Is Asia also our opportunity for tourism investment?

Posted on November 18, 2020Categories cyzlkjjuTags , , , , , , , , , , ,   Leave a comment on Is Asia also our opportunity for tourism investment?

first_imgWe recently wrote about current trends in tourism according to, which should be paid attention to. Richard Clarke, an analyst at Berstein Asset Management, then proposed one of these trends as an exceptional economic opportunity – namely, investing in tourism development within one of Asia’s most populous countries, China.Surprisingly, there is a shortage of hotels and similar accommodation units in the Asian market, while at the same time a mobile and affluent middle class is developing, fascinated by Western brands. Some of the biggest players present there, the giants Marriott, Hilton, Accor and IHG are already planning to expand to a total of 64% of the total market, and just today the World Tourism Organization (UNWTO) announced that in cooperation with Vynn Capital, a company specializing in capital ventures in the early stages of implementation in the Southeast Asian market launched this strategically important partnership that should actively promote the tourism sector through the promotion of entrepreneurship and innovation.The joint effort of Vynn Capital and the World Tourism Organization should create a framework and policy that would support technological start-ups, which recognize the possibility of developing the tourism sector of the region. Both sides will seek to motivate existing industries and actors such as hotels and gastronomic associations to adapt digital strategies, but also the private sector to technology investments. The role of Vynn Capital is to support tourism entrepreneurship and existing market players as a partner of the World Tourism Organization as the market turns to new technologies and innovations.”The World Tourism Organization is proud to partner with Vynn Capital to help us create real solutions for the much-needed digital transformation of tourism. Such partnerships are key in continuing to generate opportunities through tourism and to demonstrate that capital ventures are also crucial if we are to establish progressive sustainable development.”Said UNWTO Secretary-General Zur Pololikashvili.According to the UNWTO, the number of international visits in all regions has increased since the beginning of 2018, which continues last year’s strong trend. Significant growth is led by Asia and the Pacific, especially Southeast Asia with 10% and South Asia with 9% growth, which has already surpassed last year’s increase in international visits by 6%.”Tourism represents a great opportunity for Southeast Asia where we are witnessing the emergence of a strong middle class. Vynn Capital has recognized tourism as a key investment area and we will continue to work together with entrepreneurs and existing actors to promote the region’s tourism sector. We believe that technology organizations that focus on consumer mobility, such as Indonesia’s Travelio and Carsome, will continue to be the bearers of the economic benefits of tourism development. We have teamed up with the World Tourism Organization to raise a new generation of innovative tourism organizations in Southeast Asia. ”, said Victor Chua, one of the founders of Vynn Capital and president of the MVCA (Malaysia Venture Capital & Private Equity Association).It is certainly useful to follow the development of the situation…RELATED NEWS:CURRENT TRENDS IN TOURISM WHICH SHOULD BE ATTENTEDlast_img read more

Majak strikes debut goal as Tusker, Mathare draw

Posted on January 6, 2020Categories ogkbxbqeTags , , , , , , , , , , , , , ,   Leave a comment on Majak strikes debut goal as Tusker, Mathare draw

first_imgThe lead only lasted for four minutes after Mathare United restored parity in the same fashion Tusker did found the opener through the penalty spot with Cliff Nyakeya converting the kick after Marlon Tangauzi handled in the box.However, Tusker finished with 10 men goal keeper Emery Mvuyekure was sent off for coming off his line and handling the ball outside the box in the 79th minute.The draw saw Tusker climb up one place in the standing, leapfrogging Kakamega Homeboyz to fifth spot with 31 points while Mathare remained fourth with 35 points.-Mathare attacking first-Tusker FC team posing for a photo. Photo/Mathare UnitedMathare started on a high attacking Tusker as James Kinyanjui delivered a corner at the near post, but Tusker defender Eric Ambunya cleared away the ball with a diving header seven minutes after kick-off.Five minutes later, Mathare were at it again this time through Nyakeya who broke through with a solo run on the left flank before shifting the ball to his favourite right boot, but his curler sailed over the bar.The Slum Boys could have claimed the lead in the 26th minute had Klinsman Omulanga found the target, this is after he made a fine turn in the box, but his finish was poor as the shot missed the target by inches.On the other end, Mathare United custodian David Okello had to come off his line to rescue his team, clearing away Ambunya’s effort who had overlapped on the right flank.In the second half, Majak did well to break on the left but his cutback was a yard behind Sydney Ochieng’ to see Okello rush off his line to collect the ball.Mathare failed to maximize on the advantage they got of playing with an extra man after the Tusker keeper was sent off.This is after Tusker reserve keeper Robert Mboya denied his former side, punching away Anthony Kimani’s free-kick at the edge of the box as Ambunya cleared the rebound.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Majak scores debut goal as Tusker, Mathare draw. PHOTO/Mathare UnitedNAIROBI, Kenya, Apr 6 – New signing David Majak struck on his Kenyan Premier League starting debut as his team Tusker FC drew 1-1 away to Mathare United in a match hosted at the Afraha Stadium in Nakuru on Saturday.Majak, the Chapa Dimba Na Safaricom Season 1 Most Valuable Player, send Tusker ahead at the quarter hour mark from the spot after Sydney Ochieng was hacked down in the box by Mathare’s Francis Omondi.last_img read more