that are fuelling the Indian travel boom currently – from a humongous smart [...]
From Hotel California to no room at the inn – the change in fortunes for one Singapore hotel
Farm, CoComelon, Razer gaming suites – “this is what we joined the industry for – to make people happy, to create experiences”
THE last time I interviewed Marcus Hanna, general manager of the Fairmont and Swissotel The Stamford, Singapore, we were both masked, his hotels were like ghost tow [...]
