Sectors
OTAs tipped to benefit most from China’s travel recovery, with Gen Z driving growth
08/05/2023 by WiT
OTAs are tipped to be the key beneficiaries of the Chinese travel market, which is expected to grow 13% per annum post-Covid, according to a report by DBS, Singapore’s major bank. The report, “China Online Travel Sector”, states that more than 60% of online bookings are via online travel ag [...]
Unstoppable India: Aviation activity steps up, travel rebounds, middle class set to surge
08/05/2023 by WiT
Sabre highlights key travel trends in the world's most populous country, as of April 2023 A key milestone in the world was passed in April when India’s population reached 425,775,850 people, matching and then surpassing the population of China. Marking this landmark moment, the UN in this repo [...]
GT Pay: From Covid baby to Finalist in Business Innovation awards
26/04/2023 by Yeoh Siew Hoon
GlobalTix’s new payments product allows merchants to accept different digital wallets across Asia You could call it a Covid baby but GlobalTix’s latest product, GT Pay, which allows merchants to accept up to more than 30 digital wallets across Asia, took a while to grow into its own. Said CE [...]
From Hotel California to no room at the inn – the change in fortunes for one Singapore hotel
27/09/2022 by Yeoh Siew Hoon
Farm, CoComelon, Razer gaming suites – “this is what we joined the industry for – to make people happy, to create experiences” THE last time I interviewed Marcus Hanna, general manager of the Fairmont and Swissotel The Stamford, Singapore, we were both masked, his hotels were like ghost tow [...]
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 [...]
Kathleen Tan on how MYAirline aims to be different, two decades after low cost was born in Malaysia
20/09/2022 by Yeoh Siew Hoon
“We bring experience to a new generation of leaders” Kathleen Tan, who started her airline career with AirAsia in 2004, and went on to head up commercial and eventually, became CEO of North Asia, has returned to the industry after a four-year break. She’s now executive advisor to MYAirline, a [...]
In a Gen Z’s words: Why I never considered hospitality as a career
19/09/2022 by Caitlyn Tan
“Sell hospitality as centered around experiences, not service” Now more than ever, the hospitality industry is facing a huge talent challenge. Covid hollowed it out, many were asked to leave, even more left, those who stayed were overwhelmed and even more so now as travel recovers. The future l [...]
Nine years after, these Doinn digital nomads have landed in Singapore
13/09/2022 by Yeoh Siew Hoon
Mission to expand their cleaning services to short-term rentals in Asia IT was back in 2013, when the terms “remote worker” or “digital nomads” had not yet been coined, when husband-and-wife team, Nuno Rodrigues and Noelia Novella, did a round-the-world trip, covering 11 cities and spending [...]
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 [...]
Strong passenger demand continues in June
11/08/2022 by WiT
RECOVERY in air travel remains strong, according to June 2022 passenger data from the International Air Transport Association (IATA). The highlights: Total traffic in June 2022 (measured in revenue passenger kilometers or RPKs) was up 76.2% compared to June 2021, primarily propelled by the o [...]