Sectors
Panorama Tours joins hands with JTB to create Panorama JTB Tours
08/02/2017 by WiT
Panorama Tours has entered into partnership with the world’s largest travel company – Japan Travel Bureau/JTB Corporation. Pending approval of the Conditional Sale and Purchase Agreement (Agreement), the partnership will see a new entity – Panorama JTB Tours – that will “increase [...]
Priceline-Momondo deal raises question – will consolidation move to Asia with two major independents remaining?
08/02/2017 by Yeoh Siew Hoon
It is interesting to see this latest wave of consolidation in the travel metasearch space move to Europe with the announcement that the Priceline Group has signed an agreement to acquire UK and Denmark-based metasearch site Momondo Group for $550 million in cash. With this following on the heels [...]
AccorHotels strengthens position in luxury private rental market with Travel Keys acquisition
07/02/2017 by WiT
AccorHotels has begun “exclusive negotiations” for the acquisition of 100% of Travel Keys, a leading player in the private vacation rental market founded in 1991. According to a statement from AccorHotels, the rental platform is "an elite travel broker representing a luxury collection of ove [...]
Majority of travellers use search engines when looking for travel inspiration
04/02/2017 by WiT
Travellers are turning to search engines when looking for hotels or information about destinations, with the majority turning to Google as their most common source of travel inspiration. Guest feedback platform TrustYou reveals 77% of travellers search for accommodation and/or locations, while 57 [...]
Give me the God of Wealth anytime over the God of Wrath
03/02/2017 by Yeoh Siew Hoon
I am feeling particularly good about this Lunar New Year. That’s because I was given an “ang pow” (red packet with money) by the God of Wealth personally. I ran into him at a new year’s party hosted by George Town Heritage + Hotels in Penang and that red packet he gave me, I will keep [...]
26% Of Australians Would Accept A Lower Paying Job If It Meant Traveling More For Work
26/01/2017 by WiT
26% of Australians would accept a lower paying job if it meant traveling more for work, reveals Booking.com for Business. Businesses must brace themselves for a new breed of business travellers that favour new experiences over traditional workplace benefits. New research reveals that a staggering [...]
RedDoorz: Lessons on how to build a business on the ground, not on the portal
26/01/2017 by Yeoh Siew Hoon
The Chinese believe red is a lucky colour and it seems to be working in RedDoorz’ favour, although it’s also taken a lot of hard work to get to where it is. The startup that pivoted from a B2B tech player focused on India to becoming a new generation budget hotel chain focused on Indonesia is [...]
The Wrap: Where travellers are going to spend the Lunar New Year
25/01/2017 by WiT
In the news: Sojern's data on travel trends for the festive season, Marriott’s first pop-up innovation lab, Emirates' fares on Sabre Travel Marketplace MARKET INTELLIGENCE: WHERE TRAVELLERS ARE GOING TO SPEND THE LUNAR NEW YEAR The forecast of a global economic slowdown and geopolitical [...]
Letter from KK and Penang: A new world of travel, a new class of accommodation
25/01/2017 by Yeoh Siew Hoon
I hardly recognise Kota Kinabalu (KK) these days. It’s been just over a year since I’ve visited this East Malaysian state on the island of Borneo, and the developments blew me away. KK is an example of a destination transformed by low cost airlines and the rise of the middle class traveller a [...]
No to compromise, yes to control – the paradoxes of today’s traveller
20/01/2017 by WiT
Human behaviour may be predictable but it would be a mistake to assume it is consistent. Our needs and preferences are in a perpetual state of flux. We often even confuse the two, resulting in far too much of what we thought we wanted and too little of what we truly need. The same goes for the on [...]