Wego expands into business travel

The Dubai and Singapore based OTA has acquired business travel and expense management platform Travelstop, as it plans to move into business travel

By combining their resources and expertise, Wego and Travelstop aim to revolutionize the way companies navigate the complexities of corporate travel as well as contribute to the growth and development of the travel industry in the Middle East and Asia-Pacific regions.

Key takeaways

• Wego aims to address the unique challenges faced by businesses operating in emerging markets, such as fragmented travel options and manual expense reporting;
• The combined platform will provide businesses with a one-stop solution, enabling them to seamlessly manage their corporate travel needs while gaining greater visibility and control over expenses;
• According to August 2022 'GBTA BTI Outlook Annual Global Report & Forecast', the APAC and Middle East regions stand as the largest and most rapidly expanding markets in business travel. In 2023, APAC and the Middle East regions are set to contribute to 46% of the total global business travel expenditure.

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