Latest News

A RM6bil recovery plan to save ailing Malaysia Airlines
29/08/2014, by

After much speculations on the fate of Malaysia Airlines whose fortunes have plummeted following the twin tragedies of MH370 and MH17, state sovereign fund Khazanah Nasional Bhd has unveiled a 12-point plan to return the airlline to profitability within three years.While the restructuring is not a ... Read more

Multi-mode play GoEuro secures $27m in new funding
28/08/2014, by

A sign that the next hot thing in search is in multi-modal – GoEuro, a multi-mode travel platform, has raised $27 million in Series A funding, led by New Enterprise Associates, a global venture capital firm with approximately US$13 billion in committed capital.       All three existing inves... Read more

What women and men want from hotels
27/08/2014, by

It’s friendly service, stiff drinks and a sweet pool for the women when they visit a hotel, while their male counterparts go for the Internet and look at the pricing of room and services.Therein lie the differences on what the male and female travellers care about most during their hotel visits, a... Read more

China enjoying golden era in travel as e-commerce soars
27/08/2014, by

China’s e-commerce sector continues to shine. According to the Ministry of Commerce People’s Republic of China, the trade volume of China’s e-commerce in the first half year reached 5.66 trillion yuan, up 30.1% year on year. Online retail market reached 1.1 trillion yuan, up 33.4% year on year... Read more

Now anyone can add businesses to Google Maps
25/08/2014, by

Google has just launched a Google Map feature, which enables anybody to put tourism businesses and places of interest as pins and markers on Google Maps.Previously, you have to be a business claiming a Google My Business page to tell Google to put you on the map. Or you had to rely on Google picking... Read more

AirAsia’s Q2 net profit surges to RM362mil on forex gains
22/08/2014, by

AirAsia Bhd posted a net profit of RM367.16 million (US$116 million) for the second quarter ended June 30, 2014 (2Q14) from RM58.35 million a year ago, representing a 529% increase mainly due to foreign exchange gain on borrowings.This was achieved on the back of a higher revenue of RM1.31 billion, ... Read more

The State of Travel Startups
22/08/2014, by

At PhoCusWright, we get a lot of briefings from travel startups. Over the years, we have seen many emerging companies, so we decided to dig into the numbers to see what we could learn about the state of startups in travel – where are entrepreneurs investing their creative capital, and where are in... Read more

Get a Uber ride with the TripAdvisor app
22/08/2014, by

Uber, in a move to stay ahead of competitors such as Lyft, has opened its API to all developers enabling other companies to integrate its service into third party apps.This development enables apps to pass a destination address to the Uber app, display pickup times, provide fare estimates, and acces... Read more

Boatbay, the Airbnb of boats, launches in APAC & ME
20/08/2014, by

Tapping into the new wave of sharing, the first boat rental marketplace has launched covering Asia Pacific and the Middle East, the two biggest emerging markets for sailing and yachting.Co-founder, Tim Gundry, of Boatbay says it is “the Airbnb for boating, yachting and people who want to experien... Read more