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A new report from Velocity Ventures, a travel and hospitality technology investor based in Singapore, paints a vibrant picture of the global and regional innovation landscape within the experiences sector.<\/p>\n
The Innovation & Deal Flow Report 1Q2025<\/em> by the VC firm offers key insights into emerging trends and investment activity, with a particular emphasis on the dynamism within Asia.<\/p>\n Also Read: Data security, solo travel, and space tourism drive growth in travel services: Report<\/a><\/strong><\/p>\n The report highlights that globally, people are increasingly seeking more fulfilment in richer experiences, prompting an increased desire for remote and exclusive destinations. This trend, however, presents challenges due to the often dangerous nature of such locations, consequently accelerating the growth of the virtual tourism field.<\/p>\n Virtual tourism leads the top growth categories with a remarkable 30.2 per cent compound annual growth rate (CAGR). VR and AR technologies allow individuals to explore remote or hazardous environments from the safety of their homes.<\/p>\n Frontier tourism also demonstrates significant growth at 20.4 per cent CAGR.<\/p>\n The Velocity Ventures report further reveals compelling activity within the experiences sector in Asia. Its proprietary deal pipeline showcases a Singapore-based community-focused travel platform that organises outdoor activities for group experiential travel. This startup raised US$2.5 million in a seed round in February 2025, with a pre-money valuation of US$30 million.<\/p>\n Referred to as PROJECT S2, this platform targets Gen Z and Millennials, capitalising on the untapped social travel economy and the human desire for real-life connections. Its strategy focuses on community-led growth and leveraging social virality to build a scalable travel engine, combining social media, events, and community-hosted trips. Key features include social discovery and community-driven trips led by local leaders.<\/p>\n Furthermore, the report spotlights several other Asian startups in the experiences space:<\/p>\n Tripotap (Dubai, UAE)<\/strong>: This startup, which offers AI-driven, eco-friendly travel experiences with AR\/VR, secured US$10,000 in pre-seed funding in January 2025.<\/p>\n Honored (Seoul, South Korea)<\/strong>: It specialises in domestic travel itineraries within Korea.<\/p>\n Only One (Tokyo, Japan)<\/strong>: This travel agency, focused on Latin American destinations and run by Japanese managers, raised US$664,890 in February 2025.<\/p>\n These examples underscore the diverse and innovative approaches being taken by travel tech startups across Asia, catering to various niches and leveraging emerging technologies.<\/p>\n Velocity Ventures’s observations extend to the broader trends among travel experiences startups. It notes a strong momentum toward curated, high-end offerings that tap into luxury travel demand.<\/p>\n Also Read: Hyperloop, blockchain, and EVs drive global growth: What it means for SEA?<\/a><\/strong><\/p>\n Many emerging players are also strategically targeting Millennials and Gen Z, utilising social media ecosystems and influencer marketing as key channels for discovery and customer acquisition.<\/p>\n Notably, an increasing number of startups are embedding sustainability and impact-driven travel into their value proposition, reflecting a growing consumer preference for responsible and ethical tourism.<\/p>\n Velocity Ventures reviews over 250 startups per year and focuses its investments across five technology verticals within the travel and hospitality industries: travel services, transportation, accommodation, experiences, and F&B. With a combined transaction and investment portfolio experience exceeding US$3.8 billion and over 30 years of combined investing experience, Velocity Ventures provides a knowledgeable perspective on market movements.<\/p>\n —<\/p>\n Image Credit: ChatGPT.<\/p>\n The post Travel redefined: Virtual tourism and social travel take centre stage<\/a> appeared first on e27<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" A new report from Velocity Ventures, a travel and hospitality technology investor based in Singapore, paints a vibrant picture of the global and regional innovation landscape within the experiences sector. The Innovation & Deal Flow Report 1Q2025 by the VC firm offers key insights into emerging trends and investment activity, with a particular emphasis on […]<\/p>\n","protected":false},"author":1,"featured_media":1356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/posts\/1354"}],"collection":[{"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/comments?post=1354"}],"version-history":[{"count":2,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/posts\/1354\/revisions"}],"predecessor-version":[{"id":1357,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/posts\/1354\/revisions\/1357"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/media\/1356"}],"wp:attachment":[{"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/media?parent=1354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/categories?post=1354"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fresnoforeclosure.com\/index.php\/wp-json\/wp\/v2\/tags?post=1354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}