Competition is revving up in the tours technology space as online giants TripAdvisor and Booking Holdings respectively acquired Bokun and FareHarbor to expand beyond their core offerings.
The acquisition of Bokun, an Iceland-based business management software for tours, attractions and experiences suppliers, will enable TripAdvisor to expand its offering by “providing suppliers with technical solutions”.

Dermot Halpin, president, TripAdvisor Experiences and Rentals, commented in a statement: “Our opportunity in this space is enormous. We’re committed to taking the experiences sector far beyond its current online penetration of just 20 per cent, and Bokun will play a critical role in this mission.”
TripAdvisor will slash the pricing of Bokun’s product from its monthly subscriptions of €100 (US$122) to “a fraction of a per cent per booking” in the near term, making it far under the industry standard of five to six per cent, it revealed in the press release.
This latest move will signify “a new phase” for TripAdvisor as its seeks to grow beyond our core offering as a distribution channel, Halpin remarked, adding that Bokun is expected to simplify distribution for suppliers and dramatically improve the shopping experience for travellers.
Bokun will remain based in Iceland, with immediate plans to expand the team. Terms of the acquisition are not disclosed.
Meanwhile, TripAdvisor’s latest move reflects similar aspirations of Booking Holdings, which last Thursday announced the acquisition of Denver-based activities and experiences booking software provider FareHarbor.
“Today travel is fueled by technology, yet the local experiences and attractions marketplace is still largely offline,” said Gillian Tans, CEO of Booking.com in a statement.
“We see an immense opportunity to leverage this technology to bring more local experiences online, benefitting the entire global travel ecosystem for both consumers and local businesses by allowing them to connect instantly through a seamless digital experience,” she added.
FareHarbor will operate as an independent business within the company, and its senior management team will report into the Booking.com leadership team.
The acquisition has been approved by FareHarbor’s board of directors and stockholders and is expected to close in the coming weeks, subject to satisfaction of closing conditions.



























UNESCO has designated about half of Satun province as Thailand’s first Global Geopark for its renowned natural beauty and geological significance.
Satun UNESCO Global Geopark is located in the Satun province of southern Thailand, comprising four districts (Thungwa, La-ngu, Manang, and part of Mueang Satun) including two national parks and one wildlife sanctuary. Altitudes reach up to 732m, with mountains and foothills characterising the eastern and northern areas, while beaches and coastal islands dominate the Andaman Sea part of the Geopark.
The UNESCO website describes the Satun Geopark area as “a peaceful place with renowned natural beauty”, renowned for its abundance and high diversity of fossil species as well as for the oldest succession of fossils.
Prasat Hin Panyod, characterised by a spectacular pinnacle karst landscape, including a stunning sea cave and hidden lagoon that can be visited by kayak, is singled out as the most important geosite.
Yuthasak Supasorn, Tourism Authority of Thailand (TAT) governer, said in a statement: “UNESCO designation is a great honour that can only help ensure sustainable tourism growth, which the TAT feels is definitely something worth supporting and celebrating.”
In total, the UNESCO executive board in Paris endorsed 13 new sites worldwide as new UNESCO Global Geoparks, eight of which are in Asia including Cao Bang (Vietnam), Izu Peninsula (Japan) and Rinjani Lombok (Indonesia).
The full list can be found here.