Finance
WTTC report shows Oceania tourism could give Asia Pacific economy a major boost
The latest report from the World Travel and Tourism Council (WTTC) hints that Oceania’s travel and tourism sector could boost the Asia-Pacific economy by US$112 billion by the end of the current decade.
CapitaLand Ascott Trust’s Citadines Karasuma-Gojo Kyoto divested for JPY6.18 billion
CapitaLand Ascott Trust (CLAS) divested Citadines Karasuma-Gojo Kyoto in Japan to an unrelated third party for about JPY6.18 billion.
Capella Hotel Group begins accepting digital payments at flagship properties
Capella Hotel Group announced that it now accepts digital payment tokens (DPTs) at its flagship properties Capella Singapore and Patina Maldives, Fari Islands.
Growth in Brits’ non-essential spending reaches 2024-high
Consumer card spending increased 1.2 per cent year-on-year in September, after returning to growth in August, but remained lower than the latest CPIH inflation rate of 3.1 per cent
Alipay reports surge in tourism transactions throughout Golden Week
Chinese mobile payment service Alipay reported a surge in outbound and inbound tourism transactions during the country’s weeklong celebration of its National Day.
Emirates Skywards and HSBC announce new co-branded credit cards in the UAE
Emirates Skywards has partnered with HSBC Bank Middle East to launch new cobranded credit cards in the UAE.
Asian properties dominate this year’s top ten world’s best hotels
Asian hotels dominated William Reed’s list of the 50 best hotels in the world, taking seven of the slots in the top ten.
ICICI Bank and MakeMyTrip launch a co-branded credit card for travel enthusiasts
ICICI Bank has partnered with MakeMyTrip (MMT), the country’sonline travel company, to launch a premium co-branded credit card, specially curated for the aspirational travellers of the country.
Travel eSIM provider Truely completes latest financing round
Truely announced that it just completed a US$3.5 million round of financing led by 1982 Ventures with participation from Beenext, and Kopital Ventures.
Aiello completes latest funding round for its Asian expansion
Aiello announced today, 2nd October, the successful completion of its latest US$5 million funding round.
SBI Card partners with Singapore Airlines
SBI Card, India’s largest pure-play credit card issuer, in partnership with Singapore Airlines Limited (SIA), the national carrier of Singapore, has launched the KrisFlyer SBI Card.
Two US destinations implement cruise passenger fees
Two ports in the United States are slated to charge modified cruise passenger fees beginning in 2025.
ATIA lauds Qatar Airways’ investment into Virgin Australia
The Australian Travel Industry Association (ATIA) extended appreciative comments regarding Qatar Airways’ impending investment into Virgin Australia.
Paytm announces Travel Carnival
One97 Communications Limited (OCL) that owns the brand Paytm, India’s payments and financial services distribution company and the pioneer of QR, Soundbox and mobile payments, has announced Paytm Travel Carnival with exclusive festive offers on travel bookings starting from 26th September to 5th October.
Philippine senator believes VAT refund bill could boost country’s tourism sector
Filipino senator Sherwin Gatchalian expressed his optimism over an upcoming value-added tax (VAT) refund bill that could give the country’s tourism sector a much-needed boost.
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