Thailand-based public firm PTT Oil and Retail Business (PTTOR) is set to invest in Indonesian travel superapp Traveloka, through its subsidiary, PTTOR International Holdings Singapore.
MakeMyTrip is moving its focus from retail customers to go deep into the hinterland by tapping into small travel agents across India. In a country where online penetration is still low, will this bet pay off?
Undeterred by competition from global online travel companies, MakeMyTrip envisions to be the first port of call for Indian travelers. A travel superapp is definitely a step in the right direction towards this goal.
Twin rates for foreign travelers and locals in Asian hotels may be a temporary solution to help the hospitality industry recover, but it may not be sustainable in the long run, especially for economies highly dependent on tourism.
Nepal’s would-be social media influencers would now have to scout for new locations as the country has barred shooting of TikTok videos at some heritage sites.
Akasa Air, India’s newest airline, will be taking to the skies on August 7 with its first flight connecting the country’s financial center — Mumbai with Ahmedabad in western India.
After offering financial incentives to carriers to fly “unprofitable” routes, Saudi Arabia is now luring airlines by cutting airport charges by as much as 35 percent in its bid to…
In a marked change of sentiment, China has vowed to strengthen efforts to open international travel, by resuming and increasing passenger flights in an orderly way and by steadily improving…
Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports.
Investment in the hotel sector in Asia Pacific continued to recover as investment volumes totaled $6.8 billion in the first six months of 2022, according to real estate brokerage firm…