Articles tagged “Klook”

Why the Shangri-La and Klook Partnership Isn’t as Odd as It Seems

Why the Shangri-La and Klook Partnership Isn’t as Odd as It Seems

Raini Hamdi, Skift

Hotel chains and tours and activities are converging again as Shangri-La Hotels & Resorts and Klook strike a partnership. The deal, following Marriott International’s stake in PlacePass last year, has its potential pitfalls but the upside could be huge for both parties if they can make it go smoothly.

2 months ago

Independent Chinese Travelers Close Gap With Tour Groups

Independent Chinese Travelers Close Gap With Tour Groups

Dan Peltier, Skift

A chunk of the Chinese market has reached maturity in just a few years when it took some Western markets decades to do the same thing. Now watch how destinations respond to more independent Chinese travelers.

3 months ago

Klook Raises $200 Million to Expand Activity Bookings

Klook Raises $200 Million to Expand Activity Bookings

Sean O'Neill, Skift

Given its new lofty valuation of more than $1 billion, Klook has become too expensive for most online travel companies to justify as an acquisition. But would a possible IPO within a few years be successful?

6 months ago

Asian Activities Booking Platform Klook Heads to the Americas

Asian Activities Booking Platform Klook Heads to the Americas

Raini Hamdi, Skift

Hong Kong-based Klook has selected the Americas as its first stop for expansion outside Asia. To beat the deeply entrenched competition, it will have to find partners that can adapt to the needs of Asian travelers.

1 year ago

Tours and Activities Site Klook Secures $60 Million Round as Goldman Sachs Invests

Tours and Activities Site Klook Secures $60 Million Round as Goldman Sachs Invests

Sean O'Neill, Skift

Klook's rapid growth suggests that a growing number of Chinese and other Asian outbound travelers want to travel independently, instead of in groups, and thus book their activities a la carte. That portends a sea change in the travel industry.

1 year ago