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  • New Global Directors Join the 2018-2019 HFTP Board

    The HFTP 2018-2019 Global Board of Directors was installed during the association's 2018 Annual Convention and introduces new directors Toni Bau, Carson Booth, CHTP and Mark Fancourt. These extensive director profiles give insight into the distinguished professions and personal goals of HFTP's newest association leaders.

  • Letter from the HFTP Global President: At the End of the Year, We Reflect on the Best of the Year

    As we prepare to transition to the new HFTP Global board at the 2018 Annual Convention in October, I would like to take the time to reflect on my year serving as HFTP Global president.

  • Members Only: 2018 HFTP Compensation and Benefits Report

    By Tanya Venegas, MBA, MHM, CHIA. Results to the biannual survey conducted by Hospitality Financial and Technology Professionals (HFTP). Information includes data on compensation and benefits trends for finance and technology professionals in the club and lodging industries.

  • IT Spending in the Lodging Industry Three-year Analysis: 2015–2017

    By Agnes DeFranco, Ed.D., CHAE; Arlene Ramirez, CHE, CHAE; and Tanya Venegas, MBA, MHM, CHIA. PART II: An analysis of IT spending data in the lodging industry based on reporting in the new USALI Schedule 6 — Information and Telecommunications Systems.

Sojern to expand into new markets with US$120m fresh funding

Web In Travel (WIT) ·14 November 2018
Travel tech firm Sojern has raised US$120 million Series D led by growth equity firm TCV, raising its total funding to US$162.5 million over five rounds.

Uncovering stories of startups in Asia Part 1: Of challenges, funding and going global

Web In Travel (WIT) ·14 November 2018
Startups from China, Taiwan, the Philippines, Taiwan, Nepal and Israel took to the stage at the WiT Bootcmap held in conjunction with WiT Singapore 2018 conference last month to share their stories and the state of the startup ecosystem in their countries.

Agoda teams up with JTB Corp and LINE Travel to expand online sales and distribution in Asia

Web In Travel (WIT) ·12 November 2018
Singapore based online travel agent (OTA) Agoda inked new deals last week with JTB Corp (JTB), Japan’s largest travel network, and LINE Travel, a newly-formed one-stop travel booking service in Taiwan.

The Wrap: Longer trips and closer to home this December for travellers, study finds

Web In Travel (WIT) · 7 November 2018
Christmas and New Year holidays fall mid-week this year, on a Tuesday, and this has influenced one third of travellers planning trips in December to go away for 12 days or more, with the majority vacationing within their region.

Guest Blog: The Success of Travel Tech Consolidation Relies on Integration

Web In Travel (WIT) · 7 November 2018
The big are getting bigger. That sums up what’s been happening in Asia and looks all but certain to continue. Whether in the OTA space or in the hotels’ space, buying sprees, mergers and acquisitions are all the rage.

Facebook releases 'travel marketing playbook' for the digital travel ecosystem, identifying top travel trends in 2019

Web In Travel (WIT) · 1 November 2018
At its APAC Travel Summit, Facebook released its Measure What Matters Travel Marketing Playbook – a guide for Asia Pacific travel marketers, to help them navigate the complexities of the travel industry’s digital ecosystem.

WiT Singapore 2018: Whatever it takes to design and build for the customer: Ponde

Web In Travel (WIT) ·30 October 2018
When asked to pick a song that best describes his personal journey with Facebook, its head of global travel strategy Nikhilesh Ponde, chose “Whatever It Takes” by Imagine Dragons.

South-east Asia's Grab secures US$200 million from Booking Holdings

Web In Travel (WIT) ·29 October 2018
South-east Asia’s largest ride hailing firm Grab has scored another huge investment – US$200 million from US travel giant Booking Holdings as part of a strategic partnership between the two companies.

Travelport says it's first GDS to offer NDC flight booking

Web In Travel (WIT) ·25 October 2018
Travelport seems to have taken a step ahead of its rival GDSs (global distribution system) by claiming to be the first to manage live flight bookings IATA New Distribution Capability (NDC) content.

Through The Looking Glass of Cempedak Island: 8 Key Takeaways from WiT Singapore 2018

Web In Travel (WIT) ·23 October 2018
After an intense three days of “Through The Looking Glass”, my mind is still sparking neurons even though I am now safely esconsced on a private island in Bintan, Indonesia.

WiT Singapore 2018: Expedia and Traveloka - a collaborative partnership of global might and local power

Web In Travel (WIT) ·23 October 2018
In mid-2017 one of the biggest news that hit the world of online travel was Expedia Group investing US$350 million in Indonesian OTA Traveloka, making it South-east Asia’s first travel unicorn.

WiT Singapore 2018: Singapore Tourism Board shares lessons in Destination Marketing 2.0: it's about being agile, bold, and creative

Web In Travel (WIT) ·23 October 2018
Destination marketing no longer looks or works like what it did before. It is no longer about year-long campaigns that remain predominantly static, with maybe slight tweaks to highlight certain events through the year. It is certainly no longer about bringing the media and travel agents to your shores and showing them around to the best spots.

WiT Singapore 2018: Another record-setting event for WiT Singapore 2018: about US$50,000 raised for charity

Web In Travel (WIT) ·17 October 2018
Another record was set tonight to cap this year’s successful WiT Singapore 2018. About US$50,000, double the target, was raised at the Charity Talent Auction held at the closing cocktails, sponsored by Adara.

WiT Bootcamp 2018: Three investors give their two cents on how to seek funding in travel

Web In Travel (WIT) ·17 October 2018
The WiT Bootcamp has always been a day focused on the rising stars in travel – innovative startups share their quirky ideas, and the day acts as an open platform for discussing where potential avenues for growth lie in the industry, and who is best equipped to embrace it.

WiT Singapore 2018: From WiT Startup Pitch champion to US$300M in funding, Eric Gnock Fah shares the journey of Klook

Web In Travel (WIT) ·17 October 2018
Eric Gnock Fah (COO & Co-founder, Klook) was recognised as a ‘next gen leader’ at the WiT Hall of Fame 2018, for Klook’s rapid success, growth and expansion over the last three years, since winning the WiT Japan & North Asia Startup Pitch back in 2015.

WiT Singapore 2018: It's just a matter of time before drones take over commercial aircraft, says Bobby Healy

Web In Travel (WIT) ·16 October 2018
Tech futurist and CTO of CarTrawler Bobby Healy gave the WiT Singapore 2018 audience a glimpse into where travel tech is headed and what the future of travel might look like in the next 10 to 20 years.

WiT Singapore 2018: Agoda's Robert Rosenstein says travel is still a market of monsters, copycats and startups

Web In Travel (WIT) ·16 October 2018
As WiT Singapore 2018 took its first steps Through the Looking Glass at Marina Bay Sands this morning, Robert Rosenstein (co-founder & chairman, Agoda) sat in the hot seat to reflect upon how the travel industry has evolved in his years running Agoda.

WiT Singapore 2018: How AccorHotels made the leap from marketing hotels to destinations too

Web In Travel (WIT) ·16 October 2018
Instead of using the same old methods of selling hotel rooms, AccorHotels is getting innovative. During the WiT Singapore 2018 Main Stage, Emilie Couton (Vice President, Digital Marketing Asia Pacific, AccorHotels) took the stage to present how the hospitality-tech company was actively pursuing marketing destinations, as well as its hotel products.

WiT Bootcamp 2018: Of funding and pivot - rocky road to success for startups

Web In Travel (WIT) ·15 October 2018
They came, they pitched and they won. They are the startups at the WiT Bootcamp, held in conjunction with the annual WiT conference, who returned to share their journey at this year’s event.

Top 3 WiT Startup Pitch finalists picked; all 12 semifinalists receive Amazon Web Services credits

Web In Travel (WIT) ·15 October 2018
The WiT Startup Pitch 2018, in a first collaboration with Amazon Web Services (AWS), has narrowed its search for the Startup of the Year to the last three.

WiT Bootcamp 2018: Culture Trip takes flight through travel content

Web In Travel (WIT) ·15 October 2018
With a calm demeanor attesting to his background in academic psychiatry, and not a tie-dyed item in sight, Dr Kris Naudts may not at first glance seem the most obvious candidate for the next empire builder in travel content.

WiT Bootcamp 2018: APAC travel startups predicted to grow twice as fast as North America and Europe

Web In Travel (WIT) ·15 October 2018
The WiT Singapore 2018 Bootcamp kicked off today at the Grand Copthorne Waterfront hotel. As usual, a veritable mix of fresh-faced and ambitious startups, as well as stringent and open-minded investors filled the ballroom, ears pricked to find out how the travel industry is evolving, what fresh opportunities can be seized, and what challenges must be overcome.

WiT Bootcamp: Muslim travel sector holds huge potential with US$238b expected by 2020, reveals new Salam Standard report

Web In Travel (WIT) ·15 October 2018
The numbers say it all – by 2060, there will be 3 billion people globally who identify as Muslims, one in three of the world’s population (statistics from Pew Research Centre).

Klook adds event booking feature on back of Jay Chou's Invincible World Tour

Web In Travel (WIT) ·11 October 2018
Leading travel activities and services booking platform Klook has become the first in this space to offer event booking. Accessible via the award-winning Klook App, the service made its debut in collaboration with Taiwanese musician Jay Chou in September.

AirAsia to transform into a travel tech company, with help from Google

Web In Travel (WIT) ·10 October 2018
From a low cost carrier to a digital airline, and now Malaysia-based AirAsia aims to become a travel tech company, teaming up with Google Cloud, the search giant’s cloud computing platform, to accomplish that.

Through The Looking Glass: Using blockchain and fin tech to elevate the next billion users in emerging markets

Web In Travel (WIT) · 3 October 2018
In our continuing series of articles around our WIT Singapore Conference theme of “Through The Looking Glass”, where we look outside travel in search of different stories and lessons, we look at how a new startup is aiming to use blockchain and fintech to address the base of the pyramid in emerging markets.

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