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.