Sectors
Emerging technology trends and their impact on the hospitality industry: Viewpoint
27/05/2019 by WiT
Earlier this month Amadeus and InterContinental Hotels Group (IHG) released a research paper – Drivers of Change in Hospitality – produced in collaboration Foresight Factory and Cornell University that identified three trends that the sector must respond to meet the needs of the consumer of the [...]
Record number of Asians take cruises but account for smaller slice of global cruise pie in 2018: CLIA
24/05/2019 by WiT
A record number of Asian sourced passengers took cruises in 2018, but ended up accounting for a smaller slice of the global cruise pie, according to the latest CLIA cruise report.  CLIA’s 2018 Asia Cruise Industry Ocean Source Market Report said there were 4.24 million Asia sourced cruise [...]
Trade tensions? Ctrip sees opportunity, reports strong financials
23/05/2019 by WiT
Ctrip.com has put concerns over escalating trade tensions with the US and a slowing economy to rest with a strong showing in the first quarter results of 2019.  The online giant’s net revenue increased by 21% year-over-year to RMB8.2 billion (US$1.2 billion) in the first quarter of 2019. Inco [...]
Amadeus runs live NDC bookings through global partnership with Travix
23/05/2019 by WiT
Amadeus announced last week that it has started conducting live NDC bookings since last November, through a newly established global partnership with online travel agency, Travix. Travix is considered one of Amadeus’ “driver customers” for its NDC-enabled Web Services solution, which the G [...]
It’ll take the whole industry to truly make NDC a reality, but progress is being made
23/05/2019 by WiT
In the complicated world of airline distribution, NDC is an acronym many use but seemingly few truly understand. In a panel made of travel management companies, airlines and GDS providers openly shared their hopes and hesitations regarding the elusive technology that continues to promise to revolut [...]
The Wrap: Rising costs halved Asia Pacific airline profitability in 2018
22/05/2019 by WiT
In the news: Airlines take centre stage with Asia Pacific carriers reporting a dip in profits, Malaysia Airlines and Radisson in loyalty partnership and Vietnam looks to technology to lower operational costs Aviation: Rising costs halved Asia Pacific airline profitability in 2018 APAC airline [...]
Ctrip offers insights into customised high-end travel, highlights difference from standard packages
21/05/2019 by WiT
The concept of "customised travel" is relatively new in China, a trend seen only in recent year and, as such, there are uncertainties surrounding this luxury segment. Ctrip, China’s largest online travel agent, shared insights into this growing market in its new report, Chinese High-End Outb [...]
These are the top five cities to meet in Asia Pacific
16/05/2019 by WiT
Singapore, Sydney, Kuala Lumpur, Bangkok and Hong Kong are the top cities for meetings and events in Asia Pacific, according to the Asia Pacific Destination Report 2019. Published by American Express Meetings & Events, a division of American Express Global Business Travel (GBT), the re [...]
The Wrap: Culture holds a fascination for Chinese travellers
15/05/2019 by WiT
In the news: The spotlight is on China with a report on Chinese travellers’ growing interest in culture trips, Dorsett’s partnership with JegoTrip to expand customer base, and Guangzhou’s Heycars collaborating with Amadeus to reach more travel agents Travel: Culture holds a fascination for [...]
YouTrip raises US$25.5m in pre-Series A to help SEA travellers with payments on the road
16/05/2019 by WiT
Singapore startup YouTrip announced today that it has raised US$25.5m in its pre-Series A – making it the largest funding round for a fintech startup in South-east Asia. Participating investors include major Asian family offices and venture capital firm Insignia Ventures Partners. Launche [...]