2020 a “catastrophe” for world’s airlines as traffic plummets 75%
LAST year International passenger demand fell by 75.6% compared to 2019 levels, said the International Air Transport Association (IATA).
The global passenger traffic results for 2020 showed the sharpest decline in history for revenue passenger kilometres, which fell by 65.9% compared with the fu [...]
Singaporeans most vacation deprived, will travel with caution when possible
WHILE it is safe to say you’d find vacation deprived people the world over, the country that is suffering the worst case of vacation deprivation (word of the month, or gasp, year) is Singapore.
Perhaps not a surprising result, considering the limitations of space in this small city state.
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Agoda sees growing demand for last minute deals, launches new tool
AGODA has launched GoLocal Tonight, a tool aimed at helping accommodation partners capitalise on the growing trend towards last minute domestic bookings in this post-COVID era.
With the uncertainty of new outbreaks, changes in health protocols and last-minute travel restrictions, Agoda’s d [...]
The Wrap: How Singapore tourism survived a tough 2020, D-EDGE launches e-commerce websites for hotels, 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.
Singapore tourism survives a tough 2020 with resilience and reinvention
More than 70 Singapore [...]
Where’s travel going? Place your bets
WHAT would you do if you received a check for $175 million, the only condition being that you had to invest it in travel and transportation technology companies? Mark Farrell and Chris Hemmeter are working through that very puzzle, having raised that sum and sorting through "a firehose" of possible [...]
Asia’s digital consumption behaviours see quick evolution in 2020
COVID will be remembered not just as a time when the world stood still, but possibly when consumer behaviours around digital consumption were changed for good. Consulting firm Redseer highlights some of these changes that are already evident after one year, in its latest report.
Last year witne [...]
Winning this year not about highest revenue growth but investing in right pillar, says Klook’s Gnock Fah
FRESH from raising another $200 million, Klook’s COO and co-founder Eric Gnock Fah spoke to Yeoh Siew Hoon about how this new round was not about staying afloat but growing, its strategy to build an eco-system of services, backed by a merchant model, and how this year will not be about highe [...]
Indonesia’s Traveloka finds strength in local markets amid the pandemic
TRAVELOKA president Henry Hendrawan discusses how the online travel unicorn has rebounded by helping travelers in Southeast Asia find—and finance—fun close to home.
A year ago, Henry Hendrawan was working on expanding offerings on the eight-year-old online platform while preparing for th [...]
Undaunted, LokaLocal forges ahead with virtual tours for activities in Malaysia
EVEN before Malaysia entered its first MCO (Movement Control Order) in March last year, LokaLocal, the travel tech platform founded in 2016 to connect travellers to local experiences hosted by Malaysians, had started seeing a drop in bookings.
It quickly moved to a content
and media play, settin [...]
IATA Travel Pass, set for March launch, seeks to give governments confidence to re-open borders
With APAC air travel at 5% of 2019 levels, need for “globally accepted framework” is acute.
THE IATA Travel Pass, currently in pilot phase with Singapore Airlines, IAG Group, Emirates, Etihad, and Qatar Airways, and targeted for launch by March, will hopefully give confidence to governments [...]
