Reports
Australian domestic traffic at 88.8% pre-pandemic levels, APAC demand still strongest of all regions, reports IATA
22/03/2023 by WiT
Capacity in Asia-Pacific rose 167% and load factor surged to 83% It looks like the first month of the year fared very well for flight traffic around the world, as some countries inch closer to reaching pre-pandemic levels of traffic and tourism. This was backed by the International Air Transport As [...]
Chinese consumers booked 4.5x more flights in first 3 months of 2023, records Fliggy
14/03/2023 by Arvindh Yuvaraj
Pre-sales of the company’s cruise tours along Nordic fjords and the Mediterranean each surpassed RMB1 million in a single day The resumption of ITB Berlin this year brought about a range of travel discussions from around the world, one of them being the reopening of China and the impact it might [...]
Despite high air fares, Sabre data indicates significant outbound travel rebound in China
13/03/2023 by WiT
WITH more than 166 million international trips booked by Chinese travelers in 2019, contributing over $245 billion to global tourism in the process, it is no wonder that the world has been watching, and waiting, for China to re-open its borders, after nearly three years of Covid-19 closure. Now t [...]
Amadeus, Microsoft on harnessing data to understand new traveller demands
08/03/2023 by Arvindh Yuvaraj
“There is no consistency across the industry nor, often, within companies. We are working to solve this.” Amadeus and Microsoft have co-authored and released a new report called ‘Delivering traveler value: Inspiring, understanding and fulfilling expectations throughout the travel experience a [...]
Amadeus returns to annual profit and resumes dividend, reinforcing travel recovery worldwide
02/03/2023 by Arvindh Yuvaraj
“Into 2023, as volumes recover, our financial performance is expected to advance further.” If there was any doubt about the state of travel and tourism recovery on a global scale, Amadeus’ latest earnings report should ease those concerns. While the company is still striving to meet pre-pande [...]
SingaporeAir.com a Top 10 travel site, Booking.com the go-to OTA in Southeast Asia for US travellers
22/02/2023 by Arvindh Yuvaraj
Traffic on Singapore Airline’s official website grew 195% last year for US-based visitors Similarweb recently released its annual Digital 100 ranking of the fastest-growing companies on the web, and one of its 10 key categories is Travel and Tourism. Demand for international travel and cruises do [...]
Women in South-east Asia keen to develop professional skills in the data economy
21/02/2023 by WiT
New survey by She Loves Data and Milieu shows appetite for digital learnings There’s strong demand from women in South-east Asia to develop their professional skills in the accelerating data economy, according to a survey conducted by Singapore-headquartered She Loves Data (SLD), a global-not-f [...]
Travel is back to “old normal”: GHA sees growth in revenue, ADR and international stays
21/02/2023 by WiT
UAE is top destination, delivering US$32m in room revenue in Q4 2022 UAE-headquartered Global Hotel Alliance, the world’s largest alliance of 40 independent hotels brands, has reported robust 2022 results, with every performance indicator exceeding 2019 levels by Q4 – an indication of travel’ [...]
Online travel agencies gain hotel booking ground in 2022
20/02/2023 by Linda Fox
Online travel agencies and other intermediaries, such as tour operators and destination management companies, regained ground in 2022, according to a report. SiteMinder has crunched data from more than 100 million reservations last year to reveal Booking.com as the most popular booking channel acr [...]
Expedia Group CEO says metrics show strategy is working
13/02/2023 by Mitra Sorrells
Expedia Group CEO Peter Kern says the company’s strategy to add loyalty members and drive app usage is “showing accelerating improvement” and is the foundation of the company’s growth. In a call with financial analysts to discuss the company’s results for the fourth quarter and full year [...]