News
The Wrap: Malaysia Airlines taking ‘Malaysian Hospitality’ beyond flights
08/05/2019 by WiT
In the news: Malaysia Airlines' second phase of Malaysian Hospitality canpaign, Tourism New Zealand and Tencent partner in tourism push, B2B virtual payment from Sabre and Visa, Airlines: Malaysia Airlines taking ‘Malaysian Hospitality’ beyond flights The rebranded MHassistant app - offer [...]
Q1 growth slows for vacation rentals as Expedia Group realigns business for long-term
06/05/2019 by Mitra Sorrells
A deceleration in gross bookings in Expedia Group’s alternative accommodations business captured much of the attention on the company’s call with analysts to discuss its first-quarter earnings report.Vrbo’s gross bookings were up 5% in the first quarter of 2019 compared to the first quar [...]
WiT Europe puts spotlight on two markets for the future, Asia and Middle East
03/05/2019 by Yeoh Siew Hoon
In two weeks’ time, WiT will be back in Amsterdam, putting the spotlight on Asia and for the first time, Middle East. For companies looking for new growth, these two regions are critical for the future. In the past four months, we have held events in Malaysia, Dubai and Seoul and one thing’ [...]
Digital natives continue to stress dependence on hotel reviews
03/05/2019 by WiT
In a latest report measuring the impact of hotel reviews on booking behaviours, some 83% of digital natives, the largest incoming travel group, stress that reviews play a very important role in their booking decision. Booking.com is their preferred review source (68%), while Google is creeping u [...]
Record European fintech Series A funding for Checkout.com
03/05/2019 by WiT
Checkout.com, the global payment solutions provider, has raised $230m in what is Europe’s largest fintech Series A round ever, and globally the third largest fintech Series A round of all time.  Although in its seventh year of business, this is the first time it has reached out to outside i [...]
End of standard room types, robotic concierge and achieving ‘cult status’: Is this the future of hospitality?
03/05/2019 by WiT
Travellers checking into hotels today are usually greeted by guest relations personnel, stay in the traditional room types (single, double, suite or family rooms) and avail themselves of a number of services. All tried and tested, and loved by most. However, this picture is set to change as the [...]
The Wrap: Marriott expands into home-sharing business with launch of vacation rental platform
01/05/2019 by WiT
In the news: Hotels take the spotlight with Marriott making a foray in home rentals, and two partnerships – Amadeus/Restel and Amex/Booking.com – offering wider choice of accommodations to customers Hotels: Marriott expands into home-sharing business with launch of vacation rental platform [...]
Letter from Seoul: Travel market has all the makings of a K-drama like Mr Sunshine
30/04/2019 by Yeoh Siew Hoon
Someone once asked me why WiT was in Seoul. My answers were simple. It is the second largest outbound market in Asia, after China. Consumers are changing faster than traditional travel players. Into that vacuum has entered global OTAs and local startups that are rewriting the rules of the game. [...]
Ctrip boosts ownership of MakeMyTrip after Naspers swap
30/04/2019 by WiT
Ctrip has increased its shareholding in India’s MakeMyTrip to 49 percent after Naspers, a South African Internet giant, swapped out its MakeMyTrip shares for 5.6 percent of Ctrip. “We are grateful for the unstinting support Naspers has provided us over the last couple of years. We have worked w [...]
Grab invests in Singapore’s logistics company Ninja Van, forms partnership
29/04/2019 by WiT
Grab, fresh on the heels of adding four services in a bid to evolve from ride-hailing app to super app, announced it has invested in and formed a "strategic partnership" with Singapore-based logistics services provider Ninja Van. Terms of the deal have not been disclosed. The partnership see [...]