“The emails and phone calls suddenly stopped” but MyRealTrip persevered and raised US$36m. Here’s how it did it
MyRealTrip, South Korea’s online travel platform, which had its roots in tours and activities, made headlines on July 29 when it raised US$36m in a funding round led by existing investor Altos Ventures along with IMM Investment and Smilegate Investment. New investors including Korea Development B [...]
Ixigo reinstates salaries, sells Travenues to SpiceJet, weans off Google
“The longterm net gainers are OTAs and airline direct,” says Aloke Bajpai
From the outside looking in, it would seem that the Covid-19 situation is getting worse in India which it is from the rate of infections but somehow one travel company, Ixigo, the Indian e-commerce website for flights, [...]
Asia saving Asia: Visa-free travel for residents, safe travel protocols and new experiences for the times
Ideas collected from the wisdom of the crowd during the WiT Virtual Summit
While it is clear that domestic travel is the
immediate market for recovery at this time, the travel industry in Asia also
needs to look ahead and think of ideas to get more Asians travelling since
intra-regional travel w [...]
Malaysia puts bet on domestic tourism, nature attractions tipped to do well
2020 was meant to put Malaysia on the global tourism map with the ambitious Visit Malaysia 2020 campaign, which the country had hoped would bring in 30 million international tourist arrivals and add RM100 billion (US$364 billion) to the national coffers. Then came the coronavirus, and the campaign [...]
Global direct hotel bookings gaining some ground: D-EDGE
Driven by domestic demand, global hotel direct bookings from June are already reaching last year’s volume, according to data from D-EDGE’s newest edition of its Hospitality Recovery Tracker dashboard.
D-EDGE has made this web-based tracker available globally as an “initiative to give b [...]
The Wrap: AAPA calls for easing of restrictions on international travel, WTTC Safe Travels get stamped by additional countries, and more …
The Wrap is a round-up of news in the
travel and technology industries, and to keep track of developments in these
sectors as the green shoots of recovery slowly take root.
AAPA urges governments to ease “unduly onerous restrictions” on international air travel
Most international flights [...]
Meet the unsung heroes of Raffles City hotels, Singapore
While most of us were hiding at home during Circuit Breaker in Singapore there were those working in hospitality who had to show up for work to keep their hotels running, and caring for Stay-Home-Notice and Quarantine Control Facility guests in Singapore.
Curious to find out more about these wor [...]
E-commerce and e-logistics will continue to rise in ASEAN, with new players emerging
This report was compiled by RedSeer.
E-commerce in ASEAN has come a long way since it began in the early 2010s. As we enter a new decade, the industry is poised for rapid growth in the region. The e-logistics market has followed a similar trend with new players emerging towards the latter half [...]
What is it like to manage a “Hotel California”? Behind the scenes of Raffles City hotels with Marcus Hanna
In all his years of hotel-keeping, Marcus Hanna never imagined he’d be running a “Hotel California” type operation where guests “can never leave” their rooms but so it has been for the past months with his hotels, Swissôtel The Stamford (1,252 rooms) and now one tower of the Fairmont Sin [...]
Technology key to recovery for Indian hotels post-Covid
Technology will play a key role in the long road to recovery from the Covid crisis for India’s hospitality industry according to a new report, Indian Hospitality at Tech Tipping Point, produced by RMS Cloud.
The report, which provides an overview and analysis of the impact of technology on In [...]
