News
2020: Year of the Unicorpse, or the Black Swan with a Silver Lining?
04/05/2020 by WiT
By Rafael Aldon, Director, VenturesOne (Click here for the original post.) "Question every assumption about your business" was the message to CEOs and founders from leading Silicon Valley VC, Sequoia Capital in their March memo, "Coronavirus: The Black Swan of 2020". Referencing Darwin's 'Survi [...]
‘Cautious travel’ will be the new norm as consumers seek more assurances that travel is safe
04/05/2020 by WiT
Insight Out Consultancy has launched its “Life After the Pandemic” report, looking into consumer perceptions of how social, travel, and business practices would change as a result of the Covid-19 pandemic. The global survey was carried out on 2912 consumers, predominantly from the MENA region. [...]
In every crisis, an opportunity – travel companies show how to seize them
30/04/2020 by Yeoh Siew Hoon
Although this favourite of Western political leaders and motivational speakers has been widely debunked – the one that explains that the Chinese word for crisis is made of characters that mean both opportunity and danger – we still like it. And we are certainly seeing evidence of it during [...]
All eyes on steps being taken by “Covid-safe” bubbles in APAC: Will they signal the slow restarting of travel?
30/04/2020 by Yeoh Siew Hoon
While more companies shed jobs, the latest being TripAdvisor which cut some 900 jobs this week, some countries in Asia Pacific (APAC) are taking tentative steps to restart their economies and save jobs, and the long weekend coming up, and subsequent weeks after, will be watched closely by the rest [...]
Impact has been hard, but there’s light at end of tunnel as Daley pieces together a roadmap to recovery
30/04/2020 by WiT
During WiT Virtual, Louise Daley, deputy CEO, APAC, Accor was very realistic about the harsh realities being faced by the hospitality industry – poor occupancy rates, declining RevPAR, staff redundancies and furloughs. However, she also pointed out areas worthy of optimism in the sector. She iden [...]
Covid-19 Wrap: Hotelbeds launches ‘Holiday for Heroes’ campaign, AirAsia’s employees turn to food delivery in the new normal, and more…
29/04/2020 by WiT
The Covid-19 Wrap is part of WiT’s “Unity In Crisis” series, a round-up of news on the coronavirus and its impact on travel. Hotelbeds thanks frontline medical workers with ‘Holidays for Heroes’ Holidays for Heroes is designed to acknowledge the efforts of frontline prof [...]
The WiT Podcast: Unity In Crisis – Episode 7: Chloe Dalton, Olympian Gold athlete
28/04/2020 by WiT
In this episode, we speak to extraordinary athlete, Chloe Dalton, on building “Range and Resilience”, skills we all need to get us through these extraordinary times. Born in Singapore, the Australian star started out in basketball, crossed over to Rugby Sevens where her team won a Gold in the 2 [...]
WiT Community Blog: How kites started it all – airlines must use downtime to rethink tech and not “just put a wrapper around things” – Rajeev Kumar, Mystifly
28/04/2020 by WiT
With Planet Earth in lockdown, our industry at a standstill and many of us in self-isolation or quarantine at home, or grounded, this is our blog for you – it’s a way to share stories within our community, to form solidarity and foster a sense of belonging. Short essays on what we are eac [...]
A message of unity from members of the WiT community
27/04/2020 by WiT
"We have no life in travel right now, but we will be back." This was the mantra shared by much-loved members of the WiT community, who took a moment to share how they are spending their time at home as the world waits for Covid-19 to pass. As part of WiT's "Unity in Crisis" series, the video, ed [...]
Trip101 reports increase in average nights per booking for vacation rentals, amid global travel restrictions
27/04/2020 by WiT
Singapore-based travel media startup, Trip101 reported an increase in the average number of nights per booking for vacation rentals in major markets like USA, Japan, Canada –  from approximately three nights to eight nights – amid global travel restrictions to curb the spread of Covid-19. T [...]