TTG Asia
Asia/Singapore Tuesday, 7th April 2026
Page 935

Building back better

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What is the future of travel? At this very moment last year, my vision of the future was one of abundant travel opportunities, made possible by convenient air services, some of which at affordable price points, that allow anyone to travel anytime. More destinations are opening up for tourism, fresh hotels are springing up in exciting destinations, and the growing presence of specialised tour and activity suppliers that present destinations in new light also serve to inspire travel and encourage exploration of new places.

Who would have guessed that the travel landscape would change so drastically this year because of a single virus? I would never have imagined travel to become so inaccessible, that only business-critical trips may be permissible, that costly and invasive swab tests are compulsory for travellers to be cleared for take-off, and that one may need to jump through more hoops to secure a travel visa and government-issue entry approval.

Travel and tourism for one and all who can afford it – in terms of time and money – no longer exists.

While the absence of travellers is a relief for communities struggling with overtourism, it has also provided a sobering realisation that we cannot do without tourism, for it touches many aspects of our life in positive ways – as an employer, a consumption stimulator for other industries, a supporter of community development, and a contributor to conservation efforts.

Can we rise from the ashes as responsible and appreciative travellers who make every trip count for something? Or, as professionals in the travel and tourism trade, ensure our work leaves a legacy for the communities we touch?

In these early days of tourism recovery, the answer seems promising. Hospitality players are partnering small businesses and communities within and beyond the tourism space to rebuild demand together and help each other ride out the storm.

Tours and activity operators are arousing interest in community-based tourism – even if only as an answer to safe distancing needs of travellers today.

So, even as initial travel demand seems to be mostly driven by convenient resort locations or the best deal in town, and not so much for meaningful and sustainable purposes, travel and tourism suppliers can be the heroes we need to move us towards a virtuous rebound.

A consistent move towards sustainable and responsible travel needs to start with programming, by ensuring that featured activities and contractors support host destinations, communities and local conservation efforts in some form.

Travel and tourism can build back better and stronger, and it is up to us to make that happen.

Karen Yue is group editor of TTG Asia Media. She sets the editorial direction for the company’s stable of travel trade titles and platforms, and produces content for them as well.

IATA to bid goodbye to DG Alexandre de Juniac

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International Air Transport Association’s (IATA) director general and CEO, Alexandre de Juniac, will step down from his role effective March 31, 2021.

In line to take over De Juniac’s role is Willie Walsh, former CEO of International Airlines Group. He was recommended by the IATA Board of Governors at the 76th IATA Annual General Meeting (AGM) on November 24 to become IATA’s eighth director general from April 1, 2021.

De Juniac will step down as IATA director general on April 1, 2021

De Juniac commented: “I did not come to this decision lightly. It has been the privilege of a lifetime to serve the global air transport industry – what I call the business of freedom – as the head of IATA. Over the last years IATA has strategically increased its relevance as the voice of the global airline industry. This has been evident in the COVID-19 crisis. IATA has set the course to restore air connectivity amid the pandemic with systematic pre-departure testing. We are well into preparations to fulfil critical vaccine distribution needs.

“In parallel, we have restructured IATA to survive the crisis and be ready to support the industry recovery. We have a motivated team that is determined to get the job done. The building blocks for an industry recovery are in place, and now is the right time to hand over IATA’s leadership for the long process of recovery.”

He joined IATA in September 2016 from Air France-KLM, where he was chairman and CEO.

Carsten Spohr, chair of the IATA Board of Governors and CEO of Lufthansa, said: “Alexandre has led our industry in extraordinary times. Under his leadership, IATA has become a stronger and an even more relevant organisation.

“I am also pleased that we are able to present a very capable candidate to the 76th IATA AGM to succeed Alexandre in this important role. I am convinced that Willie will be a great director general for IATA.”

Macau rolls out e-learning programme for Indian agents

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The Macao Government Tourism Office (MGTO) in India has kicked off the Macao Specialist Program for travel agents, allowing the destination bureau to maintain engagement with trade partners and provide them with useful product updates.

Indian travel agents who cannot travel to Macau for fam trips can continue to obtain destination updates from the online programme

Each varied module in the online learning programme is designed to ensure that the agents are well equipped with accurate information to promote Macau as an ideal destination for Indian travellers, and to create interesting itineraries.

Upon completion and passing of each module, agents will be certified as a Macao Specialist.

TTG is getting a new home

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TTG Asia Media is relocating its Singapore head office, effective November 30, 2020.

It will now be located at The Alpha, 10 Science Park Road, Singapore Science Park II, #03-11, Singapore 117684.

TTG Asia Media’s Singapore headquarters will now sit in The Alpha

Main office line will remain unchanged, with auto attendant assistance to route calls to various departments.

Meanwhile, editorial communications can continue to be directed to ttgnewsdesk@ttgasia.com.

The Unlimited Collection by Oakwood debuts with three properties

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Oakwood has launched The Unlimited Collection by Oakwood with a landmark signing that brings three properties into the new brand portfolio.

The new brand, which targets independent travellers, allows for a curation of independent properties that retain their unique positioning yet leverage Oakwood’s hospitality management expertise and distribution network. It will strengthen the company’s market potential through distinctive residential spaces that celebrate individualism.

The Unlimited Collection by Oakwood debuts with three iconic Singapore properties; the 20-key Ann Siang House pictured

The signings with 8M Real Estate will grant Oakwood management rights to three iconic heritage properties in Singapore’s key architectural conservation precincts, namely KeSa House, Ann Siang House and Wanderlust, with the first of these expected to open in 1Q2021.

“Oakwood is dedicated to continuous innovation and evolution with a guest-first approach. Recognising that travel decisions reflect the lifestyle and identity of our discerning owners and guests, we are excited to launch The Unlimited Collection by Oakwood and extend greater accessibility to partners on a journey towards the curation of diverse experiences. The debut of The Unlimited Collection by Oakwood alongside our inaugural partnership with 8M Real Estate symbolises the dawn of a new era in the serviced apartment industry as we celebrate individualism together,” said Dean Schreiber, interim CEO of Oakwood.

“This exciting new partnership with Oakwood allows us to leverage their expertise in hospitality management and brings a global distribution network to deliver flexible living residences for locals and travellers alike. The Unlimited Collection by Oakwood allows all three properties to retain their unique characteristics and identities which we have passionately designed and developed over the past few years.” said Ashish Manchharam, founder and CEO of 8M Real Estate.

SIA gets fresh financing

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Singapore Airlines (SIA) has successfully raised S$500 million (US$372.4 million) via a private placement of new 10-year bonds, which will be used for general purposes including refinancing of existing borrowings.

The offer was launched at an offer size of S$300 million in response to an initial expression of interest, and was increased to S$500 million after strong appetite was apparent from a select group of private investors.

Latest round of financing will strengthen SIA’s liquidity

DBS Bank and United Overseas Bank acted as joint lead managers of the issue.

SIA CEO Goh Choon Phong said the support for the bond issue reflected “strong confidence that investors have in the ability of Singapore Airlines to navigate the near-term challenges”.

Since the start of the 2020/2021 financial year, including the November 24 issuance, SIA has raised approximately S$12.7 billion in additional liquidity. This includes S$8.8 billion from SIA’s successful rights issue, S$2 billion from secured financing, S$850 million via a recent convertible bond issue, and more than S$500 million through new committed lines of credit and a short-term unsecured loan.

For the period up to July 2021, SIA also retains the option to raise up to S$6.2 billion in additional mandatory convertible bonds that would provide further liquidity if necessary.

Tourism vouchers rolled out in Indonesia to encourage local spending

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Mamaka by Ovolo names GM

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Mark Stanford has been appointed as general manager of Mamaka by Ovolo, the first urban lifestyle resort in Bali.

Ahead of the hotel’s soft opening on November 6, Stanford had been leading the pre-opening team to manage the development of the hotel.

The Australian brings a wealth of hospitality experience and knowledge spanning over 25 years, specialising in resort and hotel operations management with a passion for luxury and alpine resorts.

Stanford has helmed the creation of eight hotels and resorts, five of which have been in the role of general manager, and three of which have been in Bali, including Mamaka by Ovolo.

TTG looks into the future of travel and events in year-end special issue

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The pandemic has forced a change in the way people approach travel and events decisions, leading travel, tourism and MICE players to evolve the way they promote their products and deliver their experiences.

In the TTG Asia and TTGmice dual masthead year-end special, TTG Asia Media’s editorial team cast their eyes into the future, checking in on how business strategies are changing, what lies ahead for tours and activities, what is needed for air travel to rebound, what destination managers and marketers are doing to stay in a positive light, how will hotels rewrite their creative catering playbook for face-to-face events, and more.

TTG Asia: The Future of Travel and TTGmice: The Future of Travel and Events are presented as a single publication, available in print and online.

A digital copy can be accessed here.

Beyond 2020: four imperatives for travel recovery

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