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: “New advances in technology are fuelling the events industry, and we’re confident that HotelPlanner’s revolutionary booking technology will help take us to whole new levels.”
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 company’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 company’s growth into Asia-Pacific.
Tim Hentschel, co-founder and CEO of HotelPlanner, remarked: “We 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.”