Startups
Riyadh Air aims big; UAE’s high-speed rail; SITA’s air taxis; Klook takes top spot
17/03/2023 by Ian Jarrett
Riyadh Air revs up to ‘shape the future’ of global air travel Tony Douglas, CEO of Saudi Arabia’s new airline, Riyadh Air, has promised that “digital innovation and Saudi hospitality” will be key in establishing the carrier’s international credentials. The new airline, due to become [...]
In an ideal world, his travel startup shouldn’t exist, says misterb&b founder
10/03/2023 by Arvindh Yuvaraj
Mission: To be “the main place for all LGBTQ+ peoples to connect around travel” While it’s fun to think of travel as an all-inclusive activity, the harsh reality is that not everyone experiences the benefits of travel equally. It’s not uncommon for marginalised communities, people of colour [...]
Travel experts weigh in: In 3 months, ChatGPT has become an unignorable phenomenon
06/03/2023 by Arvindh Yuvaraj
“I’m confident it will change everything.” “Seven or eight.” “Ten.” “Six to seven.” On a scale of one to ten, these were the high numbers given to the transformative potential of ChatGPT by three experts in the travel industry during PhocusWire’s LinkedIn Audio event, “Let� [...]
Global Startup Pitch kicks off 2023 edition in search of the most groundbreaking innovations in travel technology
03/03/2023 by WiT
Calling all startups – here’s your chance to raise your global game Following a successful launch edition, the Global Startup Pitch, by Phocuswright, the leading travel industry research and events authority and WiT, the premier travel technology, distribution and marketing news and events plat [...]
Expedia’s accelerator bet on inclusion and diversity pays off
07/02/2023 by Yeoh Siew Hoon
Final pitch day for 12 finalists set for May Expedia Group’s bet on launching an accelerator focused on inclusion and diversity last September appears to have paid off, with 12 startups joining its first cohort. In an interview with WiT, Aditi Mohapatra, vice president, Global Social Impact an [...]
New world meets old as an ambitious FREED acquires Connexus Travel
02/02/2023 by Yeoh Siew Hoon
Digital and smart merchandising solutions company, FREED GROUP, has acquired Hong Kong’s oldest travel agency, Connexus Travel (formerly Swire Travel), to expand and extends its reach into travel. The acquisition, details of which were not disclosed, blends the technology expertise of FREED, wh [...]
TrustYou splits from Recruit, buys back ownership
26/01/2023 by WiT
TrustYou has bought back full ownership of its shares from Recruit Holdings, five years after the Japanese travel/media company acquired the German guest feedback platform. The management buyout was backed and led by technology investor Ventech. TrustYou founder and CEO Ben Jost is also a sig [...]
Tech in Travel: A key to unlocking exclusive experiences, international airport seeks startups, LYFE enriching offers, capital market experts eyeing travel
12/01/2023 by Ian Jarrett
NFTs are continuing to make news. Online membership and loyalty programme DayAway has created the Founder's Key, a collection of 500 limited-edition NFTs that will unlock a range of experiences and VIP benefits from hospitality, travel, retail, wellness and F&B brands worldwide DayAway's Foun [...]
Rhinos, unicorns, and fragmented markets: 3 investment trends that will shape travel and hospitality this year
09/01/2023 by WiT
IT has been a turbulent time for tech investments and particularly tough for travel. But then amid the dark clouds, there’s always the silver lining and investors are hard wired to seek out the bright spots. What do they see beyond the horizon, into the new world of travel and tech investments? Wh [...]
Sim Wong Hoo, the guy who started it all in Singapore
06/01/2023 by WiT
Hian Goh, co-founder of Openspace Ventures, Singapore pens a tribute to the man he says started it all – Sim Wong Hoo, CEO and founder of Creative Technology, passed away January 4 and is widely regarded as the father of tech in Singapore. His success was not without its struggles. In 1999, I [...]