Sectors
Introducing The WiT Podcast: Unity In Crisis
05/03/2020 by WiT
It is said crisis unites and there’s no better time than now for unity as the travel industry undergoes its biggest test with the outbreak of Covid-19. With Asia being the first to be impacted, and the rest of the world now feeling the repercussions, there are lessons to be learnt and experiences [...]
AirAsia X offers a year’s unlimited flights for US$119 to restore confidence in travel
05/03/2020 by WiT
Airlines in the Asia Pacific region are expected to suffer US$27.8 billion revenue loss in 2020, the bulk of which would be borne by carriers registered in China with $12.8 billion lost due to the coronavirus (Covid-19), said the International Air Transport Association (IATA). (Update: On 5 Mar [...]
Dubai-based TPConnects lands investment from Flight Centre
04/03/2020 by WiT
Flight Centre Travel Group (FCTG) is boosting its tech platform with the  acquistion of a 22.47% stake  in TPConnects Technologies LLC.   The terms of the investment were not disclosed. Dubai-based TPConnects was founded in 2012 by Rajendran Vellapalath, who will continue to run the bu [...]
Events platform Bizly wins top innovator award at The Business Travel Show
03/03/2020 by WiT
Bizly, the “all-in-one platform for building events” topped eight final entries that pitched at the Business Travel Innovation Faceoff during the recent Business Travel Show at the Olympia London. The judges cross-examined, evaluated and critiqued all eight supplier presentations to determi [...]
MMT’s Kalra aims to keep busy with product, M&A and expansion: “I’m not going anywhere”
03/03/2020 by Yeoh Siew Hoon
If you think that the move of Deep Kalra from group CEO to executive chairman of MakeMyTrip marks the end of an era, he’d be the first to pooh-pooh the notion. For him, it marks the beginning of a new chapter in which he can “spend more time doing the things I wanted to do”. “It’s a f [...]
A US$4.8 billion economic stimulus package for Malaysia to mitigate Covid-19 impact (Updated)
02/03/2020 by WiT
Malaysia has unveiled the 2020 Economic Stimulus Package worth US$4.75 billion (RM20 billion) to combat the effects of the coronavirus (Covid-19) outbreak on the tourism industry and to ensure the country’s economy remains on strong foundation . The stimulus package has three strategies – to [...]
Expedia job cuts, Booking braces for “significant impact”, “winter is best time” – learn from cockroaches
28/02/2020 by Yeoh Siew Hoon
I’ve been mulling over what I heard William Bao Bean of SOSV Capital say in a Techsauce Global podcast, “It is the cockroaches, the survivors, who can really take advantage of this tough environment that will build the next generation of leaders.” Curious about cockroaches and inspire [...]
Guest Blog: When loyalty is met with betrayal: How loyalty programs have become a target for cyber-criminals
27/02/2020 by Forter
In recent years, cyber-criminals have realised that the payoff from leveraging compromised accounts to commit fraud is much greater than attacks at the point of transaction. As a result, online transaction fraud losses, which are increasingly driven by account-focused attacks, are expected to reach [...]
New solutions expected to help hotels tackle data
27/02/2020 by WiT
In an indication that hotels are being flummoxed by big data, a recent survey by dailypoint™ of some 4.5 million reservations across 120 hotels found that hotels had on average 2.3 profiles for their loyal guests. In other words, these hotels thought they had twice as many loyal guests as they ac [...]
Trip.com extends cancellation waivers for Covid-19 disruptions
26/02/2020 by WiT
Trip.com today will expand its Safeguard Cancellation Guarantee initiative which offers cancellation waivers to customers affected by the COVID-19 outbreak. Cancellation provisions are for bookings on Trip.com made before 11.59 PM on 23 February 2020, for use before 11.59 PM& [...]