Dubai-based dnata Travel, a global travel company which also owns and operates Emirates Holidays, Gold Medal Travel Group, Travel Republic, Stella Travel Services and has also investments with Hogg Robinson Group through a joint venture, is now expanding into Southeast Asia.
The Gulf company announced last week to have reached an agreement to purchase a stake in the Destination Asia Group – a leading Destination Management Company (DMC) in Asia. This acquisition marks dnata’s first foray into Asia’s inbound travel market.
Destination Asia is an integrated destination management company (DMC) located in 11 major countries in Asia including Thailand, Vietnam, China, Japan, Myanmar, Vietnam, Hong Kong, Singapore, Malaysia, Cambodia and Laos. The company was formed in October 1996 in Thailand and Vietnam and has progressively expanded to cover all of the major markets in Asia.
“Our stake in Destination Asia opens the door to business opportunities in new markets, and will strengthen dnata’s position as a global player in travel,” said Iain Andrew, Divisional Senior Vice President of dnata’s travel business. “Already a valued partner to dnata, the Destination Asia Group has an impressive track record, in-depth regional expertise and a strong network. In Destination Asia, we have found a great partner who shares our passion for excellence, and we are confident that we will reap success from this relationship.”
“We are very honoured to be joining the dnata family,” said James Reed , the CEO of the Destination Asia Group . ”Our 11 country network with 33 operating offices perfectly complements dnata’s expansion plans. Our 700 plus award-winning staff are highly regarded in the industry and deliver the same high standards of service as dnata, every day of the year . Our diverse, multi-market segment expertise, and our international market distribution systems will enable Destination Asia to continue to deliver creative and cutting edge travel experiences in Asia . With dnata as our partner, we are confident that the Destination Asia Group will achieve even greater success in the future.”
Destination Asia provides a broad spectrum of services for the leisure, cruise and conference and events market segments . The company works with a global portfolio of tour wholesalers /tour operators to provide tailored undividual travel experiences and creative solutions for meetings professionals across Asia. Destination Asia managed also Cruise Asia@Destination Asia, the company’s cruise brand which provides shore-side services operating in more than 100 ports from Japan to Indonesia and Hong Kong to Myanmar. This includes shore excursions, turnaround services and itinerary consulting for cruise lines around the world.