Agoda’s Tim Hughes on preparing for the coming travel boom
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
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
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
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
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
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
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 [...]
Sabre maps how the pandemic has changed travel
SABRE Corporation has released a new global travel industry study, ‘Mapping Travel’s New Normal’, which identifies prominent shifts in travel.
The wide-ranging study, highlighting the different areas of focus for airlines and travel agencies, involved both quantitative and qualitative resea [...]
Asia Pacific preferred choice for travellers as they plan international trips
MORE than two years into the Covid pandemic people are planning to travel internationally again, with destinations in the Asia Pacific (APAC) region top of their mind.
The date was revealed in a survey, commissioned by Airbnb and undertaken by YouGov, caried out among than 6,000 people across [...]
South-east Asia’s travel and hospitality sector set for takeoff
THE easing of travel restrictions is likely to drive a strong recovery in South-east Asia's travel and hospitality sector, according to an assessment report by research and advisory firm Redseer.
“While the pace of recovery could differ across countries the directional uptrend should lead to t [...]
