Articles tagged “asia”

Business Travel

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

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.
Online Travel

Asian Online Travel Pioneer Zuji Shuts Down

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.
Business Travel

Why Luxury Companies Need to Pay Attention to the Newly Wealthy

Just as a gold digger goes after an older mate with deep pockets, so the luxury market has traditionally kept a focus on the mature top 5 percent. But as the world of wealth evolves, companies need to broaden their horizons to consider the new and younger groups that are becoming eligible for elite status.
Business Travel

How Millennials and Chinese Consumers Will Change Luxury Travel

Even if you think you've heard enough about millennials and Chinese consumers, it's worth keeping an eye on how both are reshaping the luxury travel industry — especially as brands are looking to target them in the coming years.
Airlines

Why Cathay Pacific Wants to Take On Low-Cost Carriers Without Creating Its Own

Like many airlines, Cathay Pacific underestimated the digital revolution and the threat of low-cost competition. It is playing catch up, and its recent financial results have not been pretty. But Cathay Pacific has an excellent brand, and it serves a lucrative home market. It should be OK.
Meetings

Local Expertise Makes the Difference in Asia Meetings Market

With Asia becoming a more popular meetings destination for Western organizations, events professionals need to understand local capabilities and cultural nuances. Often, local assistance on the ground can be the difference between success and failure.