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Online Travel Agents (OTA)
SEAsians #GoLoka for Traveloka
Traveloka appears to be crushing Expedia in core SE Asian markets despite their late entry. Will it continue to do so in 2018?
Expedia targets Southeast Asia with latest investment
Expedia is setting its sights on Southeast Asia’s booming travel industry following the acquisition of a stake in Traveloka, the Indonesian OTA. The US-based online travel giant has made a “primary minority investment” in Traveloka worth US$350 million. Private equity companies including Sequoia Capital have also contributed funding to Traveloka, bringing the total investment achieved […]
Thailand clamps down on new wave of “zero baht” tours
Thailand has revealed fresh plans to clamp down on online travel companies that sell low-quality tour packages to the country. The Tourism Authority of Thailand (TAT) and the new Online Tourism Club, which was set up specifically to tackle so-called “zero-baht” tours, said this week that it is planning to take further measures to prevent […]
Bollywood star becomes brand ambassador for Yatra
Yatra.com, the Indian online travel company, has appointed Bollywood superstar Ranbir Kapoor as its new brand ambassador. The company said that the announcement is timed to coincide with the next phase of its growth, which will see Yatra become a “travel marketplace” for a complete range of services including flights, hotels, holidays, buses, trains, cabs, […]
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