Regions
AccorHotels continues buying spree with deal to acquire another events company
17/05/2017 by WiT
Last month Europe's largest hotel group, AccorHotels, ventured into private sales with the purchase of booking platform VeryChic, which followed on the heels of its decision to buy French hospitality firm Potel & Chabot (deal is currently under negotiations). The company is buying again - [...]
How airlines should prepare for the future as China and big data disrupt aviation
17/05/2017 by Yeoh Siew Hoon
It is clear that disruptive forces are coming “faster and bigger than you think” to change aviation – the question is, are the airlines ready for it? Peter Harbison, executive chairman of Sydney-based Centre for Aviation (CAPA), opening the Airline Leader Summit in Dublin last week, believe [...]
AirAsia, Everbright form JV to launch low cost carrier in China
15/05/2017 by WiT
AirAsia, Asia’s largest budget carrier, signed a joint venture (JV) agreement on May 14 In Beijing with China Everbright Group, a state-owned financial enterprise, and Henan Government Working Group to establish a low-cost carrier (LCC) in China. The JV, AirAsia (China), will have its base in t [...]
Healthy report cards in travel, Asia stays strong
11/05/2017 by WiT
Travel businesses released healthy report cards this first quarter of the year. Two giants in the distribution business – Amadeus and Travelport – saw growths in revenues with Asia Pacific doing particularly well. Travelport’s net revenue increased 7% to $651 million and net income increase [...]
The Wrap: ZEN Rooms brings cash-on-delivery concept to hotel booking
11/05/2017 by WiT
In the news: ZEN Rooms' new pay-at-hotel feature, Amadeus’ expansion in Indonesia, new partnerships - Serko and HRS, Hotels.com with Standard Chartered HOSPITALITY: ZEN ROOMS BRINGS CASH-ON-DELIVERY CONCEPT TO HOTEL BOOKING ZEN Rooms, a leading online budget hotel franchise in Southeast [...]
Behind the Shangri-La & Taj partnership: A new vision of loyalty
10/05/2017 by Yeoh Siew Hoon
I have three dogs so I know a little about loyalty. We love our pooches because they love us unconditionally and it doesn’t matter how we treat them, their loyalty is unstinting. We humans are different. Some of us are more loyal than others and our loyalty is conditional on many factors. In [...]
Letter from Seoul: Tensions there may be but in travel, it’s business unusual as competition heats up and mobile rules
10/05/2017 by Yeoh Siew Hoon
Over Korean barbecue with real beef (my Korean hosts insist on using the adjective, which makes me wonder if there’s a lot of fake beef going round like news), I asked my friends, “How do you think living in a place that’s always in the middle of tensions and threats of nuclear bombs shape you [...]
SilverNeedle Hospitality acquires Brand Karma, rebirths as Next Story Group
10/05/2017 by WiT
SilverNeedle Hospitality Group has acquired new media marketing agency, Brand Karma. Together with SilverNeedle’s in-house architecture and design agency Virsa, the entity has rebarnded as Next Story Group, calling itself "highly-specialised in marketing and design, holistically maximising ROI [...]
Northstar Travel Group acquires the leading group of hotel investment events from Burba Hotel Network
09/05/2017 by WiT
Northstar Travel Group announced it has acquired the hotel investment event portfolio from Burba Hotel Network (“BHN”), the American Hotel & Lodging Association (“AHLA”), and their other partners.  BHN produces 10 hospitality investment events and conferences around the world, including [...]
Unveiled: Behaviours of Chinese travellers, and what motivates them
08/05/2017 by WiT
Chinese international travellers currently numbered an estimated 100 million, making China the world’s largest outbound travel market. By 2030, the country will have about 600 million middle class citizens and most of them will want to travel. What drives the Chinese to travel so often and in s [...]