The firm invests in visionary entrepreneurs who are reshaping the Travel & Hospitality sector, with a focus on tech-enabled companies across Accommodation, Food & Beverage, Retail & Experiences, Travel Services and Transportation sub-sectors.
Travel & Hospitality in Southeast Asia is built on strong fundamentals.
The role of Travel & Hospitality in SEA
4 of 11 unicorns come from Travel & Hospitality
Travel & Tourism accounts for 12.1% of GDP & 13.3% of employment in the region
Travel & Hospitality was the fastest growing sector in Southeast Asia (+7%) pre-COVID
Approx. 5000 – 6000, diverse Travel & Hospitality startups in the region
Growing demand & spending power in SEA
Growing middle class emerging in Southeast Asia
Higher spending power leading to increased demand for Travel, F&B and new experiences
Opportunity for digitalisation in the sector
Highest rate of mobile travel bookings globally (60%)
Mobile penetration (56%)
Key Investment Themes Emerging from COVID-19
Innovation: Driving rapid technology adoption in Travel & Hospitality, by investing in startups, from Seed to Series A, that are:
High Growth
Regionally Scalable
Tech Enabled
Transformative
Opportunity: Helping proven businesses from Series A & above, currently impacted by COVID-19 to return to growth. They tend to have:
Existing Brand Equity
Consistent Growth
Established Margins
Larger Teams
Our Value Add
We provide our portfolio companies with the deep sector-specific full spectrum of support and assistance.
Hands-On Approach: From setting up the company to providing extensive insights through our team’s sector-specific expertise, we strive to support you every step of the way.
Extensive Network: We partner with established corporates & veterans within Southeast Asia’s Travel & Hospitality industry to enable you to build a strong network within the community.
Enabling Growth: Through connections with relevant partners & industry players, we help structure future fund raises to give founders like you the best chance of closing the next round.
Collaborative Work Environment: We provide office space free of charge for the first 12 months – including internet, meeting rooms and great coffee!
Our Approach
We follow a proprietary, data-led approach to evaluate potential investments based on: