Articles tagged “asia”

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Kyunghee Park and Natalie Lung, Bloomberg

To paraphrase economist John Maynard Keynes, when the facts change, you've got to be prepared to change your mind.

7 days ago

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The Future of Business Travel in Asia Is the Future of Business Travel — Period

The Future of Business Travel in Asia Is the Future of Business Travel — Period

Travelstop + Skift

Clever startups operating in Asia are helping to reshape the future of travel booking in the region. Their innovations could soon spread across the world — benefiting business travelers everywhere.

1 week ago

A Transformed Medellin Grapples with Its Violent Past and 7 Other Tourism Trends this Week

A Transformed Medellin Grapples with Its Violent Past and 7 Other Tourism Trends this Week

Isaac Carey, Skift

This week in tourism, Medellin figures out how to talk about its complicated past, a surf town in California's Newport Beach plays up its luxury attractions, and rail travel becomes the number one priority for booking platforms in Asia.

1 month ago

Japan’s ANA Mulls Buying a Stake in Philippine Airlines

Japan’s ANA Mulls Buying a Stake in Philippine Airlines

Cecilia Yap, Bloomberg

Philippine Airlines needs the funds to compete, while All Nippon Airways must expand beyond a graying Japan. A potential deal isn't surprising for the two carriers, which already codeshare between their countries.

2 months ago

Travelstop Counts on Asian Startups to Unlock New Era in Corporate Travel

Travelstop Counts on Asian Startups to Unlock New Era in Corporate Travel

Raini Hamdi, Skift

For over a decade, corporate travel management companies have been trying to pry open the huge market in Asia but have hardly made a dent. Travelstop says now is the time, as the market is full of high-growth startups that will "get it." Perhaps such new players will finally disrupt the space.

2 months ago

Asian Online Travel Pioneer Zuji Shuts Down

Asian Online Travel Pioneer Zuji Shuts Down

Raini Hamdi, Skift

It was launched with much fanfare in 2002, but in the end, Zuji — which translates to "footprints" in Mandarin — failed miserably to leave a lasting imprint on Asia’s online travel scene.

2 months ago

India Looks to Inject $330 Million Into Ailing Flag Carrier

India Looks to Inject $330 Million Into Ailing Flag Carrier

Abhijit Roy Chowdhury and Vrishti Beniwal , Bloomberg

Once again the Indian government has failed to sell Air India. You've got to wonder how long it can keep going before someone just decides enough is enough.

3 months ago

Kuala Lumpur’s Batu Caves Reveal Heritage Tourism’s Struggles in an Instagrammable World

Kuala Lumpur’s Batu Caves Reveal Heritage Tourism’s Struggles in an Instagrammable World

Rebecca Stone, Skift

The ongoing investigation into the painting of the Batu Caves steps points to a greater need to appropriately preserve heritage sites. Protecting a country’s history and heritage for future generations should come first; increasing the number of Instagram "likes" and "tags" a heritage site gets should come second.

3 months ago

Air China Looked Into Buying HNA’s Airlines

Air China Looked Into Buying HNA’s Airlines

Bloomberg

Hainan Airlines is in many ways HNA's flagship brand, so selling it off would be an admission of defeat. The company's vociferous denial implies it wants to keep hold of it, but with debts of $78 billion, will it have a choice?

3 months ago

Asia’s Booming Low-Cost Aviation Sector Has Significant Challenges

Asia’s Booming Low-Cost Aviation Sector Has Significant Challenges

Kyunghee Park and Jill Ward, Bloomberg

As more new low-cost carriers take to the skies in Asia, more needs to be done to ensure they don’t go down the way Lion Air did last month, not just in safety but business sustainability.

3 months ago

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Crystal Tse, Bloomberg

With stocks falling across the world, it might not be the best time to launch an IPO.

3 months ago

Marriott Hack May Have Come From China

Marriott Hack May Have Come From China

Patrick Clark and Paul Panckhurst, Bloomberg

We're still in the very early stages of the investigation, so it's probably best to treat information like this with caution.

3 months ago