News
The Millennial Traveller: Locally grown, locally eaten as ‘farm to table’ catches on
22/07/2015 by WiT
Hooray! The ‘farm to table’ concept has finally picked up in Singapore. Marketing strategies have shifted from boasting about the vast distances the piece of perfectly seared steak has travelled for your enjoyment to showing off the restaurant’s humble rooftop garden that yields just enough mi [...]
MakeMyTrip to invest $15 million in HolidayIQ
22/07/2015 by WiT
MakeMyTrip, India’s leading online travel company, has acquired a minority stake in HolidayIQ, a popular Indian travel community and holidays-planning recommendation engine. The company will pick up around 28% stake in HolidayIQ for $15 million. The transaction is scheduled to complete in July 201 [...]
Six global hot spots drive air travel price increases despite flat forecast for 2016
22/07/2015 by WiT
India, China, Colombia, Mexico, Singapore and Australia are the six hot spots where increased business travel demand is pushing up global air prices despite signs that they will be essentially flat in 2016.The findings are from the 2016 Global Travel Price Outlook, a research paper from the GBTA Fou [...]
Best of TW Asia Global Wrap: Bali flights cancelled again due to ash cloud
22/07/2015 by WiT
Featured stories from TravelWeekly: Closure of Bali airport due to ash cloud, Airbnb’s new services for business travellers, Grand Hyatt’s strategies for the MICE marketBali flights cancelled again due to ash cloudThere was more misery for passengers flying between Australia and Bali on Wednesda [...]
Amadeus buys Itesso, adds hotel management to IT portfolio
22/07/2015 by WiT
Amadeus expands its technology offering to the hotel industry with the acquisition of Netherlands-based Itesso BV, a provider of cloud-native property management systems (PMS).Itesso currently provides PMS technology to 1,800 properties worldwide, with its new cloud-native Itesso Enterprise Lodging [...]
Armed with first funding, Allstay sets sights on dominating South Korea’s travel meta-search space
21/07/2015 by Yeoh Siew Hoon
Allstay, the Korean travel start-up which was one of the finalists in the WIT Japan Start-Up Pitch, is gunning to become the first and largest mobile travel meta-search in South Korea.The company has just raised its first round of financing – 500 million KRW (approx. US$430,000) – led by Venture [...]
WIT Start-Up: Penroads – a social platform connecting travelers
16/07/2015 by WiT
Q: Describe the business, core products and services in one paragraphPenroads is a social travel platform that connects travelers by destination and travel dates. People can communicate with anyone using our direct user-to-user chat in real-time to find travel partners to travel together, plan activ [...]
Sabre study paints a future of hotel booking that is contextual, intimate and instant
15/07/2015 by Yeoh Siew Hoon
Okay so my survey was not scientific in any way. I merely asked the question on my Facebook status, “If I were to say the words “future of hotel booking”, what words come to mind?”I wanted to get feel of what my network, biased towards frequent travellers, thought about the subject – and w [...]
Best of TW Asia Global Wrap: Wanted – secret agents to snoop on luxury hotels
15/07/2015 by WiT
Featured stories from TravelWeekly: SLH search for mystery hotel inspectors, an "invasion" of the HOGS in Bali, more Hong Kong’s events to drive businessWanted: secret agents to snoop on luxury hotelsSmall Luxury Hotels of the World (SLH) has launched a global search to find 25 new hotel inspector [...]
Skyscanner, Yahoo! JAPAN join forces to offer travellers millions of flight options
15/07/2015 by WiT
Search giants, Skyscanner and Yahoo! JAPAN, have teamed up to establish a joint venture – Skyscanner Japan – that will widen travellers’ access to and ability to compare millions of flight options, for travel both in Japan and internationally.Skyscanner Japan brings together Skyscanner’s lea [...]