News
Planning the perfect holiday during a pandemic
05/10/2020 by Wego
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 [...]
Dream Drive claims top prize at WiT Startup of the Year 2020 in Singapore
02/10/2020 by WiT
Japan’s Dream Drive has claimed the top prize in this year’s WiT Singapore Startup Pitch, after it made its final pitch with two others at Marina Bay Sands Expo & Convention Centre as part of WiT Experience Week, its first-ever hybrid event. It also nabbed the People’s Choice Award, voted [...]
Expedia, Agoda say ‘sacred cows’ of rate parity and last room availability killed by COVID
02/10/2020 by Martin Kelly
The adversarial relationship between hoteliers and the OTAs has changed to an “all hands on deck mentality” during COVID with operators no longer insisting on rate parity and last room availability – once major sticking points – as they scramble to put heads on beds, according to Expedia an [...]
Travel’s Oracle Speaks: KP Ho on Digital Decoupling and a Return to Meaning
02/10/2020 by Luke Clark
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
01/10/2020 by Yeoh Siew Hoon
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
01/10/2020 by Wego
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
30/09/2020 by Yeoh Siew Hoon
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 [...]
SIA to expand KrisConnect Programme to the US market
30/09/2020 by WiT
Singapore Airlines (SIA) will expand the KrisConnect Programme to its travel trade partners in the United States, providing them with a wider range of fares and personalised content from March 2021.. This is made possible through KrisConnect’s leverage of Application Programme Interface (API) [...]
Taiwan-based travel startup KKday raises $75m in series C round to expand in Asia
30/09/2020 by WiT
Travel experiences platform KKday announced it has raised US$$75 million in a series C funding round led by Cool Japan Fund and Taiwan’s National Development Fund. Existing investors Monk’s Hill Ventures and MindWorks Capital also participated in the round. The company plans to use the fr [...]
Slow, rolling recovery but Travelport “cautiously optimistic”
29/09/2020 by Yeoh Siew Hoon
WiT speaks to Mark Meehan, Group Vice President and Managing Director, APAC, on how he sees the recovery for the region amid a new study that Travelport has just released. Q: As we enter the third quarter of 2020, are you more optimistic or pessimistic about travel recovery than say 3 months ag [...]