Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B4
Source: 0001641172-25-024294
Chunk: 9

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B4
Chunk 9
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 regional growth rates are set to surpass the estimated global averages, with a projected increase to over 4.6% in 2024 and 4.7% in 2025. 5

1See ASEAN Briefing (2024). Australia Commits New Investments to Strengthen Ties with Southeast Asia.

2See Worldometer (2024). South-Eastern Asia Population.

3See Google, Temasek and Bain & Company (2024). e-Conomy SEA 2024.

4See International Monetary Fund World Economic Outlook (October - 2024).

5See ASEAN (2024). ASEAN Matters: Epicentrum Of Growth.

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A large and growing population is expected to lead to greater spending on lifestyle, education and housing, while demand will increase for health and aged care services. SEA continues to enjoy robust population growth. The United Nations Population Division estimates that the population of the SEA countries in 2000 was approximately 527 million people growing to 695 million in 2024. 6This population growth is driving rising levels of urbanization. Mirroring the demographic trends in China more than three decades ago, SEA is undergoing rapid urbanization with urban population percentage increasing from 31.7% in 1990 to 52.2% in 2024 according to NASA/ADS. And it is projected to grow to 62.1% of the total population by 2040. 7

OTA Business Model in SEA

The current OTA business model in SEA typically involves acting as intermediaries between travelers and various travel service providers such as airlines and hotels. OTAs offer a one-stop platform where travelers can search, compare, and book flights, hotels, car rentals, and other travel-related services. These platforms earn revenue through commissions, service fees, and advertising partnerships. OTAs negotiate agreements with airlines, hotels, and other travel suppliers to access their inventory and offer competitive prices to customers. Additionally, some OTAs in SEA have expanded their services to include holiday packages, tours, and activities to provide a comprehensive travel experience. OTAs leverage technology, digital marketing, and customer data to attract users, enhance user experience, and drive bookings. They often invest in and partners with third party mobile apps and user-friendly interfaces, especially payment apps, to cater to the growing mobile-savvy population in the region. Furthermore, OTAs in SEA may also partner with banks, restaurants, malls, stores, car rental companies, airlines, hotels and other companies to offer exclusive promotions