Reports
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 [...]
NE Asia’s rebound: Beefing countries, China’s outbound, and $11.2B in mobile gross bookings by 2025
30/01/2023 by Arvindh Yuvaraj
Smartphone penetration and foundational shifts from outbound to domestic tourism are sending NE Asia in interesting directions during this travel recovery phase We recently covered digital transformation in Southeast Asia and how a surge of offline - online in travel and hospitality is helping the [...]
Many governments still playing science politics as passenger recovery continues in November, reports IATA
10/01/2023 by WiT
“Traffic results in November reinforce that consumers are thoroughly enjoying the freedom to travel.” The International Air Transport Association (IATA) recently announced that the air travel recovery continued through November 2022. IATA represents some 300 airlines comprising 83% of global ai [...]
Kemp and Sullivan shift roles as Jason Young becomes Northstar CEO
06/01/2023 by WiT
Northstar Travel Group announced changes in its executive lineup as Jason Young joins the company as CEO. Tom Kemp, who previously held the titles CEO and chairman, will retain his chairman role, and Bob Sullivan, who had been president of the Travel Group division -- which includes Travel Weekly, [...]
A 260% spike in travel bookings makes a case for content, online marketing and collaborations heading into 2023
21/12/2022 by Arvindh Yuvaraj
EARLIER this month, travel service provider Trip.com Group held its 2022 Global Partner Summit in Macao with tourism boards, international airlines, hotel groups and industry representatives from across the travel industry in attendance. During the event, themed ‘Journey into the Future Together� [...]
Travellers more worried about the economy than Covid, but over 80% still planning trips in 2023
14/12/2022 by Arvindh Yuvaraj
IF you packed your bags and went anywhere this year, whether it was a domestic roadtrip or flying to another country, chances are you reflected on just how surreal travelling in 2022 truly is. The speed at which the travel industry has bounced back can be chalked-up to a couple of things, namely the [...]
Bangkok garners 11 million searches, as travellers got adventurous with shark-diving, ziplining, and spooky tours in 2022
13/12/2022 by Arvindh Yuvaraj
WITH 2023 just around the corner, brands in the travel space are packaging data from the last twelve months to give us a glimpse into collective travel habits. It’s an interesting exercise, particularly this year, that quantifies how consumer behaviour has changed after the pandemic, but also how [...]
How to future-proof travel: Global Travel Tech Thinktank Report
12/12/2022 by WiT
On October 3, about 40 industry leaders gathered for the first Global Travel Tech Thinktank, held by WiT, Phocuswright and Phocuswire, and hosted by Accor Asia. The event’s purpose was to brainstorm the way forward for travel under the umbrella theme of “How To Future Proof Travel By Creating [...]