#Asia Tiket.com announces plan for local and regional expansion

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Indonesia’s online ticket and hotel bookings are poised to increase by IDR 2 trillion (US$144 million) every year

Travel

Online ticket booking platform Tiket.com announced plans to expand its business locally and regionally in 2016, during a media event in Jakarta last week.

Citing over 100 per cent growth in 2015 alone due to rising airline ticket and hotel bookings, Tiket.com’s Co-Founder and CMO Gaery Undarsa stated that the company plans to set up new representation offices outside of Jakarta, and foster new partnerships with international airlines and hotels.

“We plan to strengthen transactions in Jakarta while also aiming for big cities outside of Jakarta, as there is a strong potential for demands for airline tickets and hotel bookings from those cities,” he said, adding that Denpasar, Jogjakarta, Surabaya, Semarang and Bandung are Tiket.com’s users’ top destinations.

“This year [2015], we are still focussing on regional airlines in Southeast Asia and Japan. But starting from next year we will start partnerships with international airlines so that we can also reach the United States and Europe,” he said.

By 2015, Tiket.com already fostered partnerships with 14 airlines, 180,000 hotels and 15 banks across Indonesia. It also works closely with e-commerce startups such as Elevenia and Kaskus.

Also Read: Travel search site Wego appoints new GM for Indonesia

According to Undarsa, Indonesia’s relatively stable macroeconomic condition leading up to 2016 would prove beneficial for the growth of Tiket.com, as well as e-commerce and travel industry in general.

“The growth of Indonesia’s online travel industry is also determined by regulatory support … We believe that the government will provide better regulation for the sake of the growth of e-commerce industry in Indonesia,” he said.

Data from market research firm Phocuswright and travel company Expedia revealed that hotel bookings through online travel agents in Indonesia are poised to increase by IDR 2 trillion (US$144 million) every year, due to a 200 to 300 per cent consistent increase in online travel market usage.

“Enjoy 2-for-1 tickets to Echelon Indonesia 2016 now. Do not miss out on Indonesia’s biggest international tech conference!”

Image Credit: Steven Lewis at Unsplash.com

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