Articles tagged “reddoorz”

While the Indian IPO market is strong right now, global markets aren't as friendly, as a result RedDoorz is taking a measured approach with its IPO plans.

Sure, Asia is a diverse market. Understand this complexity, marry that with world-class digital products and you have a thriving business.

The opportunity that Southeast Asia presents for the travel industry is boundless. Time to capitalize on it.

The confidence of the hospitality sector in Indonesia seems to be getting stronger as the archipelago relaxes arrival restrictions. As hotly anticipated properties now announce opening dates, Indonesia is clearly emerging as a key market in Southeast Asia's hospitality ecosystem.

It's clear there's going to be a new normal when guests start traveling again. Hotels in Asia that are renovating in times of Covid-19 are altering designs, although some things don't change.

The super-budget accommodation sector in Southeast Asia has so much potential. That’s old news. What’s new is super investors have finally warmed up to the idea and are backing RedDoorz in the face of Oyo’s entry into the region.

Quality tourism is a term that has been bandied about by Southeast Asian destinations. It’s high time they stop and give real thought to it.

RedDoorz' latest funding round includes two interesting new investors, Qiming and MNC Group, and it says a lot about the potential of budget accommodation in Southeast Asia, which is also being pursued by Oyo.

On its own, Oyo entering Southeast Asia should concern existing budget hotel players. Oyo with Grab should make them go shaky in the knees. Consolidation or new alliances will not surprise anyone.