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 [...]
D’EDGE names Accor marketing veteran as new MD APAC
D-EDGE Hospitality Solutions has named Accor marketing veteran Emilie Couton as APAC managing director, replacing Christine Tan, who led the business for seven years.
Couton was formerly with Accor, covering sales, digital marketing, guest experience and loyalty roles, over 20 years, the last [...]
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 � [...]
Wego boss talks Middle East opportunity, market characteristics
Wego is continuing to build its presence in the Middle East and North Africa, taking advantage of the opportunity the region provides.
Most recently, the metasearch specialist acquired Cleartrip's Middle East business from Flipkart, which includes the acquisition of Saudi Arabia-based online tr [...]
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 & [...]
The Wrap: Klook, STB join forces on travel recovery, rezio picks payments partner, AirJapan goes with Radixx,
Klook, STB sign deal to drive travel recovery
Klook and Singapore Tourism Board (STB) have launched a partnership to drive travel recovery across South-east Asia and promote Singapore as a destination. The partnership, launched in June 2022, builds on the collaboration agreement signed in 2020 and [...]
Trip.com sees rise in bookings in Europe, SE Asia; app-first strategy pays off
TRIP.com, riding on the back of travel recovery in the rest of the world outside China, is reporting healthy growth in bookings in Europe and South-east Asia as well as strong app downloads, helped by its app-first strategy.
Apptopia, the app analysis firm, listed it as the 10th most downloaded [...]
