The Wrap: Malaysia Airlines codeshares with Chile’s LATAM to build footprint in South America
News Roundup: Airlines forming partnership are in focus with Malaysia Airlines codesharing with LATAM Airlines Group, Japan Airlines in NDC partnership with Amadeus, Etihad’s tie-up with Norwegian tech firm to develop travel solution, Mongolian Airlines' collaboration with Sabre to grow routes
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Covid-19: APAC travel takes hit, SEA startups will struggle for funding
No
one doubts the impact of Covid-19 will be felt in every sector, from airlines
to hotels and startups. A report from Velocity Ventures, a VC fund based in
Singapore, for example, anticipates a drop in funding of 25% for startups in
South-east Asia. But all are keeping an eye on when recovery will [...]
ZUZU Hospitality hits sweet spot, and why there’s less need for hotels to have a brand today
Four years on, after having signed its first hotel in July 2016, ZUZU Hospitality believes it has found its sweet spot in helping independent hotels manage their demand and revenue management.
It now has 1,800 hotels, with the sweet spot being those with 20-50 rooms, across South-east Asia name [...]
Travelogix eyes APAC and South Africa in bid for international expansion
Travel
data management company, Travelogix has announced plans to expand in APAC and
South Africa over the course of the next few months. This move follows its
recent management buyout from Sweden-based Safeture AB last September. It aims
to increase its international market share of its Analytix p [...]
“Unbloating” Expedia: Diller and Kern to breathe new life into group even though it will mean less life, more work for staff
For someone who excused himself in advance for being “raggy” (informal) because “I haven’t done this in a while”, Expedia Group chairman Barry Diller certainly knew how to capture attention with his comments in the company’s earning calls yesterday.
Most of what he and his handp [...]
Amid cancellations and chaos, be brave, adjust to the new normal and take lessons from free diving
Other than
makers of face masks, hand sanitisers, toilet paper and instant noodles, it is
hard to think of anyone who’s not been affected adversely by this global virus
scare.
Every day,
my inbox is filled with news of events being cancelled or postponed – the
biggest one of which was the M [...]
WiT Middle East Watch: Tunisian bike taxi startup gains momentum, Radisson sees RED in Middle East, Arab countries show strong demand for ITB Berlin
Tunisian bike taxi startup gains momentum
Tunisian bike taxi startup IntiGo has picked up momentum, having raised over $300,000 in funding from angel investors, reported MENAbytes.
The startup
had raised $300,000 three months ago when it launched.
Founded by
serial entrepreneur an [...]
MakeMyTrip reports strong earnings, management role changes and discusses coronavirus impact
MakeMyTrip, India’s largest online travel agency, announced a strong double-digit year-on-year increase in adjusted revenue for the third quarter of fiscal year 2020 to $206.7 million.
During the
company’s third quarter earnings call, it also announced that founder Deep
Kalra has handed ove [...]
WiT South Korea Watch: Strong growth in online shopping, first Avani property in Busan, traditional heritage on show at Incheon airport
Highlights: Growing popularity of online shopping boost to retail e-commerce in wired South Korea, debut of Thailand-based Avani brand in Busan, Incheon Airport set to be showcase of Korean traditional heritage
South Koreans’ love for online shopping behind retail e-commerce's robust growth
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2020 touted as a “year in recovery” for Singapore tourism in face of Corona virus scares
Riding
off the back of four years of consecutive growth, the Singapore Tourism Board is
bracing itself for a rough year, and has estimated that visitor arrivals could
drop by 25 to 30%.
In the midst of the Corona virus (2019-nCoV)
crisis, multiple countries have released advisories dissuading t [...]
