Only 20% of Bangladesh’s travel market explored

State Minister for ICT Division Zunaid Ahmed Palak and other guests pose for a photo at a function marking the third founding anniversary of online travel agent Share Trip – Courtesy Photo

State Minister for ICT Division Zunaid Ahmed Palak has said only 20 per cent of the travel market in was explored and 80 per cent of this potential market still remain unexplored.

Foreigners and tourists are unaware of the beautiful destinations in Bangladesh, he added.

Palak said he expects with the growth of online travel agents like ShareTrip and investors like Startup Bangladesh, the tourism industry in Bangladesh will grow.

“Prime Minister Sheikh Hasina established Startup Bangladesh, a venture capital company, with the advice of the architect of Digital Bangladesh, Sajeeb Wazed Joy, ICT affairs adviser to the honourable Prime Minister. Under this ‘Digital Bangladesh’ vision, we are creating the Startup ecosystem in Bangladesh. We have a plan to allocate Tk. 500 crores to our Startups. We hope that together, we can keep nurturing the future potential unicorns of Bangladesh,” said Palak.

The state minister was speaking at a function marking the third founding anniversary of leading online travel agent Share Trip as the chief guest. Sami Ahmed, managing director of Startup Bangladesh Ltd, attended the event as a special guest. ShareTrip’s co-founder and CEO Sadia Haque and founder Kashef Rahman were also present at the event held at Hotel Sheraton Dhaka recently, said a press release.

ShareTrip handed over prestigious accolades to numerous deserving market players from industries related to travel and tourism as an amiable gesture for the extended support and contribution each made in 2020-2021. This is the very first time in the travel industry, that an agent is giving awards to its suppliers and industry partners.

To understand customers’ preferences, based on a 3-day survey with more than 10,000 responses, ShareTrip also arranged a people’s choice category for the airline and hotel industry.

Startup Bangladesh has invested at ShareTrip’s $50 million company valuation. They aim to play a dominant role in the travel industry and convert the progress into a digitized industry.

ShareTrip has served over half a million customers from across the country. More than 5,000 agents work for the brand, making travel more accessible to even the remotest areas through a2i Digital Centres.

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