This collaboration will see OR expand its reach in the travel sector, as well as strengthen its lifestyle business.
SINGAPORE – Media OutReach – July 28, 2022 –Voyageokaa travel and lifestyle platform in Southeast Asia, is pleased to announce that PTT Oil and Retail Business Public Company Limited (“WHERE”) will invest in Traveloka, through its subsidiary, PTTOR International Holdings (Singapore) Pte. ltd. (“SGHoldCoThis is a major step for OR to grow in the travel industry and strive to become a one stop solution for all lifestyles.
Miss Jiraphon Kawswat, President and CEO of OR held a collaboration agreement signing ceremony between OR and Traveloka on July 26, 2022, where Mr. Ferry Unardi, Co-Founder and CEO of Traveloka was also present.
According to Ms. Kawswat, the travel sector is an area of focus for OR, as tourism is one of the major economic contributors to the Thai economy. The tourism sector employs a large part of the Thai population and many Thai SMEs also depend on this segment. The travel industry in Thailand and Southeast Asia saw high growth rates before the COVID-19 pandemic and is expected to rebound quickly after travel restrictions ease and travel demand picks up. The collaborations between OR and Traveloka will provide additional lifestyle solutions to OR customers in line with OR’s strategy to become a one-stop solution for all lifestyles. This collaboration will also provide growth opportunities for OR and Traveloka, in both domestic and international markets, in line with OR’s strategy to focus on external growth, as OR and Traveloka seek new investment opportunities with partners. , in order to provide more solutions to meet customer needs. In addition, it will also create new opportunities for Thai SMEs and Thai individuals in the travel industry to grow with OR.
“OR foresees many opportunities and possibilities that we can realize through this collaboration. Not only can this partnership provide new opportunities for OR in the travel industry, but it can also provide additional venues for OR’s existing business partners and alliances. OR to grow with OR and provide better deals and experiences for OR customers.Given Traveloka’s position as the leading online platform for travel and lifestyle services in Southeast Asia , as well as its strong technology capabilities, I believe there are a range of areas that OR can explore with Traveloka, to further enhance our technology capabilities,” Ms Kawswat said.
This collaboration is also a positive step in furthering Traveloka’s mission to fulfill the aspirations of its users and enable its merchant partners to thrive. “We see immense value in the collaboration as we see the region growing at a rapid pace, leading to greater opportunities in the industry. We are excited to be working with OR, with their expertise in building great businesses with a customer-centric approach, to capture demand and provide enhanced solutions to our customers, while creating new opportunities for our merchant partners in Thailand and the region,” says Mr. Unardi.
Traveloka, Southeast Asia’s super lifestyle app, allows users to discover and purchase a wide range of travel products, local services and financial services. Traveloka’s comprehensive product portfolio includes transportation booking services such as airline tickets, buses, trains, car rental, airport transfer, as well as access to the largest accommodation inventory in Southeast Asia. , including hotels, apartments, guesthouses, homestays, resorts and villas. , making Traveloka a booking platform with the widest selection of accommodations and packages.
Traveloka is also a key player in the local services category (currently market-specific), offering reservations for a wide range of local attractions, activities, health and beauty clinics, culinary directories as well than food delivery. Traveloka also offers financing, payment and insurance products to help Southeast Asian consumers achieve their lifestyle aspirations. Traveloka provides 24/7 customer service in local languages as well as over 40 different local payment methods. The Traveloka super lifestyle app has been downloaded over 100 million times, making it the most popular travel and lifestyle booking app in the Southeast Asian region.
For more information, please visit: https://www.traveloka.com/en-sg/