Articles tagged “southeast asia”

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.

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.

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.

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.

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?

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.

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.

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

With little budget and even less originality in marketing, the Association of Southeast Asian Nations may be better off focusing on facilitating tourism growth through infrastructure and other improvements, which it is adept at, than launching another Visit ASEAN Year.

When it comes to the potential of Southeast Asia's diverse online travel market, investors and online travel brands can no longer view what will be a gigantic market as something they can ignore for now and figure out later.