TTG Asia
Asia/Singapore Sunday, 26th April 2026
Page 961

Investor drawn to innovations for travel personalisation, seamless bookings, operation efficiencies

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US-based Plug and Play Tech Center, whose mission is to invest in start-ups and connect innovators with industry leaders, is staying committed to backing technologies built for the travel and hospitality industry during the current tourism crisis. However, its area of focus has shifted to solutions that are critical for business continuity in the present landscape.

Speaking at a conference session during the ITB Asia 2020 Virtual Event on October 21, Amir Amidi, managing partner, travel & hospitality revealed that Plug and Play’s investment interest today centres on three areas: personalisation, seamless end-to-end journey, and operation efficiency.

Plug and Play Tech Center is keen to back innovators who bring personalisation, seamless purchasing journey and operation efficiencies to the travel and hospitality industry

He explained: “Personalisation is an area that is definitely lacking in today’s travel industry when you compare it against others like Brand & Retail and E-commerce. (As for) seamless end-to-end journey, the pre-pandemic practice of having an average leisure traveller in North America going to 30 different websites before booking a hotel room or flight, is wrong. We are interested in backing any technology that helps the traveller feel confident about seeing the best deal on a single website quickly.”

He added: “Operation efficiency is something that will never go away, with or without a pandemic, so we will continue to be interested in technologies that could add to the bottom line and lower costs.”

Detailing specific types of technology that Plug and Play would be keen on, Amir identified solutions that facilitate contactless, seamless journey; screening, tracking and tracing; automation of processes and operations; point of care diagnostics; traveller safety and communications; air purification, UV sterilisation and new materials; restore trust and stimulate demand.

He said these solutions would be crucial for the survival of travel and hospitality sectors in the short term, although some would remain important and relevant even in the long term when the pandemic is over.

Concluding his session, Amir advised start-ups that are looking to do something in the travel and hospitality industry to focus on B2B solutions, and not B2C as they would have to “break the bank” to compete with giants like Expedia and Booking.com for global eyeballs.

“Secondly, do not start a company that is only relevant in light of the pandemic. It should solve a problem today but remain relevant post-pandemic,” he added.

“If you are an existing start-up, look for solutions suitable in today’s environment. A great example is Sherpa, which went through our accelerator programme. It was in the e-visa space but has since developed a dashboard to provide visitors with real-time information on travel restrictions, quarantine rules, Covid-19 hot spots, etc.”

Uniworld Covid-proofs its ships with antiviral spray

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Radisson rolls out new brand targeting independent hotels

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A recovery dream yet fulfilled

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Early predictions by industry observers that meaningful travel would come into favour as tourism recovers, inspired by reflections on life and responsibility to Mother Nature during the lockdown, are turning out to be a dream that is yet to be entirely fulfilled.

Desire for meaningful travel to support responsible tourism development has been weaker than predicted

In the third article by TTG Asia Media for the PATA Crisis Resource Center, TTG Asia reporters hear from Asian travel and tourism professionals that domestic travel appetite today is being whetted by self-drive opportunities, accessible destinations, island resorts in particular, and attractive promotions. Desire for meaningful travel to support responsible tourism development has been weaker than predicted.

While sustainable tourism development may take a backseat to economic recovery for some industry stakeholders struggling with the current business fallout, leading travel and tourism organisations urge destinations and suppliers to look ahead and make the effort for a sustainable tourism reset.

Will sustainability really be the new tourism? is now available at the PATA Crisis Resource Center.

Singapore, Hong Kong top APAC countries in desire to travel more

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Spain Tourism Board names new head of SE Asia, Australia and New Zealand

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Spain Tourism Board has appointed Monica Sanchez to head its office in Singapore as the new director in charge of South-east Asia, Australia, and New Zealand.

Taking the reins in this time of pandemic, Sanchez shares that her focus at the moment is to maintain Spain’s positioning as one of the most popular tourist destinations worldwide, in addition to highlighting the measures taken by the Spanish tourism sector to adapt to the new normal.

She also aims to support and work closely with operators, agents and airlines within the market – all of whom play a key role in the gradual recovery of the tourism industry from the Covid-19 crisis.

With more than 25 years of experience in tourism, branding, market research and public management, Sanchez has held various leadership and cabinet level positions within the tourism board of Spain – both in America as well as in the Ministry of Industry, Trade and Tourism’s headquarters in Madrid.

She has also served as chief of staff for successive directors general of the Spanish government’s official tourism organisation, Turespaña, as well as for the secretary general for tourism.

Singapore Airlines resumes New York service

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Singapore Airlines will return to New York, the US, on November 9 with thrice-weekly non-stop flights between Singapore Changi Airport and John F. Kennedy International Airport.

The service will be supported by the growing number of transfer passengers who can now transit via Singapore Changi Airport.

The non-stop flights between Singapore and New York will support passengers transiting at Singapore Changi Airport

An Airbus A350-900 long-range aircraft will be utilised, configured with 42 Business Class, 24 Premium Economy Class and 187 Economy Class seats.

Singapore Airlines said it would continue to review its operations to the US, and assess demand for air travel amid the ongoing pandemic, before deciding whether to reinstate services to other points in the country.

Destination Capital, KTB Securities launch equity trust for hotel investment

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Destination Capital and Thailand’s KTB Securities (KTBST SEC) have launched DESCAP 1 Private Equity Trust, which will aim to raise 2.5 billion baht (US$79.9 million) and offer an alternative asset class for investor portfolios.

The trust will acquire freehold four-star hotels of 150 to 250 rooms in prime destinations of Bangkok, Pattaya, Hua Hin and Phuket, which are viewed as destinations expected to rebound the quickest after Covid-19.

DESCAP 1 Private Equity Trust aims to acquire freehold four-star hotels of 150 to 250 rooms across Thailand

The investment strategy is to acquire urban and resort hotels, and then renovate, reposition, and rebrand them to increase their value in order to generate meaningful returns to investors.

Utilising the experience of Destination Group with its 24-year track record in Thailand of buying, managing, and selling hotels, particularly during times of distress, DESCAP1 targets a 15 per cent per annum returns with a five- to seven-year holding period.

James A Kaplan, CEO of Destination Capital, said in a statement: “We are pleased to play such an important role to support the rejuvenation of the Thai travel and tourism industry with the announcement of DESCAP 1 Private Equity Trust. This trust will invest in strategic hospitality assets to facilitate re-employment and hotel re-openings to re-launch Thailand as a preferred global travel destination. This could not have been done without the support of our Trustee (MFC Asset Management) and Trust Manager (KTBST SEC).”

RIU steps up CSR investments

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RIU Hotels’ Sustainability Report has identified 1.2 million euros (US$1.4 million) in social and environmental investments in 2019, up 41.2 per cent on 2018.

The projects abided by a social innovation model, focusing on child protection, and the well-being of the local community. The hotel group has also taken a pathway towards a more environmentally responsible hospitality model.

RIU Hotels’ social and environmental investments include supporting children’s education and well-being

Some of the outcomes of RIU’s work include the establishment of two playrooms in Quintana Roos, Mexico where children can acquire cognitive skills; reforestation of 450 trees and plants with Plant-for-the-Planet on the Canary Islands; and significant reduction in single-use plastics, consumption per guest per night and CO2 emissions across its properties.

CEO Carmen Riu noted that the company “has left behind charity to achieve a mature identity that is bound up with corporate social responsibility”.

The company expressed that “this experience has been vital in tackling the new social situation caused by Covid-19 in relation to CSR, because many projects running this year have been affected by the crisis, and the actions they involve have had to adapt to a new social reality”.

Some of the changes that had to be made this year included conversion of RIU’s face-to-face therapy for minors at risk of social exclusion and their families in Madrid to virtual retreats.

As a result of pandemic disruptions, RIU Hotels expects social and environmental investments to be lower this year compared with previous years. For 2020, it intends to focus on actions aimed at relieving the impact of Covid-19 on the destinations where its hotels are located.

Thailand welcomes first batch of foreign tourists

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