Articles tagged “yanolja”

Tourism

Saudi Arabia’s Sovereign Wealth Fund Sets up Tourism Investment Company

Asfar's launch aligns with the Saudi sovereign fund’s broad strategy, which is centered around tapping opportunities within the tourism sector and building strategic partnerships with private companies.

Peden Doma Bhutia | 1 year ago

Saudi Arabia’s Sovereign Wealth Fund Sets up Tourism Investment Company

News Blog

Yanolja Cloud Acquires U.S. Hotel Tech Company Innsoft

Yanolja Cloud has acquired Innsoft, an Oregon-based provider of hotel management software, for $8.3 million.   Yanolja Cloud is the hotel tech arm of South Korea-based booking platform Yanolja. The acquisition is part of an effort to expand its hospitality services in North America, the company said Thursday.  Yanolja Cloud plans to leverage Innsoft’s resources to…

Justin Dawes | 2 years ago

Online Travel

Why Yanolja CEO Sees Tesla as a Metaphor for His Superapp Company

Yanolja has ambitious plans to be everything to everyone — will that work for the superapp?

Peden Doma Bhutia | 2 years ago

Why Yanolja CEO Sees Tesla as a Metaphor for His Superapp Company

News Blog

Yanolja Profit Rises as Travel Rebounds in Korea and Asia Pacific

Yanolja said this week it expected that a post-pandemic rebound in international travel will continue to boost its twin businesses of online travel sales via a superapp and software sales to hotels and other travel companies. The South Korea-based startup has made progress on both ambitions since 2011, when it received a $1.7 billion investment…

Sean O'Neill | 2 years ago

News Blog

Kenya’s HotelOnline, Backed by Yanolja, Buys Hotel Software Brand HotelPlus

HotelOnline, which is based in Kenya and has more than 6,000 hotel clients for its software, has acquired HotelPlus, a provider of hotel software to 2,200 clients in East Africa, the companies said on Monday. The companies didn't disclose the terms of the deal, other than to say that the transaction was mainly done in…

Sean O'Neill | 2 years ago

Travel Technology

Decoding Yanolja Cloud and Its Hotel Software Strategy

Yanolja Cloud is the world's largest seller of hotel software whose strategy you don't understand. Here are a few "cheat codes," courtesy of the brand's chief strategy officer.

Sean O'Neill | 3 years ago

Decoding Yanolja Cloud and Its Hotel Software Strategy

Online Travel

Softbank’s $1.7 Billion Bet on Yanolja Is Largest Investment in a Travel Startup Since Pandemic Began

It's official and improbable. The South Korean startup Yanolja considers itself a triple threat to hotel tech sellers like Oracle Hospitality, online agencies like Hopper, and mid-market hospitality brands like Sonder. Can it really succeed in all three?

Sean O'Neill, Skift | 3 years ago

Softbank’s $1.7 Billion Bet on Yanolja Is Largest Investment in a Travel Startup Since Pandemic Began

Online Travel

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Yanolja means “Hey, let’s play” in Korean. If Softbank agrees to play, the travel startup will have the capital to go on an acquisitions spree to bolster its global reach. That way it will be more likely to have a successful public listing in the U.S. later.

Sean O'Neill, Skift | 3 years ago

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Online Travel

Travel IPOs to Watch for in 2021

Enthusiasm for IPOs is booming in the wake of Airbnb's sensational debut as a public company. But only a handful of startups, possibly including Turo, Traveloka, Yanolja, Gett, Tujia, SiteMinder, Sonder, and Vacasa, may have enough positive growth in 2021 to woo investors.

Sean O'Neill, Skift | 4 years ago

Travel IPOs to Watch for in 2021

Online Travel

South Korea’s Travel App Yanolja Backed by Booking Holdings Invests in Data Startup Ahead of IPO

Yanolja may seek a $4 billion valuation in its planned IPO next year. Its investment in Triple underscores its ambition to go beyond South Korea and become a global superapp and a hotel services provider.

Sean O'Neill, Skift | 4 years ago

South Korea’s Travel App Yanolja Backed by Booking Holdings Invests in Data Startup Ahead of IPO