Articles tagged “southeast asia”

Hotel Budget Brand RedDoorz Captures Another $70 Million in Funding

Hotel Budget Brand RedDoorz Captures Another $70 Million in Funding

Raini Hamdi, Skift

The super-budget accommodation sector in Southeast Asia has so much potential. That’s old news. What’s new is super investors have finally warmed up to the idea and are backing RedDoorz in the face of Oyo’s entry into the region.

6 days ago

Oyo to Invest $50 Million in Vietnam to Grow to 20,000 Hotel Rooms in 2020

Oyo to Invest $50 Million in Vietnam to Grow to 20,000 Hotel Rooms in 2020

Raini Hamdi, Skift

After Indonesia, Vietnam turns out to be the next big playground in Southeast Asia for Oyo, which is targeting 20,000 rooms in the country by the end of 2020. But the more Oyo rooms multiply like rabbits, the more people want to know about the real returns on investment.

2 months ago

AirAsia CEO Looks to Disrupt Again, This Time in Online Travel

AirAsia CEO Looks to Disrupt Again, This Time in Online Travel

Raini Hamdi, Skift

Tony Fernandes is taking AirAsia on "the final part of the company's evolution," one that will see the airline become a tech player. But it’s one thing to disrupt legacy carriers, and another to disrupt the disruptors in the online travel space. He disagrees, of course.

5 months ago

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Raini Hamdi, Skift

Grab will hire an additional 1,000 tech employees in 2019, after doubling the number of software engineers, data scientists, and analysts it added this year to 2,000. A look at its next R&D hiring plan gives a few hints on what it is working on.

8 months ago

Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains

Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains

Raini Hamdi, Skift

On its own, Oyo entering Southeast Asia should concern existing budget hotel players. Oyo with Grab should make them go shaky in the knees. Consolidation or new alliances will not surprise anyone.

8 months ago

Gobi Bets on Middle East Player Holidayme to Unlock Asia’s Muslim Travel Market

Gobi Bets on Middle East Player Holidayme to Unlock Asia’s Muslim Travel Market

Raini Hamdi, Skift

Holidayme has scooped up $16 million in new investment from Gobi. But can the UAE eagle soar in Asian skies where Tripfez, Gobi’s first investment in the Muslim travel space, had barely tapped the potential of the market?

9 months ago

Here’s Why Hyundai Is Investing Another $250 Million in Ridehailing Service Grab

Here’s Why Hyundai Is Investing Another $250 Million in Ridehailing Service Grab

Raini Hamdi, Skift

Grab is the go-to for motor companies wanting a piece of Southeast Asia’s future mobility market, as Hyundai’s additional tenfold investment shows.

10 months ago

Future of Electric Transportation Will Be on Two-Wheel Vehicles, Not Cars

Future of Electric Transportation Will Be on Two-Wheel Vehicles, Not Cars

Adam Minter, Bloomberg

Take off your Western blinders and see how much of the world gets around on pollution-heavy two-wheel vehicles. That's where the disruptive force of clean, electric transportation may lie.

10 months ago

Indonesia’s Go-Jek Wants to Fill the Gap Uber Left in Southeast Asia

Indonesia’s Go-Jek Wants to Fill the Gap Uber Left in Southeast Asia

Yoolim Lee, Bloomberg

With Uber out of the region, there's likely room for another ride-hailing app — especially one that could offer additional services. But with bigger rival Grab already established, Go-Jek could face an uphill climb.

1 year ago

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Jing Travel

Southeast Asia destinations won't want to put all their eggs in China's tourism basket, and they don't want to cook the goose of local populations and Western visitor markets. But the region knows China is too good of an opportunity to pass up, at least for now.

1 year ago

Southeast Asia Wants to Copy Europe’s Visa-Free Travel

Southeast Asia Wants to Copy Europe’s Visa-Free Travel

Dan Peltier, Skift

Southeast Asian countries have a grand vision for visa-free travel, massive infrastructure projects and more airline competition to grow route networks. However, too much bureaucracy and political unrest stand in the way for this to become a reality in the near-term.

2 years ago

Southeast Asian Cruising Positioned to Reap Big Benefits From China and Australia

Southeast Asian Cruising Positioned to Reap Big Benefits From China and Australia

Raini Hamdi, Skift

This is a pivotal moment for cruise tourism growth in Southeast Asia, but sustainability has to be in the forefront of development efforts.

3 years ago