Last May, the hotel and travel ticket booking company, Tiket.com, revealed the company’s plan to conduct an IPO (initial public offering) alias listed on the stock exchange. When asked about the continuation of the IPO plan, the Co-Founder & Chief Marketing Officer of Tiket.com, Gaery Undarsa, did not provide much information. He only ensures that the IPO is still part of the company’s plans and strategies. “We are indeed considering a number of strategic plans going forward, including an IPO. When the time is right, we will definitely notify you,” said Gaery. Gaery also did not provide more detailed information about the company’s grand plans.
However, in an interview with Kr-Asia media, Tiket.com CEO, George Hendrata, said the company will conduct an IPO in 2022. “We’re getting closer. 2022 will be the year,” said George
Although there are no further details regarding the Tiket.com IPO, what is clear, George confirmed that Tiket.com will be listed on the stock exchange. This is because there are many Online Travel Agent (OTA) companies, such as Tiket.com, which have had an IPO before, which are profitable.
“We are following the same path. 2022 will be a very busy year, and we are very optimistic to be able to grow even better after this corporate move,” said George.
Focus on the tourism industry
Gaery also said that for now, the company will still focus on boosting the growth of the domestic tourism industry.
One way to do this is by holding an annual promo titled “Online Tiket Week” or OTW on November 4-12, 2021.
In this promo event, Tiket.com collaborates with 9,000 transportation partners (planes, trains, car rentals, car transport), accommodation (hotels & Homes), To Do (travel essentials, tourist parks & attractions, events).
“That way, the wheels of the national economy can come back to life, helping workers in the tourism sector and sub-sector smile again,” said Gaery. Meanwhile, for the CEO himself, the tourism sector is seen as a very sexy business. After being affected by the pandemic, George believes the tourism sector will soon rise again. Agreeing with the CEO, Gaery also saw that the domestic tourism sector was slowly recovering.
“Indications of the recovery of the domestic tourism sector can actually be seen from ticket sales on Tiket.com. How fast is the recovery of transaction volume on Tiket.com,” said Gaery in the Tiket.com webinar broadcast on Wednesday (11/3/2021). Gaery reports that the transaction volume on Tiket.com from January to September 2021 has experienced a considerable increase, which is 10 percent. In the third quarter of 2021 alone, transactions on Tiket.com as a whole rose 52 percent, compared to the same period in 2020.
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