Articles tagged “south korea”

The continuing return to travel normalcy is generating all kinds of new ideas for ways to satisfy clients. One popular activity in South Korea, temple stays, is proving to be an organic solution to sustainable, post-pandemic tourism.

Why would anyone start an airline now, as the airline industry recovers from its worst crisis in a century, to fly to Asia, a region where travel is expected to remain depressed until 2024? Northern Pacific Airways, a startup based in Anchorage, believes now is the best time, so it can get established before competition heats back up.

Yanolja Cloud is the world's largest seller of hotel software whose strategy you don't understand. Here are a few "cheat codes," courtesy of the brand's chief strategy officer.

Show, don't preach — that's what other destinations can glean from Korea's viral campaign.

Yanolja means “Hey, let’s play” in Korean. If Softbank agrees to play, the travel startup will have the capital to go on an acquisitions spree to bolster its global reach. That way it will be more likely to have a successful public listing in the U.S. later.

The short-term rental sector continues to spawn startups worldwide, including Handys in South Korea. Plus, this week's other funding news includes startups offering insurance for pre-paid hotel rates and estimates of carbon emissions for business travel.

Yanolja may seek a $4 billion valuation in its planned IPO next year. Its investment in Triple underscores its ambition to go beyond South Korea and become a global superapp and a hotel services provider.

Bold words from eZee, an Indian subsidiary of South Korean travel unicorn Yanolja, which is backed by Booking Holdings.

As far as warnings go, this is about as stark as you can get. For Korean Air Lines, its very survival really depends on how long the coronavirus crisis lasts.

Current conflicts in Northeast Asia do not stop people from traveling to and from the region, but they do redirect tourism flows, benefiting some destinations and hurting others.