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The recession squashed leisure travel at the same time as budget-conscious travellers began going online to research, plan and book trips.
BBC: Is this the end of the guidebook?
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AirAsia X seeks to tap investor demand for airline stocks at a time when air travel, especially on budget airlines, is growing rapidly across the region.
WSJ: AirAsia X Revives IPO Plan
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This year, thanks to benefactors, Laos will field a team for the first time, a 10-man outfit that will travel to Hong Kong on a shoestring budget to compete in a smaller, related tournament.
BBC: Rugby, and a party, in Hong Kong