Bangkok, Thailand, July 8, 2020 / TRAVELINDEX / Hotelintel, publisher of the Thai hotel portal, has acquired the Australian publication eGlobal Travel and Destination Thailand from Stephen Morton's Global Travel Media Company. These acquisitions create a strong travel publishing group ideally positioned to capitalize on the anticipated growth in international tourism following the lifting of COVID-19 restrictions.

Ms. Wimintra Raj, CEO of Hotelintel, said the online publications have a long history of success and enjoy a strong global readership in the travel and hotel industry.

"These titles perfectly complement our publication Hotelintel.co. Together, we can now offer advertisers greater reach in local and international tourism markets and provide readers with stronger content focusing on the Asia-Pacific region, China, the United States and beyond."

She explained that the value of eGlobal Travel and Destination Thailand publications lies in their strategic potential, with the COVID-19 pandemic having barely affected the sale price. While traditional media companies with high overhead costs face the challenge of maintaining a sustainable business model, Hotelintel has pursued a lean, data-driven, and audience-relevant approach from the ground up, thus ensuring well-researched and insightful content from industry experts.

“Tourism will play a crucial role in the economic recovery. Our expanded online publishing group now has the resources to take a leading role in the travel and hospitality sector,” she said.

Stephen Morton expressed his enthusiasm for the potential of the merged group. “All our employees will be retained, and new positions and roles will be created for our editors in Thailand and around the world,” he said. Destination Thailand and eGlobal Travel will continue to be published Monday through Friday, and the websites, covering all areas of the travel industry, will be updated daily.