WIT collaborates with Phocuswright to find APAC Innovators of the Year
WIT Startup Pitch Japan & North Asia 2018 now open for entries
WIT has teamed up with Phocuswright in a search for two APAC Innovators that will be given opportunities to fast track their business ideas to become successful ventures on the global stage.
The WIT Startup Pitch for bo [...]
Longhaul low cost the next wave – airlines have to become ecommerce companies that fly
In the last 10 years, longhaul low cost airlines have mushroomed with international seats growing by 900%. Newcomer World Airways, the first longhaul LCC in the US, will be 100% digital and Millennial-focused while Cebu Pacific is trying to think of itself less as an engineering company but more of [...]
We in APAC are most vacation-deprived but guess who takes the lead?
Walking through Resorts World at Sentosa the other day, and spending time in Penang during the Chinese New Year festive period, It is hard to believe there are vacation-deprived folks in Asia. Both places were crowded with families and groups from all over Asia, with Chinese travellers clearly leadi [...]
Chinese travelling more, spending more, favour mobile payments: Nielsen/Alipay report
Chinese travellers are travelling more, spending more, and are more prone to using mobile payment when travelling.
These are the key findings of the latest of many reports on outbound Chinese travelling trends. According to the Outbound Chinese Tourism and Consumption Trends: 2017 Survey, by Niel [...]
AccorHotels sells majority stake in property business arm, to use proceeds for expansion
AccorHotels announced February 27 the plans to sell a 55%t stake in its AccorInvest real estate unit for 4.4 billion euros (US$5.4 billion) cash.
The new investors are the sovereign wealth funds of Saudia Arabia’s Public Investment Fund (PIF) and Singapore’s GIC.
Institutional investors in [...]
The Wrap: Everyone can now say ‘hi’ from the sky
In the news: Airlines take the stage this week, not only in conferences around the region, but in touting new services for its guests. In the limelight – AirAsia, Hong Kong Airlines and, indirectly, Travelport and ACI with a new solution for airline passengers.
AVIATION: Everyone can now say [...]
European airlines scored big in a la carte revenue last year, flying off with US$19bil
Estimated airline a la carte revenue worldwide in 2017 stood at US$57 billion, with European airlines leading at US$19.4 billion followed by Asian carriers at US$15.8 billion.
The estimates from the CarTrawler Global Statistics of a la Carte Revenue released by consultancy on airline ancillary re [...]
The Wrap: Travelport reveals plans to include NDC content on its distribution platform
In the news: This week’s focus is on IATA New Distribution Capability (NDC) as three rival global distribution companies – Travelport, Amadeus and Sabre – step up their game to deploy NDC-enabled products and adopt NDC standard in their airline retailing and product distribution strategy.
M [...]
Singapore sees record tourism growth for two years running, according to STB
Singapore saw growth in visitor arrivals by 6.2% (to 17.4million) across all of its top ten markets as well as higher-spending markets like China, South Korea, the USA and the UK. Tourism receipts rose by 3.9% to S$26.8 billion. It marks the second consecutive year of record tourism levels in Singap [...]
Letter from Penang: As Year of the Dog dawns, so will new travellers and citizens with different aspirations and expectations
Tomorrow, February 15, will be the peak of travel as millions of Chinese and their diaspora make the journey to wherever home is to gather for their Lunar New Year reunion dinners.
You can already feel it in Penang, when the population of the island more than triples with the return of Penangites [...]
