Reports
Air passenger demand falls 2.2% due to war in the Middle East
01/07/2026 by WiT
The International Air Transport Association (IATA) released data for May 2026 global passenger demand. Total demand, measured in revenue passenger kilometers (RPK), was down 2.2% compared to May 2025. Excluding the Middle East, demand grew by 0.7%. Total capacity, measured in available seat [...]
53% of business travellers book outside approved channels due to lack of content
17/06/2026 by WiT
Nearly one-third of companies using a corporate online booking tool (OBT) report that 20% or more of travel spend is booked outside the approved platform, with 53% citing missing content as the main driver, reveals new research from Trip.Biz, the business travel brand of Trip.com Group.   [...]
Asia Pacific travellers seek familiarity and practicality amid shifting global dynamics
17/06/2026 by WiT
Visa’s 2026 Global Travel Intentions study shows how Asia Pacific travellers seek trusted destinations, plan with greater intent, and seek flexibility to navigate global uncertainties Visa has unveiled key findings from the 2026 Global Travel Intentions (GTI) study, the latest edition of its f [...]
Jesper Koll: Scarcity leads to innovation, lessons from Hello Kitty and Astro Boy
16/06/2026 by WiT
Jesper Koll, Senior Advisor, Wisdom Tree Investments, opened his presentation on “Destiny” at WiT Japan with the objection he hears most often: Japan's population is shrinking by nearly 3,000 people every day. How can anyone be bullish? His counter argument – scarcity is the mother of inven [...]
Tripadvisor to sell TheFork to American Express for $700 million
15/06/2026 by WiT
Transaction highlights the value of Tripadvisor's portfolio and enables greater focus on experiences. Tripadvisor, Inc. announced it has entered into a put option agreement to sell TheFork, its online restaurant reservation and management platform in Europe, to American Express for $700 million in [...]
Mastercard and CrescentRating: 245 million Muslim travellers by 2030, with women driving nearly half of arrivals today
02/06/2026 by WiT
Two new reports highlight how responsible, immersive, digital and assured travel experiences are shaping the next phase of Muslim-friendly tourism Mastercard, in collaboration with CrescentRating, has released two new reports: Halal Travel Trends 2026 and Muslim Women in Travel 2026, examining how [...]
Middle East war leads to 3.4% fall in air passenger demand
01/06/2026 by WiT
The International Air Transport Association (IATA) released data for April 2026 global passenger demand: Total demand, measured in revenue passenger kilometers (RPK), was down -3.4% compared to April 2025. Excluding the Middle East, demand increased by 1.2%. Total capacity, measured in availab [...]
The rise of the ‘perpetual traveller’ creates new opportunities for hotels
01/06/2026 by WiT
The hospitality industry can capitalize on rising frequency, secondary city growth, and deep localization in 2026 Digital travel platform Agoda highlights that the combination of a rising middle class and changing travel habits across Asia is creating new revenue opportunities for the travel and ho [...]
Inside the Philippines’ most overlooked $36b digital market
29/05/2026 by WiT
94% of Filipino consumers will share data with AI, so why is an online travel that's set to double by 2030 still owned by foreign OTAs? The archipelago nation of 7,600+ islands has a travel landscape that's complex by nature - fragmented routes, unbanked communities, and a population that was born [...]
Extreme weather is impacting APAC travel more than you think
27/05/2026 by Arvindh Yuvaraj
Booking.com's latest sustainability report shows climate risk is no longer a background concern, it's now a front-and-centre factor in how people across Asia Pacific plan, book, and rethink travel. According to Booking.com's 11th annual Travel & Sustainability Report, climate anxiety has offici [...]