Reports
Google’s e-ConomySEA points to resurgence of travel demand in the region
18/08/2023 by Arvindh Yuvaraj
The travel landscape across Southeast Asia is experiencing a notable resurgence, as revealed by the latest findings from Google's e-ConomySEA travel spotlight. The objective analysis of travel data offers interesting insights on the evolving trends, preferences, and patterns that are shaping the tra [...]
Travellers spend more time researching trips than they do running a marathon
27/07/2023 by Arvindh Yuvaraj
Expedia Group's Path to Purchase research unveils travellers' content consumption habits, showcasing the growing impact of social media and advertising on travel decisions. Expedia Group recently released its Path to Purchase research, providing insights into how travellers plan and book their trip [...]
Wanderlust vs economic uncertainty: Over half of APAC travellers stay confident in their travel plans
05/07/2023 by Arvindh Yuvaraj
Singaporean travelers demonstrate a strong commitment to spending their money on experiences rather than fleeting pleasures. Booking.com recently unveiled its much-anticipated APAC Travel Confidence Index (TCI) for 2023, offering an analysis of travel mindsets in the region. Despite financial conc [...]
Rapid surge in chargebacks poses challenges for travel companies, reveals Outpayce study
28/06/2023 by Arvindh Yuvaraj
Perceived difficulties in obtaining refunds and increasing traveler awareness of ‘chargebacks’ driving 30% year-over-year growth A recent study conducted by Outpayce has shed light on the significant rise in chargebacks faced by travel companies, signaling a growing concern within t [...]
Lifestyle hotels show promising trends in post-COVID travel landscape
13/06/2023 by Arvindh Yuvaraj
As global occupancy rebounds, lifestyle hotels offer unique experiences that challenge traditional accommodations. The hospitality industry is witnessing a remarkable recovery as global occupancy rates in the first quarter of 2023 approach pre-pandemic levels. Fueling this resurgence are lifestyle [...]
Exploring the LGBTQ+ travel dilemma in APAC
07/06/2023 by Arvindh Yuvaraj
LGBTQ+ travellers would like know the status of a location, including local laws, religious sensibilities, and safety tips. Booking.com has conducted its most extensive LGBTQ+ travel research to date, shedding light on the challenges LGBTQ+ travellers face and the progress made by the travel indust [...]
Travel demand surpasses pre-Covid levels; Asia-Pacific airlines leading recovery
05/06/2023 by Arvindh Yuvaraj
The International Air Transport Association (IATA) announced continued strong passenger traffic demand in April. The revival of domestic travel has been nothing short of remarkable, with a substantial 42.6% surge in April compared to the previous year. In fact, domestic travel has now not o [...]
China, Experiences, Business Travel: Mastercard Economics Institute Reveals 2023 Travel Trends
17/05/2023 by Arvindh Yuvaraj
AS more brands and institutions release data regarding travel trends for the rest of the year, one defining factor that’s bound to arise is the reentry of China in the travel scene.  Despite shaky economies the world over, people have been flooding to domestic and international destinations in [...]
How the metaverse will transform travel: McKinsey points to $800B industry by 2025
17/05/2023 by WiT
THE metaverse market is experiencing rapid growth and by 2025, is projected to reach a market size of approximately $800 billion, with estimates suggesting it could surpass $1 trillion by 2030, according to the McKinsey report, “Value Creation in Metaverse”. The gaming industry is at the fore [...]
Asian Development Bank charts impact of pandemic on Southeast Asia aviation industry
12/05/2023 by WiT
Southeast Asia's aviation industry has taken a significant hit due to the COVID-19 pandemic, with an estimated loss of $17 billion in revenue in 2020, according to a report by the Asian Development Bank (ADB). However, the ADB has proposed a range of strategies to aid in the post-pandemic recovery o [...]