Thailand takes lead in Asia for Christmas and New Year’s hotspots
As the holiday season approaches, global travel patterns are undergoing a significant shift, with Mexico, South Africa, and Thailand emerging as the top hotel destinations for Christmas and New Year's travel, according to data from technology provider Amadeus. The insights, derived from Amadeus' Dem [...]
With 31% surge in passenger demand, air travel shows continuous recovery
The International Air Transport Association (IATA) has reported an increase in passenger demand for October 2023, indicating a continued recovery in the aviation sector.
According to the latest data, total traffic for October, measured in revenue passenger kilometers (RPKs), witnessed a rise of 31. [...]
Electric air taxis takeoff in 2024, Swiftie surge, and agents of influence
Australia noted a 446% week-over-week growth in booking volumes after Taylor Swift concert announcements in Melbourne and Sydney
Amadeus has released its 2024 travel trends and as pointed out by similar courtesy of Booking.com and Expedia, travel and hospitality continue to shift and evolve in this [...]
TV shows influence travellers more than social media, destination dupes, and more trends
Taipei named top destination in 2024, while unexpected cities such as Kuala Lumpur, Edmonton, and Mexico City are tourism hotspots next year
Expedia has just released Unpack '24, a report offering a sneak peek into the upcoming travel trends for 2024. Combining first-party travel data and insights [...]
Global travel M&A surpasses pre-pandemic levels, 423 deals in the last year
Cambon Partners and VIDEC unveil travel industry's first-ever mergers and acquisitions tracker
Cambon Partners, a Paris-based investment banking firm specialising in mergers, acquisitions, and corporate financing, has collaborated with VIDEC, a Mumbai-based boutique research, consulting, and M& [...]
The possibilities & responsibilities of travel in the age of AI and tech
Report From the Global Travel Tech Thinktank at WiT Singapore 2023
The first Global Travel Tech Thinktank, held by WiT, Phocuswright and Phocuswire, in 2022, covered the theme of “How To Future Proof Travel: Resilience, Responsibility, Respect”.
A direct outcome of that Thinktank was the lau [...]
2024: Rebooters, surrenderers, and foodies to set new travel trends
Booking.com has released its annual Travel Predictions research, revealing that travel will be at “the core of existence” in 2024. In other words, the report says that travel will shift from being an escape from reality into a core part of life.
Booking.com’s report states that 80% of APA [...]
Hotelbeds: PKFARE’s tech seamlessly connects hotel supply and demand (Sponsored)
PKFARE's cutting-edge technology, extensive channel network, and refined operations have significant contributions to the mutual growth of Hotelbeds and PKFARE in both sales volume and gross margin. Moreover, rate violation risks have effectively decreased. In 2023 H1(the first half of 2023), the co [...]
General Atlantic to acquire minority stake in Travel Boutique Online
Private equity firm General Atlantic is set to acquire a minority stake in the online B2B travel distribution platform, Travel Boutique Online (TBO). The deal, involving entities held by Affirma Capital, signifies General Atlantic's investment in TBO's potential for growth and global expansion. TBO, [...]
APAC leads in travel resurgence; consumers see trips as a necessity, not luxury
“Stability has returned and seasonality is back,” says Google's Hermione Joye
While the travel industry flourished in 2019, it came to an abrupt halt in 2020 for obvious reasons. Over the past two years, the sector witnessed a series of closures, reopenings, the emergence of vaccinated travel l [...]
