Hubilo Technologies Inc, a virtual and hybrid event platform, has entered into a partnership agreement with Constellar Venues, a subsidiary of Constellar Holdings (formerly SingEx-Sphere Holdings), aimed to elevate hybrid event experiences in the Asia-Pacific (APAC) region.
The partnership says it intends to leverage Constellar’s partner networks in the APAC region, insight-generation capabilities, and market knowledge. Hubilo’s virtual and hybrid events platform with its engagement features will offer data analytics and capabilities for generating new opportunities for businesses and event organisers to deliver maximum ROI.
Allied Market Research expects the industry’s size to register a CAGR of 11.2% from 2021 to 2028. They also anticipate that the Asia Pacific region will exhibit the highest CAGR (compound annual growth rate) of 13.3% during 2021-2028, something Constellar and Hubilo suggest they aim to take advantage of.
Vaibhav Jain, CEO and founder of Hubilo, said: “Hubilo’s years of event expertise, development of an intuitive platform with the largest engagement suite, and white-glove support, we are raising the bar on virtual and hybrid event experiences. Our partnership with Constellar Venues further strengthens our commitment to cultivate a wider, more engaged audience and deliver higher ROI.”
Aloysius Arlando, chief executive (venues) at Constellar Holdings, commented: “As Singapore returns to Phase 2 (Heightened Alert) and countries all over the world impose varying degrees of restrictions to combat the pandemic, virtual and hybrid events like those Hubilo and Constellar offer will be key to restarting MICE events and travel and in helping to sustain economic growth in the region."