Flush with pandemic profit success, South Korean travel firm Yanolja eyes rapid expansion
By Joyce Lee
Reuters
SEOUL (Reuters) - Yanolja, a South Korean firm that provides cloud-based booking and other systems for hotels and travel companies, said it is aiming to expand its client base 16 times by 2025, building on rapid pandemic-induced growth in Southeast Asia, India and Africa.
Demand for its systems has jumped as the spread of COVID-19 put companies under intense pressure to introduce contactless services and cut costs. That in turn has made Yanolja a rare beast in the travel industry over the past year - a company which has seen earnings spike.
Flush with pandemic profit success, S Korean travel firm Yanolja eyes rapid expansion
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
SoftBank Vision Fund invests $1 7 billion in S Korean travel firm Yanolja
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.