HWH International Inc. Expands Its Hapi Travel Venture
HWH International Inc. Highlights Travel Joint Venture Progress
HWH International Inc. is excited to share major developments regarding its joint venture within the Hapi Travel business, where the company holds a 19% interest. This venture was established to create unique travel opportunities, driven by partnerships with seasoned industry professionals.
Establishment of HapiTravel Holding Pte. Ltd.
Under this joint venture, Hapi Travel Group has successfully set up HapiTravel Holding Pte. Ltd., based in Singapore. This Wholly Owned Foreign Enterprise (WOFE) serves as a strategic holding company, focusing on expanding operations in China. The joint venture prioritizes three main sectors, presenting innovative solutions and services to a growing clientele.
Education Tours
One of the cornerstones of this initiative is the organization of inbound and outbound educational tours tailored for primary and secondary schools. This service not only enhances educational experiences for students but also fosters cultural exchange and understanding.
Conference Tour Packages
In addition to educational tours, the venture offers bespoke travel solutions for institutional events and group conferences. These customized packages aim to enhance the travel experience for organizations looking to hold successful events.
B2B Hotel Booking System
Furthermore, the introduction of a B2B hotel booking system aims to streamline hotel reservations for businesses, ensuring efficiency and reliability in meeting their clients' needs.
Financial Growth and Expansion Plans
The joint venture has seen remarkable success, achieving over US$18 million in collective revenue within the initial three quarters of the operational year. Hapi Travel has also established a strong presence in Hong Kong through its subsidiary, Hapi Travel Hong Kong Ltd. With plans for further expansion, additional subsidiaries are set to open in Singapore and Malaysia to cater to the rising travel demand between China and the ASEAN region.
Leadership Insights on Travel Growth
Mr. Heng Fai Chan, Executive Chairman of HWH, expressed ongoing enthusiasm about the increasing travel connections between China and various other global destinations. “We are thrilled to witness exponential growth in travel between China and the rest of the world while expanding our footprint in the ASEAN region,” he remarked. His vision emphasizes the company’s commitment to promoting health, wealth, and happiness as fundamental values.
About HWH International Inc.
HWH International Inc. embodies a lifestyle-driven approach, focusing on four key pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel, and Hapi Wealth Builder. These initiatives create diverse pathways to help individuals achieve their aspirations related to health, wealth, and overall happiness.
Contact Information for Inquiries
For those interested in learning more or for investor and media inquiries, HWH encourages reaching out directly:
HWH International Inc.
4800 Montgomery Lane, Suite 210
Bethesda, MD 20814
301-971-3955
contact@hwhintl.com
Frequently Asked Questions
What is the purpose of the Hapi Travel joint venture?
The Hapi Travel joint venture aims to enhance travel experiences by providing educational tours, conference packages, and a hotel booking system.
How has the joint venture performed financially?
It has generated over US$18 million in revenue within the first three quarters of its operation.
Where is HapiTravel Holding Pte. Ltd. located?
The holding company is based in Singapore, focusing on expanding operations in China.
What are the key sectors of focus for the joint venture?
The joint venture focuses on education tours, conference travel packages, and B2B hotel bookings.
Who leads HWH International Inc.?
Mr. Heng Fai Chan serves as Executive Chairman, guiding HWH’s mission and operational strategy.
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