Online venue marketplace Venuexplorer Singapore is looking at a network power-up through its acquisition by global online hotel reservations services HotelPlanner.
Venuexplorer’s founder Christopher Lee said in a statement: â€śNew advances in technology are fuelling the events industry, and weâ€™re confident that HotelPlannerâ€™s revolutionary booking technology will help take us to whole new levels.â€ť
Venuexplorer Singapore features over 100 event spaces in Singapore, including restaurants, banquet halls, conference centres and less conventional places like *SCAPES, Singapore Turf Club, F1 Karting Circuit and more.
The companyâ€™s target is to increase the market share by up to 300 event spaces by the end of this year, and to broaden its network in Asia-Pacific by 2020.
Lee has also been appointed executive vice president, APAC for HotelPlanner Singapore, and has been tasked with spearheading the companyâ€™s growth into Asia-Pacific.
Tim Hentschel, co-founder and CEO of HotelPlanner, remarked: â€śWe are very pleased to have Venuexplorer as part of our extended family and are confident that our success in the industry will allow them to continue exceeding expectations.â€ť