Blog  l. Air. l. Cruises. l. Car. l. Destinations. l Deals  l. Hotels. l. Resorts. l. Tours. l. News


You’d expect that new travel tech startups would want to be based in the U.S. in general and in the San Jose/Silicon Valley area in particular. That might sometimes be the case, but interest in the travel and travel tech industries is growing at a rapid pace on the other side of the Pacific.
 
Between 2005 and 2009, North American companies captured more than 60 percent of investment money available to startups in the travel industry. Asia managed to get about 20 percent of the investment capital during that same period.
 
The most recent count, in 2014, turned this dynamic upside down. APAC startups captured 55 percent of all available travel industry funding and U.S. firm
s only managed to get 27 percent. 
 
What is behind this change?
The Far East is still a bit of a Wild West as far as both its travel and tech startup scenes. The market is still developing, and there is still space for new companies to make their mark. The travel and tech industries are more established in the U.S., so it would take a really special startup to successfully compete with the established players. 
Investors see a better risk-reward ratio in Asia, and perhaps they see a chance to back companies that can eventually become the major established names in the regional travel industry.
 
Interestingly, some of the firms that are gaining investors in Asia are doing things that never really took off in the American market: peer-to-peer marketplaces and trip planning services/apps.
 
A better climate for investing
Others may tell you that the environment is simply better for startups and investors in places like Singapore and Hong Kong. Tax laws are more favorable and incentives for investing are more generous in these cities. A couple of years ago, Facebook co-founder Eduardo Saverin famously renounced his U.S. citizenship so that he could move to Singapore and take advantage of the favorable startup investment climate.
 
The online travel booking industry is growing at an almost unbelievable rate in the Asia Pacific region. In 2013, region-wide bookings topped $30 billion. By 2016, that number is expected to almost double to $59 billion. In 2017, the total value of online booking in East Asia is projected to be $71.7 billion.

Online travel agencies are scrambling to be in position so that they can get their share of this surge. These projections are probably the biggest reason that Asian startups are able to find funding so easily. They are not necessarily competing in an online travel marketplace, they are creating the marketplace as the go. There is still time to be among the first wave of mobile booking tools and to provide database and security services to online travel agencies. 

Singapore seems to be on track to be the world’s next tech hub, while Hong Kong remains a gateway to the lucrative Chinese travel market. Other startup centers will certainly emerge in the coming years (Africa? Eastern Europe?). But for now, all eyes, and all investment dollars, seem to be focused on the Asia Pacific region.
Affordable Asia – Best Quality Vaca America’s leading  are joined together to offer great valued holidays, vacation packages, and custom tours to Asia, Europe, Middle East, Africa and more.. With over 30 years of experience, we strive to provide travelers with the most memorable vacation packages using the best combination of airfare, hotels and sightseeing. Receive $100 off per person on any new full vacation package booking. Use code: CJA100  

20% OFF our Halloween collection + FREE bracelet on orders over $75 + FREE shipping worldwide + 30 day money back! This Halloween you save 20% OFF all our Halloweek collection + FREE bracelet + Free shipping. Grab it Now! This Halloween you save 20% OFF all our Halloweek collection + FREE bracelet + Free shipping. Grab it Now!
Check out great promotions from Royal Caribbean, Norwegian and Celebrity at CruiseDirect.com!
Hurry, these offers are valid for a limited time only, exclusions apply.

Royal Caribbean Promotions:

Save 30% per Stateroom on all Royal Caribbean Sailings departing after 11/12/2015 at CruiseDirect.com! Excludes China departures. Offer valid through 11/9.
*Full promotion details: Save 30% per Stateroom. Valid through 11/9/15. Applicable Sailings: All sailings departing after 11/12/15. Excludes China departures. Save 30% per Stateroom on all Royal Caribbean Sailings departing after 11/12/2015 at CruiseDirect.com! Excludes China departures. Offer valid through 11/9.

Receive $100 On Board Credit per Stateroom on Royal Caribbean Oasis or Allure of the Seas Sailings departing May through September 2016 at CruiseDirect.com! Offer valid through 11/9.
* Full promotion details: Receive $100 on board credit per Stateroom. Valid through 11/9/15. Applicable Sailings: Oasis or Allure of the Seas Sailings May-September 2016. Receive $100 On Board Credit per Stateroom on Royal Caribbean Oasis or Allure of the Seas Sailings departing May through September 2016 at CruiseDirect.com! Offer valid through 11/9.
Receive a complimentary spa treatment when you book a balcony or above on select 7+ night Royal Caribbean sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.* Full promotion details: Receive a complimentary spa treatment. Valid through 10/31/15. Applicable Sailings: Balcony or above select 7+ night sailings 1/1/16 – 4/30/16.
Receive a complimentary spa treatment when you book a balcony or above on select 7+ night Royal Caribbean sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.

Norwegian Cruise Line Promotions:
Receive Up to $100 On Board Credit on select 2015 & 2016 Norwegian Jewel, Norwegian Getaway & Norwegian Breakaway sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.*Full Promotion details: Cruise Direct Exclusive! Receive up to $100 on board credit. Valid through 10/31/15. Applicable Sailings: Select 2015 & 2016 sailings on board the Norwegian Jewel, Norwegian Getaway and Norwegian Breakaway. Combinable with below offer.
Receive Up to $100 On Board Credit on select 2015 & 2016 Norwegian Jewel, Norwegian Getaway & Norwegian Breakaway sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.
Receive Up to $500 On Board Credit on select 2015 6+ night Norwegian sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.*Full Promotion details: Receive up to $500 on board credit. Valid through 10/31/15. Applicable Sailings: Select 2015 6+ night Norwegian sailings.
Receive Up to $500 On Board Credit on select 2015 6+ night Norwegian sailings at CruiseDirect.com! Hurry, offer valid only through 10/31.
$100 On Board Credit on Norwegian South America Sailings now through 11/30 CruiseDirect.com.
*Full Promotion details: Receive up to $100 on board credit. Valid through 11/30/15. Applicable Sailings: Norwegian South America sailings. $100 On Board Credit on Norwegian South America Sailings now through 11/30 CruiseDirect.com.
Celebrity Promotions:

Book an oceanview and above a receive benefits of All Inclusive cruise including beverage packages & more on select 2015 & 2016 Celebrity sailings at CruiseDirect.com!
*Full promotion details: All Inclusive Cruises including Beverage Packages, FREE Internet, Pre-paid Gratuities, On Board Credit & More! Valid for a limited time only. Applicable Sailings: Select 2015 & 2016 sailings. Some exclusions apply. Book an oceanview and above a receive benefits of All Inclusive cruise including beverage packages & more on select 2015 & 2016 Celebrity sailings at CruiseDirect.com!

SNAPPY’S TURNING 13! Let’s Celebrate with 50% Off.

Snappy’s birthday gives us all a reason to celebrate with this BIRTHDAY SALE! From the 20th to the 22nd of October, you will be able to take advantage of 50% off New Hosting in addition to our New WordPress Hosting!
Save 50% on all New Hosting Packages, including WordPress Hosting, on Hostgator.com with code SNAPPY13TH from 10/20/15 to 10/22/15.
Site wide eyeglasses savings! Extra 20% off for your entire order with code GSEZSAVE. No minimum purchase required. Offer ends 12/31/2015. Hurry! Site wide eyeglasses savings! Extra 20% off for your entire order with code GSEZSAVE. No minimum purchase required. Offer ends 12/31/2015. Hurry!



Lufthansa Banner