Travel innovations to come from Asia? News Feed

Travel innovations to come from Asia?

According to a panel at the Web in Travel conference in Singapore, innovation will not take a backseat in the current economic crunch and will most likely come from Asia where enthusiastic adoption of new technology and a growing middle class was creating a fertile environment for innovations in the travel space.

Indeed, said Brad Holman, managing director, Asia Pacific, for Travelport GDS, tough times drive innovation.

Citing the A380 and the Dreamliner, as innovations to drive yields and lower costs to improve margins, he said, “Itâ€'s a common trend through history. Innovation should not take a back seat (during tough times).”

Speaking at the Audience with the CEOs panel at WIT-Web In Travel, Holman, quoting Warren Buffettâ€"“When everybody is greedy, itâ€'s time to be fearful and when everybody is fearful, itâ€'s time to be greedy”â€"and said it was a time to be optimistic and there was opportunity when fear is the ruling emotion.

He refuted the challenge put forth that Asia was more known for imitation, not innovation. “I disagree that Asia is not an innovation centre. Even though it may not be the original innovator, look at the aggressive adoption of mobile phones in this part of the world.

“Innovation will come from Asia because of its lower cost base. We have the opportunity to use some of these aspects to drive innovation.”

Ric Leutwyler, President of Utell Hotels & Resorts, also believes innovation will come from Asia as markets gain more confidence. “In the past, theyâ€'d say, letâ€'s catch up with the West. Now, they say, oh no, we donâ€'t have to catch up, letâ€'s run by them. This is absolutely fabulous. Itâ€'s going to push everyone around the world and shake everyone up.”

Chong Phit Lian, CEO of Jetstar Asia, said it didnâ€'t matter whether it was innovation or imitation. What mattered was application and thatâ€'s where Asiaâ€'s got it right. “Look at how you have used SMS in this conferenceâ€"you get the question, you get the answer, itâ€'s a perfect interpretation. It gets the job done.”

As for the next big thing their companies were betting on, Holman cited social networking sitesâ€"“that phenomenon where peopleâ€'s decisions on travel and locations are influenced real time by real people comments”.

Robert Bailey, CEO of Abacus International, picked mobile. He sees mobile devices and the convergence of Web 2.0 technology as perfect for enhancing the travel experience “given that travel is mobile in itself”.

“A lot of the mobile devices are coming from Asia and this will help position Asia at the forefront of innovation.”

Mobile was also Leutwylerâ€'s choice. “This is such a mobile focused environment, thereâ€'s greater comnfort level and thatâ€'s going to push people to invest more in the area.”

Utell has launched where customers can book hotels by mobile. “Each hotel has to choose to convert their information to that channel. Partnerships are very importantâ€"we are looking for social networking and online optimization and we are looking for partners who are good at that, and leverage on that.”


Phuket Villas & Homes 101

Phuket Real Estate Advice Phuket Rentals for a holiday Phuket Condos Phuket Houses Phuket Land Phuket Building Investing in Phuket Properties Phuket Top Tips Luxury Holiday Rentals Phuket Phuket Luxury Villa Rentals Luxury Villa Rentals Phuket Luxury Holiday Homes Phuket Phuket Luxury Homes Private Luxury Villa Rentals Phuket Phuket Luxury Holiday Villas Phuket Luxury Villas Luxury Holiday Villa Phuket Phuket Luxury Property Luxury Apartments Phuket Phuket Luxury Villas for Holiday Phuket holiday deals Holiday deals Phuket Phuket cheap holidays Cheap holidays Phuket Cheap holidays to Phuket Thailand Villas Thailand Villa Rental Thailand Vacation Luxury Villas Thailand Thailand beach villas Thailand Secluded Villas Thailand Luxurious Villas Thailand Beachfront Villas Thailand Villa Thailand Pool Villas Thailand Holiday Thailand Beach Villa Thailand Holidays Pristine Phuket The benefits of a Phuket Villa Rentals Phuket Thailand travel Villa Phuket Villas in Phuket Phuket Villa Thailand Romantic Villas Phuket Vacation Phuket Property Accommodation Thailand Villas in Thailand Holiday Villas in Thailand Holidays Thailand Holidays to Thailand Travel to Thailand Vacation Thailand Villa Rental Thailand Villa Thailand Visit Thailand Villa Rentals Phuket Phuket Villa Rentals Phuket Holiday Villas Phuket Accommodation The pearl of the Andaman Staying in Phuket Luxury Villas What is the Appeal of a Phuket Villa? Phuket Private villas Renting a Villa on Phuket Rental Villas in Phang Nga Renting a Phang Nga Villa