Regions
Web3 will disrupt payments but 2C2P is prepared to face the future
26/09/2022 by Yeoh Siew Hoon
“What we see now is not what it will be; it will be good for consumers,” says founder Aung AUNG Kyaw Moe, founder and CEO, 2C2P is well aware that Web3 could disrupt his 19-year-old B2B payments business but like the entrepreneur and survivor that he is, he’s facing it head-on because he beli [...]
Why India travel needs to thank Online Travel Agencies (OTAs) for its growth
26/09/2022 by Viren Jain
“The elephant has started dancing” Virendra Jain, Co-founder and CEO, VIDEC and Director, Business Development, APAC and Middle East, Phocuswright casts his eye over the India travel landscape and examines the factors that are fuelling the Indian travel boom currently – from a humongous smart [...]
Tech in Travel: Hotel security, preparing for Japanese travel, bye-bye Misterfly, and More
22/09/2022 by Ian Jarrett
Be ready for the return of the Japanese traveller Wolfgang Emperger, senior vice president for Europe, Africa and the UK & Ireland at the Shiji Group, has been talking about the steps companies need to take as Japan cautiously opens its borders to travel. Shiji Group provides technological sol [...]
Saudi Arabia’s PIF plans $1b stake in Seera’s travel unit, Almosafer
21/09/2022 by WiT
SAUDI Arabia’s sovereign wealth fund, the Public Investment Fund, has signed a non-binding deal with Seera Group Holding to acquire a SR3.75 billion ($1 billion) stake in its travel unit Almosafer. The PIF seeks to hold 30% of Almosafer’s capital, Seera Group said in a bourse filing. As part [...]
Ixigo sees rise in revenues, fuelled by lower tier cities
12/09/2022 by Yeoh Siew Hoon
Aviation activity – Air India, Akasa, Jet Airways – will spur growth: Aloke Bajpai AS travel recovers in India, Ixigo’s revenues are also seeing a rebound. According to the company’s financial statement published on its website, the Gurugram-based travel booking app saw revenues grow 2.8X t [...]
The Wrap: Agoda partners with GSTC, Sustainability Lead at FCM, Vietnam Air and Sabre extend partnership, RedBus Offers “Cancel For Any Reason” Protection
05/09/2022 by Arvindh Yuvaraj
Agoda partners with GSTC to support hotels Agoda is partnering with the Global Sustainable Tourism Council (GSTC) to support hotels develop sustainable tourism practices. Singapore is the first country where the programme will be launched, with Agoda and GSTC sponsoring 50 Singapore hotel pro [...]
Seven startups advance to Grand Finals at WiT Singapore
26/08/2022 by Arvindh Yuvaraj
Travel startup ecosystem is alive and well, say judges THE travel startup ecosystem is alive and well, despite the ravages of the pandemic, concluded judges at the WiT/Phocuswright Global Startup Pitch held August 25, as they named seven startups to advance to the Grand Finals at WiT Singapore 2022 [...]
Singapore’s mask-off heralds good news for APAC travel
25/08/2022 by Yeoh Siew Hoon
All eyes on Japan as it takes one more step towards easing of restrictions “THE women will be happy, lipstick sales will go up,” said the Gojek driver to me, the day the announcement came that Singapore would make masks optional except in public transport and medical facilities effective August [...]
Inbound to SEA soars, Japan trending high in flight searches, Expedia to double down on B2B
22/08/2022 by Yeoh Siew Hoon
“When Japan opens up, we will see another wave,” says Expedia’s new APAC head, Michael Dykes INBOUND travel demand for SEA grew four times yoy in the first six months of 2022, indicating a strong return of travel in the region, according to Expedia flight data. The top inbound travellers c [...]
Villa rental market in APAC growing along with travel recovery
19/08/2022 by Arvindh Yuvaraj
How has travel behaviour changed over the past two years, and how can villa owners stay on top of the trend? Travellers are ready to fly again According to a research by American Express, 74% of travellers are more willing to book a trip, even if they have to change or cancel it later on. Masterca [...]