Not-so-fast: Travellers show caution as travel resumes
Booking.com survey finds that disruptions, cost and safety still holding back travellers, but not in India, China and Vietnam
IT’S called separation from travel anxiety. The desperate urge to get away after two years of Covid-enforced lockdown. Anywhere. Anytime.
A staycation. A short-haul t [...]
WebBeds’ Sun on rate parity, credit and distribution shifts
Bedbank sees strong recovery in both traditional and online channels
Just as its hotel partners had to pivot to domestic during the pandemic, so did WebBeds as it re-deployed resources towards domestic content, closed its Taiwan office and ramped up its domestic distribution network, working with l [...]
Sequoia launches $850m SEA fund, Trip picks CHOOOSE
SEQUOIA Capital, marking its 50th anniversary, has raised $2.85 billion to fund Indian and South-east Asian startups. The fundraising is its largest so far for India and Southeast Asia.
A total of $850 million will go towards Sequoia's first fund dedicated to South-east Asia, Sequoia SEA Fund I.
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Yanolja Cloud names David Peller as EVP, launches into f&b with Gusto X
YANOLJA Cloud, the Software-as-a-Service company owned by South Korea’s Yanolja, continues its expansion with the appointment of a global senior leader and a joint venture in the f&b sector.
It has appointed David Peller, formerly managing director, travel and hospitality, Amazon Web Servic [...]
With $70m and fourth acquisition in hand, Bookaway set to take next leap forward
How a honeymoon idea started in Asia, and grew during the pandemic
HAVING raised a total of $70 million in the last 12 months, and finalised a fourth acquisition, Bookaway Group, which wants to be the Booking.com of buses, rail and ferries, is ready to scale its business for the next leap forward. [...]
Strong international traffic propels continuing air travel recovery
AIR travel, driven primarily by international demand, resumed its strong recovery trend in April, despite the war in Ukraine and travel restrictions in China, according to the International Air Transport Association (IATA) .
Total demand for air travel in April 2022 (measured in revenue passen [...]
Global travel search nears pre-pandemic levels; half of top city pairs fully recovered
Amadeus Travel Pulse shows India leading green shoots for travel in APAC
FOR the first four months of 2022, search volumes around the globe have been increasing, almost reaching 2019 levels, according to Amadeus Travel Pulse, which measures air travel search data.
Frédéric Barou, Senior Vice [...]
FCM steps up its game in Japan with blend of global-local tech solutions
GLOBAL travel management company FCM is marking its 10th year of operating in Japan by opening a new, dedicated Tokyo office as part of its decision to have more skin in the game in the world’s fourth largest business travel market
Last September, it took a majority stake in NSF Engagement, w [...]
From “hilltribe lady” to “tea lady”: The making of Araksa
When inbound travel stopped, specialty tea making and community experiences flourished
“It’s the hardest thing I’ve ever done in my career,” said Chananya Phataraprasit as she introduced me to the 17 (soon to be 18) types of speciality teas her Araksa Tea Garden in Chiang Mai is currently p [...]
The Wrap: It’s all about partnership – STB with Traveloka and Trans Digital, Trip Affiliates Network with TX Travel Indonesia
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more …
STB, Traveloka, Trans Digital Media join forces to revitalise Indonesians’ wanderlust to visit city state
SINGAPORE is gear [...]
