Reports
Business travel industry reflects on 2024, sets optimistic plans for growth, technology and sustainability in 2025
19/11/2024 by WiT
New GBTA research highlights strong global optimism, increased budgets and shifting travel patterns across regions as companies navigate the future As 2024 draws to a close, there is strong sentiment from the global business travel industry that the year outperformed expectations, paving the way fo [...]
Fliggy reports strong growth as top brands surpass RMB100 Million in sales during Double 11
14/11/2024 by WiT
Platform drives significant rise in transactions and expands user base amid challenging market conditions  Fliggy, an online travel platform and wholly owned subsidiary of Alibaba Group, has posted strong growth during the 2024 Double 11 shopping event, marking a noteworthy finish to this year’s [...]
Profitability push in Southeast Asia’s digital economy delivers 2.5X profits in two years as businesses focus on monetisation
05/11/2024 by WiT
Google, Temasek, and Bain & Company released the 9th edition of the e-Conomy SEA repot - Profits on the Rise, Harnessing SEA’s Advantage today. For the first time, the report examines the health of the digital economy through the lens of profit. Key players made significant strides towards pro [...]
Airlines demand up 18.5% in APAC, reaches September all-time high globally
04/11/2024 by WiT
The International Air Transport Association (IATA) released data for September 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 7.1% compared to September 2023, an all-time high for September. Total capacity, measu [...]
Booking Holdings’ connected trip transactions jump 40% year over year in Q3
04/11/2024 by Morgan Hines
Booking Holdings is locked in on its mission to create the connected trip - something it has been talking about for more than five years - and artificial intelligence will be a critical part of that continued journey, CEO Glenn Fogel shared on the company’s third quarter earnings call. “We [...]
With fully digital travel experience closer to reality, passengers want convenience and tech to improve processes
01/11/2024 by WiT
The International Air Transport Association (IATA) released the results of its 2024 Global Passenger Survey, revealing that travellers continue to prioritise convenience and speed. For a smoother travel experience, they are eager to use biometric identification and complete some travel processes bef [...]
8 in 10 APAC travellers plan to travel as much or more than they did in 2024
28/10/2024 by WiT
Global travel app Skyscanner has published a new report exploring the latest trends in travel titled ‘Skyscanner Horizons:2024/5 spending, planning and destination insights’, the report explores a combination of consumer survey and proprietary search data to provide an outlook of how travellers [...]
Skincare and candy: 55% of Singaporeans travelling to buy products they can’t get at home
23/10/2024 by WiT
2025 travel forecast includes travel inspired by pop culture, social-media-driven tourism and a resurgence of hotel-restaurants Expedia Group recently unveiled Unpack ’25, the annual data-driven outlook for what’s motivating travellers and where they will go next year. Expedia Group analysed fi [...]
Gap in technology adoption in experiences sector, many operators lack modern booking and ticketing systems
22/10/2024 by WiT
Arival unveils largest-ever study on the state of the global experiences industry Arival, a global research authority on the in-destination experiences sector of travel and tourism, has announced the release of its largest-ever research study, The Global Operator Landscape: The State of Experiences [...]
96.4% of Singapore travellers consider sustainable travel amidst gap between awareness and action
22/10/2024 by WiT
Trip.com Group, a key global travel service provider in the Asia Pacific region, reveals that while sustainability awareness is rising among travellers, there remains a gap between awareness and action. This is one of the main insights from the Sustainable Travel Consumer Report 2024 that the Group [...]