Quick takes

Alibaba to restructure and list cloud business

Alibaba said that it plans to spin off its cloud business within 12 months and the group will also undergo its largest-ever reorganization. Its logistics business, Cainiao and “high-tech grocery chain” Freshippo have been approved for IPOs.

Six travel trends that could impact Asian events

Douglas Quinby, CEO and co-founder of Arival, looks at travel in Asia and sees an uneven recovery, the return of intra-regional travel, but questions remain about the return of the outbound Chinese traveller.

Amadeus reports rising hotel occupancy across Asia

Amadeus’ service, Demand360, offers a forecast of growing travel demand across Asia-Pacific in the second half of the year. And in the first quarter of the year, Asia posted a hotel occupancy growth of 62%, surpassing 2019 levels by 3%. This was largely due to the opening of China’s border.