Tri-weekly newsflash provides insights on the impacts and opportunities of current events for the travel and hospitality industry
SINGAPORE, 30 Nov 2021 – Velocity Ventures, Southeast Asia’s leading travel and hospitality venture capital, has partnered with Pear Anderson, one of the leading Southeast Asian tourism industry intelligence consultancy firms, to launch a new market intelligence resource to support both travel and hospitality industry stakeholders and travel tech entrepreneurs to drive the recovery and growth of the sector.
Combining Velocity Ventures’ unparalleled industry knowledge of emerging technologies in the space of travel and hospitality with Pear Anderson’s consulting and research services, the tri-weekly newsflash aims to provide industry partners a greater overview on the changing Covid-19 situation around the region. Spotlighting three recent critical events per newsflash, it delivers insights on the impacts for the respective affected countries and opportunities for digitization and technological advances for stakeholders, keeping them ahead of the game.
The Covid-19 pandemic has forced many companies in the travel and hospitality to adopt digital solutions such as contactless payments, contactless check-in, but the situation changes rapidly with each new measure that governments introduce. The newsflash aspires to give clarity on current events across multiple industries, such as corporates, consumers, financial markets, and tech start-ups.
“We are thrilled to partner with Pear Anderson in creating this new Covid-19 Impact Newsflash,” said Nicholas Cocks, Founder and Managing Partner of Velocity Ventures. “As a travel and hospitality venture capital firm looking at disruptive innovation in the sector, we could not have found a better research and consultancy partner than Pear Anderson who closely tracks the key emerging trends happening within the industry.”
“Despite the pandemic, there are still many opportunities within the tourism and hospitality industry for innovative players,” said Hannah Pearson, Director of Pear Anderson. “We are excited to partner with Velocity Ventures, who believe in these opportunities and have the thirst to drive the industry forward. We are confident that the newsflash, combining Pear Anderson’s data and analysis with Velocity Venture’s tech knowledge, will provide insights into exactly where these growth areas could lie.”
The first edition of the Covid-19 impact newsflash has been published at velocityventures.vc/newsflash.
