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Travel startups targeting domestic travel market

It's not enough to return online travel agencies to growth, but it will help them find their footing again

Published Fri, May 29, 2020 · 09:50 PM

Singapore

ONLINE travel agencies (OTAs) and travel startups are now shifting gears to capture the rising domestic tourism market in Asia-Pacific, but industry players say this still might not be substantial enough for them to return to previous levels of growth.

"This year will likely be a write-off for most travel firms," Ling Vey-Sern, a senior technology analyst at Bloomberg, told The Business Times.

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