RedDoorz, Southeast Asia's largest and fastest-growing hotel management and booking platform, announced today the successful fundraise of US$45 million in a Series B round. The Singapore-based startup has operations across more than 80 cities in four countries in Southeast Asia, namely Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.
RedDoorz, Southeast Asia's largest and fastest growing hotel management and booking platform, announced today it will reach 1 million occupied room nights by December 2019, a result of the business doubling in size every six months.
Surabaya, Indonesia - RedDoorz, Indonesia's leading affordable online hotel booking platform, offering the finest, standardised rooms, today announced its successful expansion growth in East Java, with plans to expand to 10 cities in the province by end of this year - starting with Pasuruan and Jember.
RedDoorz, one of the leading online budget hotels booking platform in Southeast Asia, announced today its expansion into its third market in the region - the Philippines. Currently with operations and properties in Indonesia and Singapore, RedDoorz intends to tap onto the dynamic growth of the budget hospitality and travel sector in the 7,000-island archipelago country by making an investment of more than US$5 million where it projects to grow its footprint to 100 properties across the Philippines over the next 12 months.
RedDoorz, Indonesia's leading online hotel booking platform announces its expansion in Central Java with more than 110 properties to be fully operational by the end of 2018. RedDoorz currently has 73 properties in Central Java, spread across Semarang with 14 properties, 6 properties in Solo and 53 properties in Yogyakarta.
RedDoorz, Southeast Asia's leading online budget hotel booking chain with a presence in Indonesia, Singapore and The Philippines, announces its successful fundraise of US$11 million. Headquartered in Singapore, the pre-Series B round comes as an additional investment from Asia Investment Fund of Sushquehanna International Group, International Finance Corporation (private investment arm of World Bank Group), InnoVen Capital, Jungle Ventures, who have invested in past rounds – along with new investors DeepSky Capital, FengHe Group and Hendale Capital and other investors.
RedDoorz, the leading online budget hotel booking chain with a strong presence in Indonesia, today announced their expansion into Makassar to have 10 fully operated properties by the end of 2018. The brand currently has five properties located near the city's iconic Benteng Rotterdam and Pantai Losari.