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Wego Expands into Business Travel with Acquisition of Singapore-Based Travelstop - skift.com - Singapore - city Singapore - county Pacific
skift.com
12.09.2023 / 07:29

Wego Expands into Business Travel with Acquisition of Singapore-Based Travelstop

Middle East-based online travel marketplace Wego has acquired corporate travel platform Travelstop as part of its expansion into business travel and expense management.

Maura Geertsma named Senior Vice President for Client Relationship Management CIBT Global, Inc. - traveldailynews.com - Netherlands - Germany - Britain - city Phoenix - city Athens
traveldailynews.com
29.08.2023 / 08:59

Maura Geertsma named Senior Vice President for Client Relationship Management CIBT Global, Inc.

In her role as Senior Vice President (SVP) at CIBT, Maura Geertsma will leverage these skills to enhance client relationships and contribute to strategic advancement.

Hilton to More Than Double Its Luxury Hotel Footprint in Asia Pacific - skift.com - Australia - Japan - China - city Tokyo - Vietnam - India - Malaysia - city Jaipur - county Pacific - city Hanoi, Vietnam - city Astoria - city Kuala Lumpur, Malaysia
skift.com
28.08.2023 / 12:29

Hilton to More Than Double Its Luxury Hotel Footprint in Asia Pacific

From today’s Daily Lodging Report newsletter: Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time as part of its plans to open 25 new luxury hotels in the Asia Pacific region over the next few years. That’s up from the 33 luxury hotels it currently runs in the Asia Pacific.

Yanolja Profit Rises as Travel Rebounds in Korea and Asia Pacific - skift.com - Usa - South Korea - North Korea - city Dubai
skift.com
25.08.2023 / 14:42

Yanolja Profit Rises as Travel Rebounds in Korea and Asia Pacific

Yanolja said this week it expected that a post-pandemic rebound in international travel will continue to boost its twin businesses of online travel sales via a superapp and software sales to hotels and other travel companies. The South Korea-based startup has made progress on both ambitions since 2011, when it received a $1.7 billion investment from the Softbank Vision Fund in a transaction that valued Yanolja at the time at approximately US$9 billion.

Travel Performance Declines as Headwinds Persist: Skift Research - skift.com - China - county Pacific
skift.com
25.08.2023 / 14:36

Travel Performance Declines as Headwinds Persist: Skift Research

Skift Research has been tracking the performance of the major travel sectors in 22 countries since the beginning of the pandemic in the Skift Travel Health Index. We have seen a steady upward trend, but the final push to full recovery seems more stubborn than we initially thought.

Agoda Adds Fintech Partners Ahead of Asia's Full-Scale Reopening - skift.com - Australia - China - Hong Kong - city Hong Kong - Singapore - city Singapore
skift.com
25.08.2023 / 14:34

Agoda Adds Fintech Partners Ahead of Asia's Full-Scale Reopening

Travel platform Agoda has been pushing ahead with a series of new fintech partnerships, with its eye on Asia’s corporate travel recovery.

Corporate Travel Airfares Projected to Increase as Much as 25 Percent in 2023 - skift.com - Australia - New Zealand - Usa - city Tokyo - Russia - Ukraine
skift.com
25.08.2023 / 14:27

Corporate Travel Airfares Projected to Increase as Much as 25 Percent in 2023

Airfares on key corporate travel routes are expected to rise by as much as 25 percent in 2023 amid high fuel prices, a stronger U.S. dollar and labour and aircraft shortages, a forecast from American Express Global Business Travel (Amex GBT) showed.

Trip.com Cautious of Travel Rebound Even After China Loosens Covid Rules - skift.com - China
skift.com
25.08.2023 / 14:27

Trip.com Cautious of Travel Rebound Even After China Loosens Covid Rules

Even though China’s recent relaxation of Covid measures is widely seen as a step forward for travel, Trip.com is still cautious in the very near term as winter is usually a slack season for both business and leisure travel.

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth - skift.com - China
skift.com
25.08.2023 / 14:22

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth

Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost from pent-up demand for travel will diminish going forward.

U.S. Companies Trailing Rest of World in International Corporate Travel Recovery - skift.com - Usa
skift.com
25.08.2023 / 14:13

U.S. Companies Trailing Rest of World in International Corporate Travel Recovery

Just half of companies located in North America are seeing international bookings recover to their pre-pandemic levels, according to a new poll.

Florida's Diplomat Beach Resort Sells for $835 Million in Post-Pandemic Record - skift.com - Australia - Japan - New Zealand - Usa - China - Canada - Hong Kong - Macau - state Florida - Philippines - Singapore - South Korea - Sri Lanka - Cambodia
skift.com
25.08.2023 / 14:12

Florida's Diplomat Beach Resort Sells for $835 Million in Post-Pandemic Record

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

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