Articles tagged “travelstop”

Wego's expansion into the business travel sector, facilitated by its acquisition of Travelstop, is a strategic move driven by market opportunities and the company's desire for diversification and growth.

Companies across APAC have embraced business travel as a way to fuel ambitious growth and generate eye-popping revenues. Now, companies are formalizing their corporate travel policies and using software solutions to better manage travel spend and drive efficiencies. With tools like Travelstop gaining market share, next year could be the tipping point for professionalized business travel booking in Asia.

As business travel surges in APAC, the tech tools needed to manage that travel have fallen behind. But new innovations — like those from Travelstop — are beginning to meet the ever-changing needs of this soon-to-be $900 billion market.

Hello, modern world of corporate travel and expense management, where words such as “compliance” are unfriendly and strange. Hello as well to Western investors — such as Silicon Valley's Accel — that are starting to find the Asian market irresistible.

Asia’s corporate travel management startups have been rather quiet as of late. An Accel investment in Travelstop, which has also announced Traveloka as a new supply partner, will stir things up.

Clever startups operating in Asia are helping to reshape the future of travel booking in the region. Their innovations could soon spread across the world — benefiting business travelers everywhere.

For over a decade, corporate travel management companies have been trying to pry open the huge market in Asia but have hardly made a dent. Travelstop says now is the time, as the market is full of high-growth startups that will "get it." Perhaps such new players will finally disrupt the space.

Kimkim, Travello, and Travelstop together announced more than $8.5 million in funding this week. The leisure travel agency, the social travel model, and the business travel booking tool, respectively, are each seeing new twists.