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Articles tagged “south korea”

Online Travel

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Yanolja means “Hey, let’s play” in Korean. If Softbank agrees to play, the travel startup will have the capital to go on an acquisitions spree to bolster its global reach. That way it will be more likely to have a successful public listing in the U.S. later.

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Coronavirus

South Korea to Exempt Some People Vaccinated Overseas From Covid-19 Quarantine

South Korea rode out the pandemic with strict restrictions on visitors, but in a sign that the pandemic's urgency is easing, will now let some vaccinated visitors bypass quarantines. The rule exemption applies to visitors vaccinated abroad, although they still must be tested on arriving in the country.

South Korea to Exempt Some People Vaccinated Overseas From Covid-19 Quarantine

Online Travel

Handys Raises Funds for Short-Term Rental Management: Travel Startup Funding This Week

The short-term rental sector continues to spawn startups worldwide, including Handys in South Korea. Plus, this week's other funding news includes startups offering insurance for pre-paid hotel rates and estimates of carbon emissions for business travel.

Handys Raises Funds for Short-Term Rental Management: Travel Startup Funding This Week

Coronavirus

South Korea Closes Tourism Spots and Winter Resorts to Slow Covid Spread

South Korea's managed to stay ahead of the curve by basically staying ahead of the curve. Unlike many other nations, it's not afraid to make tough calls.

South Korea Closes Tourism Spots and Winter Resorts to Slow Covid Spread

Online Travel

South Korea’s Travel App Yanolja Backed by Booking Holdings Invests in Data Startup Ahead of IPO

Yanolja may seek a $4 billion valuation in its planned IPO next year. Its investment in Triple underscores its ambition to go beyond South Korea and become a global superapp and a hotel services provider.

South Korea’s Travel App Yanolja Backed by Booking Holdings Invests in Data Startup Ahead of IPO

Online Travel

Booking Holdings-Backed Yanolja Holds Big Ambitions to Dethrone Oracle Hospitality in Hotel Tech

Bold words from eZee, an Indian subsidiary of South Korean travel unicorn Yanolja, which is backed by Booking Holdings.

Booking Holdings-Backed Yanolja Holds Big Ambitions to Dethrone Oracle Hospitality in Hotel Tech

Airlines

Korean Air Warns That Coronavirus Could Put It Out of Business

As far as warnings go, this is about as stark as you can get. For Korean Air Lines, its very survival really depends on how long the coronavirus crisis lasts.

Korean Air Warns That Coronavirus Could Put It Out of Business

Tourism

Travel Winners and Losers in Northeast Asia’s Conflicts

Current conflicts in Northeast Asia do not stop people from traveling to and from the region, but they do redirect tourism flows, benefiting some destinations and hurting others.

Travel Winners and Losers in Northeast Asia’s Conflicts

Business Travel

Travel Advisor Innovation Report: Government Shutdown Puts Agents on Edge

While the government shutdown had not yet had a serious impact on leisure travel business as of last week, many travel advisors became increasingly concerned about what a prolonged shutdown could mean.

Travel Advisor Innovation Report: Government Shutdown Puts Agents on Edge

Business Travel

Why Are So Many South Korean Travel Agencies Closing?

Korean tour agencies got a harsh wakeup call last year. This year, they must prove they have a reason to exist alongside foreign online travel agencies and booming travel startups.