Spalba expands in APAC, targets 500 properties by FY25

Event-tech platform Spalba has achieved a milestone by onboarding over 200 properties across 50+ cities, including its expansion into Nepal, marking its first foray into the APAC region. The SaaS-based platform, known for transforming venue management, plans to scale its portfolio to over 500 properties by the end of FY25.

Major hotel chains like Radisson, Oberoi, Leela, Accor, and Hyatt account for 78 per cent of Spalba's growth, while 22 per cent comes from independent properties, tourist hotspots, and unique locations such as ELIVAAS villas and farmhouses. In just one year, the company has seen a remarkable 2300 per cent growth, expanding from five properties to 115. Spalba’s portfolio includes 33 per cent properties in Tier 2-3 cities and 67 per cent in metropolitan hubs.

"Our vision at Spalba is to transform the venue management ecosystem by adopting technology and demonstrating commitment to our partners. As we expand globally, we want to set new standards in the industry by empowering venue owners and enhancing the event planning  experience at every stage. We have successfully generated over 150 queries for MICE, corporate, and wedding events in less than three months since we began our lead generation activities in mid-Q2. Alongside this, there has been a surge in digital engagement, with over 15 million impressions on Digital Twins and 762,000 unique visitors, which is similar to in-person visits," stated Naveen Gupta, Founder, Spalba.

Spalba’s innovative tools, such as the Event Mockup Builder and AI-powered SwarVaani, are redefining venue management. These solutions enable virtual walkthroughs with precise layout measurements and create personalized sales presentations using multimedia options and AI voiceovers.