Survey: 60% of Asian travellers still plan to travel in 2020, but travel companies should not wait for return to pre-Covid norms
This article was originally posted on tnmt.com – a data-driven market intelligence website curated by Lufthansa Innovation Hub covering relevant trends in Travel and Mobility Tech. Please contact [email protected] with any queries about the data presented.
As COVID-19 kee [...]
“The emails and phone calls suddenly stopped” but MyRealTrip persevered and raised US$36m. Here’s how it did it
MyRealTrip, South Korea’s online travel platform, which had its roots in tours and activities, made headlines on July 29 when it raised US$36m in a funding round led by existing investor Altos Ventures along with IMM Investment and Smilegate Investment. New investors including Korea Development B [...]
Ixigo reinstates salaries, sells Travenues to SpiceJet, weans off Google
“The longterm net gainers are OTAs and airline direct,” says Aloke Bajpai
From the outside looking in, it would seem that the Covid-19 situation is getting worse in India which it is from the rate of infections but somehow one travel company, Ixigo, the Indian e-commerce website for flights, [...]
Asia saving Asia: Visa-free travel for residents, safe travel protocols and new experiences for the times
Ideas collected from the wisdom of the crowd during the WiT Virtual Summit
While it is clear that domestic travel is the
immediate market for recovery at this time, the travel industry in Asia also
needs to look ahead and think of ideas to get more Asians travelling since
intra-regional travel w [...]
Malaysia puts bet on domestic tourism, nature attractions tipped to do well
2020 was meant to put Malaysia on the global tourism map with the ambitious Visit Malaysia 2020 campaign, which the country had hoped would bring in 30 million international tourist arrivals and add RM100 billion (US$364 billion) to the national coffers. Then came the coronavirus, and the campaign [...]
Amadeus reports “severely impacted” first half financial results
Amadeus has reported its financial performance in the first half was severely impacted by the Covid-19 travel shutdown.
Revenue for
the first half of the year, ending June 30, contracted by 54.7% to €1,281.2
million. Its EBITDA decreased by 83.6% to €194.1 million, and adjusted profits
decl [...]
Markets stumble, Traveloka raises, Ctrip’s private plans: Keep your eye on the horizon
One moment, I am speaking to Tien Thuy Tien, managing director of Asian Trails Vietnam, who’s at the Lak Tented Camp in the Central Highlands and she’s waxing lyrical about the scenic beauty and the elephant by the lake, and how locals like her were out travelling, and the next, Vietnam goes in [...]
Global direct hotel bookings gaining some ground: D-EDGE
Driven by domestic demand, global hotel direct bookings from June are already reaching last year’s volume, according to data from D-EDGE’s newest edition of its Hospitality Recovery Tracker dashboard.
D-EDGE has made this web-based tracker available globally as an “initiative to give b [...]
The Wrap: AAPA calls for easing of restrictions on international travel, WTTC Safe Travels get stamped by additional countries, 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 the green shoots of recovery slowly take root.
AAPA urges governments to ease “unduly onerous restrictions” on international air travel
Most international flights [...]
Meet the unsung heroes of Raffles City hotels, Singapore
While most of us were hiding at home during Circuit Breaker in Singapore there were those working in hospitality who had to show up for work to keep their hotels running, and caring for Stay-Home-Notice and Quarantine Control Facility guests in Singapore.
Curious to find out more about these wor [...]
