Founded by two travel and technology professionals with years of experience in Asia, Representasia specialises in technology solutions for hotels and travel companies. We provide sales/marketing representation in Southeast Asia for technology providers such as Amadeus, Proxce, Simple Booking and Duetto Research, as well as developing our own solutions - we currently have 3 exciting apps (2 B2B, 1 B2C) at the prototype stage and are looking for funding to bring them to market.
2. The global travel technology market is
forecast to grow by 14.2% over the
course of the next four years to US$12.21
billion. The compound annual growth
rate figure is currently forecast to hit
7.5% in 2015, on the back of a market
size of US$8.35 billion last year.
Technavio Research
3. Asia's tourism industry has maintained
resilient growth amidst the global
slowdown. The Asia Pacific region is the
world's fastest growing tourism market.
Asia now accounts for 40 per cent of
global tourism spend.
Boston Consulting Group
4. Our mission: to be THE go-to
company for travel & hospitality
tech solutions in Southeast Asia.
5. Our Co-Founders: Alan Lammin, CEO
Alan is a true Asia expert after
living in the region for 36
years, including senior
management roles with
Business Week & Time
Magazine. In April 2010 he
founded his own media
company in Hong Kong, Pluris
Media, and is now based in
Bangkok.
6. Our Co-Founders: Tim Russell, CMO
Tim has been in the tourism
industry since 1992 and has
worked in Paris, London,
Saigon & Bangkok. He has a
strong background in
operations, technology, sales
& marketing. representasia is
his second business venture,
following his founding of a
successful Vietnam DMC in
2009.
8. Our Mobile Apps
The ultimate hotel app,
HospiTotality provides hotels with
their own app covering all stages of
the customer journey, without the
usual development costs. By
consolidating unlimited third-
party solutions into one app,
HospiTotality makes life easier for
hotels and guests.
9. Our Mobile Apps
Tineri is an app for tour operators
and travel agents who want to give
their clients something more
compelling than a paper or PDF
itinerary. Tineri is a mobile,
interactive, social itinerary app
that enhances communication and
increases client satisfaction.
10. Our Mobile Apps
Our RepresentasiaNews app is the
mobile version of
www.representasianews.com, the
news portal for travel, hospitality,
technology and startups in
Southeast Asia. It launched on
16 December 2015.
12. Financial Projections
2016: net loss of US$72,000
2017: pre-tax profits of US$200,000
2018: pre-tax profits of US$330,000
2019: pre-tax profits of US$453,000
2020: pre-tax profits of US$568,000
Company valuation at end of 2018:
US$1,000,000
NB subject to Thailand BOI approval, company
will be tax exempt for first 8 years of operation
13. Investment Opportunity
An investment of US$250,000 in Q1 of 2016 in
return for a 25% share of the business - a share
predicted to be worth US$400,00 by Q4 of 2018.
Our existing directors have already invested over
US$90,000 in the business. The additional funds
will largely be used to cover the development of
the Tineri and HospiTotality apps.