US$100 billion transacted online by SEA’s 400 million Internet users in 2020
Southeast Asia’s digital economy has not just stayed afloat in these tough times, but has seen accelerated growth.
Google, Temasek and Bain & Company’s recent e-Conomy SEA
2020 report said 40 million people came online for the first time this year,
bringing the total number of Internet [...]
“What Travel Recovery Will Look Like For Asia”: McKinsey’s Saxon lays out a slow and cautious roadmap
Not surprising, as of September, the first three
markets in Asia that have recovered the fastest are those with domestic
markets.
Sharing “Reboot: What Travel Recovery Will Look Like for Asia” at WiT Seoul earlier this month, Steve Saxon, partner with McKinsey, who leads the travel practice [...]
Budget 2021’s allocations not sufficient to rescue Malaysia’s travel businesses, say tourism groups
Monetary incentives
provided in a national budget in any country is bound not to please everyone, and
that is the case in Malaysia’s Budget 2021 with the country’s tourism groups
expressing disappointment that the incentives fell short of expectations.
The annual budget presented in Parliame [...]
Tourplus, armed with $1m fund raise, moves from transactions to content to survive Covid
Rickson Goh (centre) and his team: Sticking together through Covid. Goh said there has been no layoffs but the team agreed on pay cuts and unpaid leave to get through this period.
Malaysia-based Tourplus, which matches travellers with driver/guides and personalized itineraries, was on the road t [...]
Cargo demand and early planning lead to profitable quarters at Korean Air: Woo’s quest to not “lose money in operations”
With airlines bleeding heavily worldwide, and some having already exited the scene, it was a refreshing report card from Korean Air – two consecutive profitable quarters buoyed by a healthy cargo demand and early planning to accommodate that demand.
Speaking at
the WiT Seoul hybrid event last [...]
How much do you miss staying in hotels? I didn’t know the answer till this staycation
Hello, Mr Doorman. Here I am.
I never thought I’d ever say “I miss staying in a hotel” but when I got out of the car and was greeted by the doorman at Raffles Singapore, I felt almost weak at the knees. A wave of nostalgia overcame me as flashbacks of special hotel stays raced through my m [...]
The Wrap: Marriott and Grab form ‘integrated” partnership, LIVE for Trip campaign raises millions for travel recovery, 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.
Marriott brings its hospitality experience to South-east Asia through partnership with Grab
Bo [...]
No quick recovery to pre-Covid levels for APAC tourist destinations, says GlobalData
Despite some countries across Asia Pacific (APAC) negotiating travel bubble pacts with their “safe” counterparts in a move to revive the tourism sector, recovery to pre- pandemic levels may take time even after all restrictions are withdrawn.
According to data and analytics company GlobalDa [...]
The WiT Podcast – Episode 25: Ong Wee Min, Vice President, MICE, Marina Bay Sands
SGUnited, in partnership with Singapore Tourism Board
“Stressful but strangely exciting” is how Ong Wee Min, who leads the MICE business at Marina Bay Sands, describes this period.
As Covid devastated the lucrative sector the executive, who’s been in the industry for more than 20 years [...]
Don’t fear, K-travel is alive and well – industry’s bursting with creativity and feistiness
WiT Seoul 2020 captured how online travel players are executing by millimetres to last the long game
If there’s one overwhelming feeling I got out of hosting WiT Seoul Virtual yesterday, it is that South Koreans are overwhelming in their creativity and fighting spirit. Yes, we see it in their [...]
