AirBNB During CNY: 15,000 Guests will Stay in Hong Kong, Bringing in HKD12.5m in for Local Host Community


These are very interesting stats from AirBNB, so we thought we would share this AirBNB press release with Hong Kong startups: the tourism industry in Hong Kong is growing and besides a handful of travel startups in Hong Kong like Klook and Sam the Local we’re looking to find out who else is in this space or if you are looking to get into TravelTech in Asia.

Read below about AirBNB in HK during CNY — and for those who have been with us for awhile: do you remember when Brian Chesky showed up at our Startup Saturday event back in 2011 when he came to launch Airbnb in Hong Kong?

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Hong Kong’s Klook Raises US$60 million Series C Financing to Go Global


We remember back when the first request for StartupsHK to cover a new travel startup called Klook came in.

Just look at them now!

Klook announced today that it has completed a near US$60 million Series C funding, representing the largest deal ever for an in-destination service booking platform. They bring onboard Goldman Sachs in this co-investment with existing investors Sequoia Capital and Matrix Partners. With this round of financing, they will further the company’s global expansion and accelerate product growth and innovation.

One of the pioneers in Asia’s travel activity booking space, Klook has seen rapid growth in the span of three short years:

  • Providing over 30,000 attractions, tours, activities and essential travel services offered in 120 different cities.
  • 1 million+ monthly bookings serving users from over 50 nationalities, with the majority from Asia.
  • Klook services support 30 currencies with 7 language services provided and more to come.
  • Over 1 million verified user reviews of Klook activities.
  • 13 offices across Asia with a focus on both the supply and demand side of the business and offices in the US and Europe to be operational next year.

Congrats Eric and team! So proud of you guys!

Keep Looking at Klook

Homepage & App

In 2008, Brian Chesky, Joe Gebbia and Nathan Blecharczyk founded Airbnb, today the startup is valued at over 10 billion USD and has disrupted the traditional travel industry in a major way and currently offer more rooms than several large hotel groups in the world. In the past few years, many others have sought to disrupt the travel industry with their start-ups too. These start-ups have brought a wider variety of choices, prices and experiences to consumers and one of the most recent ones is Klook Travel. A Hong Kong based start-up announced earlier this week that it has completed a US$1.5 million seed investment round, mainly led by Mainland China tech veteran, Xiaoguang Wu (Tencent’s Senior Executive Vice President and CEO of E-Commerce) earlier in February 2015.

According to the co-founder of Klook, Eric Gnock Fah, the company, which name stands for ‘Keep Looking’, is a one-stop-shop for travelers to explore and book a curated selection of fun-things-to-do from a skip-the-queue Hong Kong Disneyland ticket to underwater shipwreck diving adventures in Bali. The company aims to “revolutionize the lengthy, tedious process of itinerary planning into an efficient, hassle-free experience while offering exclusive deals up to 50% off and ensuring all travel picks are carefully verified”.

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