Articles tagged “reddoorz”

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.