TTG Asia
Asia/Singapore Sunday, 14th December 2025
Page 268

Skyscanner reports substantial growth in Indian market

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Frasers deploys Sabre’s SynXis Retailing

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Sustainability, heritage themes central to Bali and Beyond Travel Fair 2024

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TBO goes public to accelerate growth of travel agencies in Asia-Pacific

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Travel distribution platform TBO.com has completed the public listing of its equity shares in India via the National Stock Exchange of India and the BSE Limited, raising approximately US$186 million.

The investments will be used to further enhance the TBO.com’s technology and services as well as expand into new markets in the region.

TBO.com has listed its shares on the Indian stock exchange

The public issue received an overwhelming response across all categories of investors, being oversubscribed 86.70 times overall. The Qualified Institutional Buyers portion was subscribed 125.51 times, while the Non-Institutional Investors portion received a subscription of 50.60 times. The Retail Individual Investors portion received 25.74 times, while the portion reserved for employees received 17.82 times subscription.

The company was listed on May 15 this year on the aforementioned Indian stock exchanges with a premium of 50 per cent plus over the issue price.

TBO’s two-sided technology platform enables suppliers and buyers to transact seamlessly with each other. For buyers, the platform is an integrated, multi-currency, and multi-lingual one-stop solution that helps them discover and book travel for destinations worldwide, across various travel segments such as leisure, corporate, and religious travel.

The TBO platform has a strong presence in Asia-Pacific and connects over 159,000 buyers across more than 100 countries with over a million suppliers. Their global impact was exemplified by the anchors attracted before the initial public offering, which included the Abu Dhabi Investment Authority, and institutional investors from countries like Norway, Japan and India.

“TBO’s listing on the Indian stock exchanges marks a significant milestone in our company’s journey. This accomplishment paves the way for new opportunities, enabling us to drive innovation, expand our reach, and enhance value for our shareholders and customers,” said Gaurav Bhatnagar, co-founder and joint managing director, TBO.com.

Dusit International to manage dual-branded luxury resort and residences in Phuket

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Cathay Pacific to connect Hong Kong and Riyadh

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Cathay Pacific is launching direct flights to Riyadh from Hong Kong starting October 28 this year.

The airline will offer three return flights per week (Monday, Thursday and Sunday) between Hong Kong and Riyadh using its modern Airbus A350-900 aircraft, featuring Business, Premium Economy and Economy cabins.

Cathay Pacific will commence flights between Hong Kong and Riyadh in October

This new service will offer more travel options and greater convenience for those travelling to and from Saudi Arabia.

Indonesia combats overtourism

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Singapore university partners SITA to enhance air passenger experience

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SITA is collaborating with Singapore University of Technology and Design (SUTD) to create new off-site passenger processing solutions, allowing airline passengers to check themselves and their luggage in from almost any location – even before they arrive at the airport.

The SUTD-SITA off-airport processing project kicked off in March this year and will run for a year. SITA will provide SUTD access to its SITA Flex solution, giving the SUTD researchers the necessary technology to turn their current physical, digital, and experiential off-airport designs into workable prototypes.

The collaboration will work on enabling airline passengers to check themselves and their luggage in from almost any location, even from the hotel

When fully integrated and completed, passenger processing procedures – passport scanning, luggage weighing, and printing of luggage tags and boarding passes – which are usually done at airports, will be available off-site using these prototypes.

Tourists could even have their luggage sent to the airport in advance right from their hotel, eliminating the need for them to leave their luggage with the hotel concierge should their flight depart hours after checking out of the hotel. They can simply carry on with their activities and head straight to the airport just an hour, instead of the usual two hours, before their flight departs.

As the hardware and service design requirements are ironed out and the solution takes shape, the off-airport concept will be tested for seamless integration and optimal performance with various SITA partners, including airlines, airports and ground handlers.

Sumesh Patel, SITA’s president for the Asia-Pacific region, commented: “SUTD’s designs break away from a traditional approach to off-airport touchpoints, and powering it will facilitate innovation and our ability to continually transform the passenger experience. It will also demonstrate the existing versatility of our solutions, which can be deployed both in- and off- airport and on non-SITA platforms.”

“We are designing the first fully integrated offsite solution to be powered by the SITA Flex solution – this will reshape and elevate global air travel with greater convenience and efficiency. We look forward to validating our designs in trials with airport and airline operators, cruise centres as well as hoteliers in the months to come,” shared Chong Tow Chong, president of SUTD.

Natra Bintan wants more domestic guests

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Community-powered hospitality platform to promote sustainable travel stays

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StayAltered has unveiled the latest version for its community-powered hospitality platform, with new booking and rewards features, partner services, and member benefits for independent hoteliers and sustainable travellers.

Contributing to this new version are over 80 independent hoteliers who joined forces with a founding network of contributors and partners, including COAX Software in Ukraine, GuestRevu in the UK, and Weeva in South Africa.

StayAltered helps sustainable travellers to find, book, and earn rewards with independent hoteliers easily

StayAltered combines the power of a global hospitality brand with the reach of a travel booking website, and helps sustainable travellers easily find, book, and earn rewards with independent hoteliers.

In the coming months, StayAltered will announce enhanced membership benefits for StayAltered guests with the launch of Special Guests and Super Guests plans, as well as more cooperative solutions and partner services for StayAltered hosts.

“StayAltered champions independent hoteliers, who represent over two-thirds of the global hospitality industry,” said Evan Tzeng, founder of StayAltered. “When locally-operated and sustainably-managed, their accommodations become sociocultural anchors and economic drivers for communities to thrive and flourish.”

“We believe in harnessing collective power to make tourism more purposeful and impactful. StayAltered provides us a platform to realise this vision collaboratively,” added Arunavh Dam, StayAltered host and co-founder of Muhaan Collective, a social enterprise in India developing experiential tourism and hospitality models with rural communities.