News
Best Western gains foothold in luxury segment with purchase of WorldHotels
19/02/2019 by WiT
Best Western Hotels & Resorts is adding luxury to its portfolio with the acquisition of Frankfurt-based WorldHotels. Financial terms of the deal have not been disclosed. This is the second change in ownership for WorldHotels. It was bought by US based hospitality sales and marketing conso [...]
HolidayMe expands to South-east Asia through merger with Tripfez
19/02/2019 by WiT
Dubai-based online travel platform HolidayMe is expanding its footprint to South-east Asia through its merger with Muslim travel site, Tripfez. The deal, which involved a share swap and undisclosed terms, will see the Malaysia-based startup merged with HolidayMe. CEO Geet Bhalla, who started [...]
D-EDGE brings combined strengths to grow business as Grob predicts a looming price war over net rates in Asia
18/02/2019 by Yeoh Siew Hoon
D-EDGE Hospitality Solutions, the new brand borne out of the merger between Availpro and Fastbooking, will step up its expansion activities in Asia as well as Europe, confident in the knowledge that its new integrated offering combining the complementary strengths of both brands will stand it in go [...]
Startup Spotlight: Smartvel makes selling destination content easier
19/02/2019 by WiT
As part of the WiT Startup Spotlight series, we go to Madrid this week to speak to Smartvel, which was launched in 2013 with the idea of providing destination content to travel brands to help them enhance their sales. In total, it's raised £3 million and is looking to expand globally. Describe [...]
Dubai International rebrands to transform into lifestyle destination
18/02/2019 by WiT
Dubai International (DXB), the world busiest airport for international passenger, has seen an annual average growth rate of more than 13% with 2018 traffic surpassing 89.1 million. Last December it achieved a milestone when it welcomed its billionth customer. The airport's good connectivity to m [...]
Tours & activities: continued growth, walking and eco tours top
15/02/2019 by Yeoh Siew Hoon
The tours and activities space has been watched closely in the last few years, tapped as a promising revenue generator for the travel industry. Phocuswright’s Tours & Activities Come of Age: The Global Travel Activities 2014-2020 Report had pegged the tours and activities marketplace to reach [...]
Airbus bids farewell to the A380 as Emirates cuts order in favour of smaller, more agile fleet
14/02/2019 by WiT
Airbus has made the decision to halt the production of its A380s in a move which could be regarded as a strong marker of air travel’s current state of evolution. The move comes after Emirates, its best customer, dropped its order from 162 to 123 aircraft. But the drop in Emirates’ A380 order [...]
Six Senses Hotels Resorts Spas joins IHG family
14/02/2019 by WiT
Six Senses Hotels Resorts Spas is now part of the InterContinental Hotels Group family after the latter made a $300 million cash acquisition from Pegasus Capital Advisors of the former. The deal includes all of Six Senses’ brands and operating companies but does not include any real estate ass [...]
The Wrap: 2018 – A year of flying high for airlines
13/02/2019 by WiT
In the news: Airlines in focus this week with the aviation industry reporting a good 2018, Malaysia Airlines launching its pilgrim-centric service for umrah and hajj, and easyJet offering 3D AR hand luggage scanning for passengers. Aviation: 2018 – A year of flying high for airlines Strong [...]
Startup Spotlight: Tribal Tourist inspires adventure seekers in Africa
14/02/2019 by WiT
As part of the WiT Startup Spotlight series, we met Tribal Tourist – a tours and activities booking platform that taps into Africa's potential as an adventure travel destination, by helping to bring local businesses and operators online. Describe the business, core products and services in o [...]