Reports
Study: Two in five travel managers cite technology as top pain point
23/08/2022 by Arvindh Yuvaraj
A new study from GBTA and FCM reveals the latest tech trends and changing role in how travel managers can serve their companies and business travellers. Business travel and the role of the travel manager changed significantly during the pandemic. As business travel returns, many are que [...]
Villa rental market in APAC growing along with travel recovery
19/08/2022 by Arvindh Yuvaraj
How has travel behaviour changed over the past two years, and how can villa owners stay on top of the trend? Travellers are ready to fly again According to a research by American Express, 74% of travellers are more willing to book a trip, even if they have to change or cancel it later on. Masterca [...]
Airbus A380 recapturing the skies as demand soars
16/08/2022 by Arvindh Yuvaraj
It looks like the Airbus A380 is bouncing back from semi-retirement and is being spruced up to resume its reputation as the passenger-friendly giant of the skies. British Airways is revamping its entire fleet of A380s, Qantas is returning the superjumbo on routes to Los Angeles and Lon [...]
Agoda’s Tim Hughes on preparing for the coming travel boom
16/08/2022 by Mitra Sorrells
As travel begins booming again in some parts of the world, the travel market in Asia Pacific continues to face significant challenges in its recovery, according to Phocuswright’s Asia Pacific Travel Market Report 2021-2025. Agoda’s vice president of corporate development, Tim Hughes, estimat [...]
Changing seasons boosts travel demand between Australia and South-east Asia
15/08/2022 by Arvindh Yuvaraj
Australians heading to Asia to escape the cold WHILE July to September is considered a slow travel season for both Australia and South-east Asian countries, Trip.com data (during June and July for these two key areas) shows that more travellers from these regions are booking trips during this seaso [...]
Expedia Group posts highest ever Q2 revenue and profit
08/08/2022 by Mitra Sorrells
Expedia Group’s second quarter financial report includes several records for the global travel company – with the highest ever revenue and adjusted EBITDA for Q2, as well as the highest lodging bookings in the company’s history. Revenue in the quarter was $3.2 billion, up 51% year-over-year [...]
Fintech investment high priority for travel businesses to capture rebound
23/05/2022 by WiT
NINE out of 10 leaders in the travel businesses view fintech and payments as a high priority, while 80% of businesses stated they plan to match or go beyond 2019 investment level this year. According to Amadeus' Travel Fintech Investment Trends 2022 report, which surveyed over 70 senior leaders f [...]
Trip.com Group releases ESG report highlighting its sustainability practices
19/05/2022 by WiT
TRIP.COM GROUP has released its 2021 annual Environmental, Social and Governance (ESG) report highlighting its sustainability practices across the business over the past year. The report also outlines the company’s roadmap for success in 2022, with a focus on greater opportunities to put susta [...]
Resurgence of travel in APAC driven by easing of restrictions and pent-up demand
19/05/2022 by WiT
NEW research from the Mastercard Economics Institute reveals that for the first time since the pandemic global leisure and business flight bookings surpassed pre-pandemic levels, while spending on cruise lines, buses and trains saw sharp improvements this year. The Travel 2022: Trends and Transit [...]
Global search volume up, improved lodging performance, new report finds
11/05/2022 by WiT
NEW data shows rising travel intent and growing traveller confidence contributed to longer search windows and improved lodging performance    The insights from the Expedia Group Media Solutions Q1 2022 Travel Trend Report are from data collected from Asia Pacific (APAC), Middle East, and Afri [...]