Sectors
How to turn revenge travel into beautiful travel – tips from those doing it
04/08/2021 by WiT
PENT-UP demand there will be for sure – look at how travel has rebounded in markets where restrictions have been lifted – but how can the industry turn “revenge travel” into “beautiful travel”, given the downtime it has had to create new products and services to cater to changed consume [...]
It will be a while before flights get better for consumers and here’s why
03/08/2021 by Yeoh Siew Hoon
Fixing flights still cumbersome, only a few players can be globally competitive, says Etraveli's Hedlund WHILE everyone is dreaming of “better travel” ahead, post-Covid, it will still be a while before flight bookings become a good consumer experience and in fact, according to Mathias Hedlun [...]
Small increase in June air travel, long way to recovery due to international restrictions: IATA
02/08/2021 by WiT
THE month of June saw a very slight improvement in both international and domestic air travel markets, but passenger demand still remains way below pre-Covid-19 levels owing to international travel restrictions. Elaborating, the International Air Transport Association (IATA) said total demand fo [...]
The Wrap: Tauzia properties bookable on Ascott’s new online platform, Yanolja Cloud partners with Vietnam’s VNTravel, and more …
28/07/2021 by WiT
THE Wrap is a round-up of news in the travel and technology industries, and an update on how businesses in these sectors are adapting and resetting as they prepare for post-pandemic travel. Indonesia’s Tauzia properties available for booking on Ascott’s new online platform discoverasr Asc [...]
Travellers don’t want same old, they want new – from how they travel to where they go
28/07/2021 by Yeoh Siew Hoon
Expedia's first Traveler Value Index shows consumers “do not want to go back to what it was in 2019”, says Greg Schulze JUST as the Olympics, which is currently ongoing in Japan, proves that sports can unite humanity, so can travel and Expedia Group’s Greg Schulze believes it won’t be lo [...]
ALIS goes live in Los Angeles, 1,800 gather to talk hospitality and investment
27/07/2021 by WiT
THE biggest hospitality industry conference in the US went back to live this week when the 20th annual Americas Lodging Investment Summit (ALIS) opened at the JW Marriott L.A. Live and Microsoft Theater in Los Angeles. An estimated 1,800 gathered at the hotel investment conference, produced [...]
BeMyGuest introduces web-based point of sale system for offline transactions
27/07/2021 by WiT
SINGAPORE’S BeMyGuest has developed Xplore WebPOS, a web-based point of sale (POS) system, for offline transactions. The online specialist said the software module, the company’s first, is designed for activity operators to sell faster over the counter. It has been created specifically for t [...]
D’EDGE points to revolution in hotel distribution as direct takes hold
26/07/2021 by WiT
A REVOLUTION is taking place in hotel distribution with a reshuffling of the cards between different players and different sales channels, according to a new White Paper "Hotel Distribution and the Pandemic: The Travel Chessboard” from D-EDGE. The paper studies the evolution of hotels' online [...]
What Yanolja intends to do with its new $1.7b funding
26/07/2021 by Yeoh Siew Hoon
No plans for consumer superapp outside South Korea, focus is on building next-gen travel platform “beyond OTA”, says CEO Jongyoon Kim WHEN news broke of SoftBank Vision Fund’s US$1.7b investment in Yanolja last week staff of the South Korean travel unicorn were working from home due to tig [...]
Fintech companies targeting the next billion users are living a pipe dream. Here’s why
23/07/2021 by WiT
This article was originally published by Saurya Simha Velagapudi in e27 THE future belongs to those who keep their feet firmly planted on the ground. This also applies to fintech companies. Before we get into fintech companies, let us begin this article by taking a quick history lesson. [...]