logo-loader
viewLoop Insights Inc.

Loop Insights partners with Mexican technology solutions provider to boost the region's tourism sector

The agreement signed with Ping Pong Innovation covers Mexico and Latin America, delivering Loop’s contactless technologies to the highly fragmented tourism sector

Loop Insights Inc. -
Ping Pong Innovation was commissioned by the Mexican government to help upgrade the tourism sector

Loop Insights Inc (CVE:MTRX) (OTCPINK:VRZPF) is teaming up with a leading Mexican technology solutions provider to boost the region’s tourism sector.

The agreement signed with Ping Pong Innovation covers Mexico and Latin America, delivering Loop’s contactless technologies to the highly fragmented tourism sector.

According to Loop, leveraging its artificial intelligence platform in the tourism sector will provide a transformational new form of revenue and growth opportunities.

READ: Loop Insights launches Smart Health contactless platform for the healthcare sector

Ping Pong Innovation (PPI), which connects clients to technology, was recently commissioned by the Mexican government to help upgrade the country’s tourism industry. Tourism in Mexico – a dominant form of revenue for the country – is currently limited by a disconnected retail and property technological landscape, Loop said in a statement.

Loop and PPI are joining forces to bring Loop’s connective technology to transform the region’s current infrastructure and create seamless, revenue-generating customer experiences.

What’s more, the coronavirus (COVID-19) pandemic is accelerating brick and mortar's digital transformation and highlighting that contactless, connected experiences are the future, according to Loop’s CEO Rob Anson.

“Ping Pong Innovation is a respected leader in building high quality, innovative solutions, and they will be very busy coming out of the pandemic,” Anson said in a statement.

“We are excited to enlist our services to help them revitalize their clients' retail and property tech infrastructure, and instill confidence back into Mexico's tourism industry."

PPI’s CEO Alma Pineda said that once the pandemic is under control, the firm’s retail and tourism clients will be “desperately waiting” to reopen their operations and rebuild.

“The tourism industry dominates Mexico and Latin America's economy and we anticipate substantial interest in connective, contactless technologies will come from this vertical,” Pineda said in a statement. “We are confident that with Loop we can revive our clients' properties so that guests feel safe and secure traveling to Mexico after the COVID-19 crisis is over."

Loop’s solutions include AI connectivity, a contactless engagement platform, and a mobile wallet pass, conveying a cohesive understanding of each customer and delivering personalized marketing.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Loop Insights Inc.

Price: 0.145 CAD

TSX-V:MTRX
Market: TSX-V
Market Cap: $9.21 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Loop Insights Inc. named herein, including the promotion by the Company of Loop Insights Inc. in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Loop Insights launches cloud-based software platform with new features like...

Loop Insights (CVE: MTRX) CSO David Salisbury joined Steve Darling from Proactive Vancouver with news the company has launched "Loop Cloud" or an application programming Interface cloud product. Salisbury telling Proactive about the many features of this new program and how it can really...

5 days, 3 hours ago

2 min read