Articles tagged “online travel agencies”

Luxury Escapes, an e-commerce travel deals business, plans to raise as much as $70 million (A$100 million). Makes sense. Travel companies with capital in hand may be best-prepared for the pandemic rebound.

Like any online travel agency, eDreams Odigeo spends plenty on marketing to obtain new customers, but is currently spending next to nothing outside its own channels on getting travelers to sign up for its "Prime" subscriptions. No YouTube or banner ads, but this could change soon.

As Asia faces an extended pandemic and uneven reopenings, what is the travel industry doing to face these challenges? Join us as we learn about new strategies, opportunities, and innovation in the APAC region.

Many bootstrapped travel companies may prove more innovative than venture-backed ones during the pandemic. MaxMilhas is an example, given its distinctive approaches to selling flights and hotels.

The online travel market in Southeast Asia is a promising market, a rapidly growing region with a digitally engaged and highly aspirational middle class that is currently underserved. The industry dynamics are ever-evolving with OTAs endeavoring to do things differently in order to maintain and grow their slice of the market.

Travel startup Hopper has raised $175 million in additional investment, underscoring the potential of its financial services products and offering an interesting case study in new appetites in travel for fintech. It seems very much in the cards that the company will go public by, say, 2022.

Who knew that 2021 would be the year of travel IPOs?

The Southeast Asian online travel market is a crowded space. The industry players strive to strike a fine balance between creating the appropriate inventory mix, appealing prices and an easy-to-use interface with plenty of local offerings to distinguish themselves.

Online travel agencies were big players in travel search during the pandemic in major Latin American countries. There's a bright future for these booking sites in the region as travel restarts.

Perhaps you spent the pandemic moving house, baking bread, or home-schooling your kids. Tripadvisor spent the crisis tweaking its product mix to sell more subscriptions while also refreshing its mobile app. Mad props to everyone for making the most of things.