In 2023, FetchBook (Hong Kong) Data Co., Ltd. (stock code: 54165) was established and acquired through a consortium led by E.Gutzwiller & Cie Banquiers of Switzerland, in collaboration with multiple global private funds. This marked a significant milestone in the capital layout of the company in China.
The innovative OBCO operating model seamlessly integrates online and offline channels and has been successfully tested in the Chinese market. As a result, FetchBook has begun to expand its global footprint
The company has established headquarters in Los Angeles, Sao Paulo, Seoul, and Japan. Hong Kong will serve as the headquarters for the Asia-Pacific market expansion.
FetchBook is embarking on a global market strategy, leveraging its global capital layout to embark on a new journey. The company is committed to providing customers with high-quality services and products and is dedicated to becoming a leading player in the global market.
According to the data released by the United Nations World Tourism Organization (UNWTO):
Global international tourist arrivals have decreased by more than 74% during the pandemic. Specifically, global international tourist arrivals in 2019 were 146 million, compared to just 38 million in 2020.
The total output value and employment of the global tourism industry have also fallen sharply by more than 80%.
- The average number of domestic tourists was 1.51 billion, a year-on-year decrease of 86.6%
- Domestic tourism revenue was 1.2 trillion yuan, a year-on-year decrease of 82.0%.
- During the Chunyun Spring Festival Golden Week, the number of domestic tourists decreased by 73.7% year-on-year, and tourism revenue decreased by 76.2% year-on-year.
- During the Labour Day Golden Week, the number of domestic tourists decreased by 61.4% year-on-year, and tourism revenue decreased by 71.9% year-on-year.
- During the National Day Golden Week, the number of domestic tourists decreased by 45.0% year-on-year, and tourism revenue decreased by 36.5% year-on-year.
has recently published the Global Tourism Barometer 2023, which predicts a robust recovery for the global tourism industry. Tourist arrivals could potentially reach 80%-95% of pre-pandemic levels by 2023
China, with its strong market structure, is expected to play a significant role in driving the international tourism industry forward.
The company has established headquarters in Los Angeles, Sao Paulo, Seoul, and Japan. Hong Kong will serve as the headquarters for the Asia-Pacific market expansion.
As the country's tourism industry has been accumulating strength over the past three years, it is poised to make a strong comeback.
operation model, developed by FETCH BOOK. This model breaks away from traditional communication methods by removing the barriers between online and offline channels. It seamlessly integrates every process, resulting in a wider audience, increased participation, faster communication, and no marginal effects.
High immersion and low threshold methods to accumulate large number of users and increase customer stickiness.
Thereby expanding our company's influence, profitability, and capital operation capabilities.
Through the creation of a large-scale data platform, we integrate various tourism-related data and resources to conduct in-depth research and market insights into the global tourism industry. Leveraging big data technology, we explore new trends and business opportunities in the tourism industry, further expanding our business scope and revenue sources.
Simultaneously, we actively explore new business and partnership models, striving to provide better tourism products and services to our vast consumer base while laying a solid foundation for our listing plans.
We are committed to making significant contributions to the tourism industry around the world.
At FETCHBOOK, we are dedicated to providing exceptional service and creating unforgettable travel experiences for our clients. We believe that promoting sustainable tourism practices and fostering cultural exchange can help build a more harmonious and interconnected world.