Co-working space Spacemob Ascent to launch at Singapore Science Park
Singapore co-working space, Spacemob is set to open their second location by the end of March 2017 at their new digs in Singapore Science Park.
The launch of the new 14,000 square foot space came to life under Spacemob’s partnership with Ascendas-Singbridge, who specialise in sustainable urban [...]
Letter from Delhi: Inflection is nigh, disruption is here, let the games begin
My first thought on arriving at Delhi airport was how different things are today for a visitor. Firstly, the visa application process was a breeze compared to two years ago when I last visited. Secondly, immigration was smooth with separate counters for those with e-visas.
My impression of the ch [...]
Klook secures US$30 million funding, plans to accelerate global expansion
Klook Travel (Klook), Hong Kong-based tour and activities booking startup, announced on March 2 it has raised US$30 million in Series B funding.
The investment round was led by Sequoia Capital China along with existing investors Matrix Partners and ex-Tencent executive-backed Welight Capital.
[...]
It’s time to look beyond the hotel walls to reimagine the future of hospitality
All indications are that in the coming years, the growth in global tourism will outpace the growth in the global economy. So how can the hotel industry make the most of it? While no one has a crystal ball and sometimes making predictions can be a dangerous game, responsible executives must never [...]
The Wrap: Tokyo overtakes Hong Kong as most expensive city for business travel
In the news: ECA International’s Daily Rates research report, IATA's NDC aggregator certification for Travelport, CarTrawler and Justfly team up, H.I.S. Travel and Amadeus’ expense management solution
MARKET INTELLIGENCE: TOKYO OVERTAKES HONG KONG AS MOST EXPENSIVE CITY FOR BUSINESS TRAVEL
[...]
Amadeus heads into new year with strong 2016 showing
Amadeus has attributed its strong profit figures to its distribution and IT solutions businesses and also its acquisitions.
According to the recently released financial statements on its full year results ending December 31, 2016, Amadeus achieved adjusted profit of €911.0 million (US$963 milli [...]
WIT Specials: “Regulations around alternative accommodation overdue”
The big news to hit the newstands in past weeks was of Singapore being the latest city to crackdown on alternative accommodation, leaving a noticeable fissure in Airbnb’s global profile. Singapore follows suit behind New York, Los Angeles, London and Barcelona.
While consumers are up in arms ab [...]
AirAsia Foundation plans Destination Good marketplace through its support of social enterprises
It all started with her involvement in the rebuilding of Banda Aceh after the devastating tsunami of December 26, 2004 which killed 167,000 people and destroyed most of the Indonesian coastal city.
Yap Mun Ching, then holding the role of strategic planner at AirAsia, said that the airline had bee [...]
The Wrap: TRIPBAM, TrustYou partner to offer hotel review data integration
In the news: TRIPBAM and TrustYou partner, Blacklane and Groundspan team up, HRS’ healthy growth in 2016, Wego Indonesia’s and Hong Kong Tourism Board‘s joint marketing campaign
TRAVEL TECHNOLOGY: TRIPBAM, TRUSTYOU PARTNER TO OFFER HOTEL REVIEW DATA INTEGRATION
TRIPBAM, the hotel rat [...]
NIDA Rooms raises US$5.6mil, to use fresh funds for expansion
Malaysia-based NIDA Rooms has completed its Series A financing with new investment of US$5.6 million.
The round was led by global private investment firm Shanda Group, headquartered in Singapore, and other Southeast Asian investors.
This brings the total raised by NIDA Rooms to over US$11 [...]
