ONDA achieves 383% revenue growth, ranking 7th among Korean tech companies
Hospitality Tech Company ONDA Named to
FT's 'High-Growth Companies Asia-Pacific 2022'
— ONDA achieves 383% revenue growth, ranking 7th among Korean tech companies
— Startup drives digital transformation in hospitality, recording ₩100 billion in transaction volume in 2021
— Validates competitive edge through partnerships with Airbnb, Google Hotels, and other global tech platforms
(Press Release—March 21, 2022) Hospitality tech company ONDA (CEO Oh Hyun-seok) announced on March 21 that it has been named to the Financial Times' "High-Growth Companies Asia-Pacific 2022" list.
The "FT High-Growth Companies Asia-Pacific 2022" ranking is published by the Financial Times and global research firm Statista. This year's list features 500 companies from the Asia-Pacific region that met minimum revenue thresholds—$100,000 in 2017 and $1 million in 2020—ranked by compound annual growth rate.
ONDA, a hospitality tech company leading digital transformation in the online accommodation ecosystem, achieved 383% total revenue growth and 69% CAGR, placing 170th overall and 7th among Korean tech companies.
Leveraging advanced IT capabilities, ONDA has successfully automated legacy operating systems across hotels, resorts, and guesthouses, bringing digital innovation to the hospitality industry.
Drawing on deep industry expertise, ONDA has built hospitality solutions optimized for hotels and accommodation businesses—seamlessly connecting operational efficiency, revenue maximization, and guest experience. By establishing a global distribution network (GDS) powered by Korea's largest hospitality dataset, the company reached ₩100 billion in transaction volume in 2021.
Recently, ONDA became Google Hotels' first official partner in Korea, launching a direct-to-customer (D2C) sales channel that connects hotels and guests directly—drawing significant industry attention.
In recognition of its differentiated technology, business viability, and growth potential as a hospitality tech company, ONDA has forged partnerships with leading global platforms including Airbnb and Google Hotels. ONDA was also named an "Airbnb Premier Partner" for two consecutive years—a first in Korea—further validating its competitive position.
ONDA is Korea's first B2B hospitality platform to simultaneously operate an online booking solution (OBS), global distribution system (GDS), and hotel management (HM) services. Currently, 34 companies including Yanolja, Yeogi Eottae, Naver, Coupang, Airbnb, 11st, Agoda, Hotels.com, and Expedia use ONDA to expand their distribution channels.