As an avenue of unofficial and unrecorded capital flight, tourism has always been the perfect conduit, but this is becoming increasingly difficult, according to a new report from Natixis.
From super apps to artificial intelligence, technology is a big part of how the travel and tourism industry is repositioning itself for a post-pandemic world. Also emerging is a push for M&A to accelerate growth.
Ahead of the 2020 Tokyo Olympics, Asia’s largest in-destination travel services booking platform has raised a record follow on Series D funding led by SoftBank Vision Fund.
Online travel agency KKday has attracted the attention of Japanese and Chinese internet giants. Its social media profile fits in with their expansion plans.