Finance
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.
Virgin Red introduces first-of-its-kind U.S. credit card
Virgin Red has teamed together with Virgin Atlantic, Virgin Hotels and Virgin Voyages to land members more epic travel rewards, all on one unique card.
Scapia turns lounge privileges into airport privileges
Scapia, India’s travel fintech, announced a bouquet of product launches as part of their Monsoon Release 2024, enhancing the overall travel experience for Indians, including a first-of-its-kind offering of Scapia Airport
Travelsoft unveils Travelsoft Pay
Travelsoft – the global travel software-as-a-service (SaaS) player whose technologies are used by travel agents and tour operators to package and distribute travel – announces that it has launched Travelsoft Pay for clients to respond to requests for improved payment solutions.
Avolon to acquire a portfolio of 118 aircraft
Avolon, a global aviation finance company, announces an agreement to acquire Castlelake Aviation Limited (‘CA Ltd’), an entity managed by Castlelake L.P., the global alternative investment manager.
Collinsons report shows Asians willing to spend for travel
Travel engagement solutions firm Collinson International just released its 2024 Travel Benefits and Customer Engagement Report.
Influx of cruise arrivals raises overtourism concerns in Greece
The Greek government expressed serious worries regarding overtourism in light of a growing number of cruise passengers entering the country.
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