SINGAPORE – Travel DMC Group, a leading Asia-based destination management company, has announced a strategic investment of USD 1.5 million over the next one years to expand its footprint in the Philippines inbound tourism sector.
As part of this expansion, the company will establish new offices in Manila, Cebu, and Davao, reinforcing its commitment to the Asia market. Travel DMC Group is also in discussions to acquire local tour operators, which will strengthen service delivery and enhance capacity to meet growing demand.
The investment will focus on:
- Building stronger B2B partnerships with local travel agencies
- Expanding technology platforms for agents and operators
- Developing innovative and competitive travel products tailored for the Asian market
“The Philippines is one of the most dynamic tourism markets in Asia, and we see tremendous potential for growth. Our investment demonstrates our long-term commitment to supporting the local tourism economy,” said Mr. Parvesh Kumar, Chairman of the Board of Travel DMC Group, who holds majority ownership of the company.
Ms. Gina Pecasales, Director of Travel DMC Group Philippines, added:
“With offices in Manila, Cebu, and Davao, we are positioning ourselves to deliver world-class services to our partners. This expansion represents a milestone in our journey to strengthen regional presence and create long-term value for the entire tourism ecosystem.”
This move by Travel DMC Group is expected to generate new business opportunities, create employment, and contribute significantly to the Philippines’ position as a leading tourism destination in Asia.
