Industry Update
Press Release25 September 2019

RedDoorz Becomes Largest Hotel Chain in Vietnam: Launches New Regional Tech Hub in the Country to Scale Technology Solutions

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RedDoorz
  • RedDoorz marks one year of operations in Vietnam with a commitment to drive sustainable growth for domestic and international tourism sectors.
  • The company is now operating a network of more than 125 hotels, the largest in the country, across five major cities and plans to expand to more than 200 hotels by the end of 2019.
  • RedDoorz sets a new industry benchmark by reaching 600,000 occupied room nights per month in September 2019 and is on track to deliver one-million occupied room nights per month by the end of 2019.
  • RedDoorz significantly expands its commitment to the development of Vietnam's industry by setting up its second regional tech hub in Ho Chi Minh City.
  • RedDoorz signs strategic Memorandum-of-Understanding (MoU) with Government-backed Vietnam Travel Club to boost domestic and international tourism.
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Singapore - RedDoorz, Southeast Asia's largest and fastest growing hotel management and booking platform, today marks its one-year anniversary in Vietnam with the launch of a new regional technology hub, as well as significant expansion plans in the country. The new technology hub will complement its primary technology team based out of India to facilitate agile technology developments and innovations for RedDoorz's proprietary software solutions, further boosting the firm's technology capabilities across all markets.

Asheesh Kunwar Saxena, Co-Founder and CTO of RedDoorz, said, "RedDoorz is a tech-driven company and we have always invested in our technology infrastructure to boost growth and drive innovation. Vietnam's push towards Industry 4.0 has given rise to an abundance of talent in the technology space. Setting up a technology hub in Vietnam provides us with access to this talent-pool, enabling us to focus more on driving innovations and further enhancing our own tech solutions."

The new technology hub will be strategically located in Ho Chi Minh City, and highlights RedDoorz's ongoing commitment to the sustainable development of Vietnam's tourism industry. As part of this investment, RedDoorz will employ a team of more than 50 tech professionals including software engineers, product managers and user-interface / user-experience (UI / UX) specialists within the first year of operations.

In addition to announcing the launch of the new technology hub, RedDoorz signed a Memorandum-of-Understanding (MoU) with the Government affiliated Vietnam Travel Club. The MOU will act as a pillar to highlight both parties' long-standing commitments to support inbound and outbound, domestic and international tourism in Vietnam. The MoU will focus on three key areas:

  • To promote both inbound and outbound tourism by enabling the local Vietnamese consumers to travel and explore more destinations, both domestically and internationally.
  • To expose existing and future partner hotels to a broader pool of customers and industry best practices to support their business growth.
  • To provide travel agencies and travellers with reliable, standardised travel accommodation across the region, enabling them to travel with ease and confidence.

The collaboration with the Vietnam Travel Club affirms RedDoorz's commitment to collaborate with tourism associations, clubs and enterprises in order to drive sustainable growth in the travel and hospitality space.

Mr. Ha Van Sieu, Deputy Director General of Vietnam National Administration of Tourism (VNAT), said, "Technology has been changing the tourism industry, not only in promoting tourism but also with regards to the overall travelling and on-site tourism experience, especially within the hotel and hospitality sector. The 4.0 revolution will have an impact on hotel management, transform data management, reporting, information transmission with the influx of online and digitised tools. I believe that the cooperation and experience exchange with pioneering technology-based tourism companies like RedDoorz will unlock new opportunities for Vietnamese tourism enterprises in general."

In just one year, RedDoorz has created over 800 jobs across business and hotel operations in Vietnam. The firm has rapidly scaled its footprint in the country and now operates over 125 hotels across five cities and plans to continue its expansion trajectory to amass over 200 hotels in its network across six major cities by the end of the year.

Amit Saberwal, Founder and CEO of RedDoorz, said, "Vietnam has shown strong growth in terms of its tourism industry: in 2017, international arrivals to Vietnam increased by 2.7 million while domestic tourists increased by 6.8 million[1]. In response to these growing trends, we have rapidly scaled operations in Vietnam since launching last year, and now operate the largest hotel network in the country. This is a major milestone not just by our own, but also industry standards. We will continue to invest in enhancing our operations and expanding our network of hotels across the country to help drive mutual growth with local, regional and international partners for the benefit of domestic and international tourists."

Across Southeast Asia, RedDoorz has successfully expanded its business to over 1,400 properties in more than 100 cities in Indonesia, Philippines, Singapore and Vietnam. It was the first hotel brand to have reached 500,000 occupied room nights per month in its vertical, in July 2019, a record which it has already broken, achieving 600,000 occupied room nights per month in the month of September 2019. RedDoorz is currently on track to deliver one-million occupied room nights per month by the end of the year.

[1] Vietnam Briefing: https://www.vietnam-briefing.com/news/vietnams-tourism-industry-continues-growth-2018.html/.

About RedDoorz

RedDoorz is Southeast Asia's largest and fastest-growing, technology-driven hotel management company offering affordable accommodations for everyone. With a vision to enable people to travel more and provide affordable reliable stays in all major cities and destinations across the region, RedDoorz is disrupting the hospitality industry by transforming the fragmented supply inventory into branded, standardized accommodations and leveraging its strong technology platform to drive consumer demand. Founded in 2015, the company has grown into a regional powerhouse with operations in Indonesia, Singapore, the Philippines and Vietnam. RedDoorz is transforming how people travel and live in Southeast Asia by providing an ecosystem of accommodation products backed by distinct brands, world-class technology and local operations expertise. For more information, please visit www.reddoorz.com.

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