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Zostel appoints Aviral Gupta as CEO, cofounder Chouhan becomes ChairmanZostel has announced a leadership change, appointing Aviral Gupta as the new CEO, replacing cofounder Dharamveer Singh Chouhan, who becomes...- Younger travellers ditching tourist hubs for low-key spotsGen Z in India is revolutionizing domestic tourism by favoring authentic, affordable, and offbeat experiences. They seek hidden and lesser-...
- Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
- Oyo IPO may leave early investors earning returns of up to 770%Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...
- Travellers from India's major metros 'escape' for a breath of clean airEaseMyTrip has seen a jump in bookings from Delhi and Mumbai for hill stations such as Ooty and Manali amongst others. Ixigo said owing to ...
- Oyo hits back at Zostel, says no restriction imposed on the company from changing its shareholding pattern, no stay granted by Delhi HC on proposed offerIn its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...
- Oyo refutes allegations by ZostelThe DRHP is replete with material omissions and blatant misstatements, intended to mislead the public to invest in Oravel's shares without ...
- The rise of startup advisors and micro ecommerce sitesHomegrown startups such as Zoomcar and Wakefit.co are hiring top talent from India and around the world to help them unlock the next level ...
- Zostel bets big on domestic travel, set to open five hundred new properties in two yearsZostel currently has 60 properties which are a mix of hostels and homestays. The company is also raising a Rs 10 crore round from the marke...
- Nearly 32% of Indians willing to travel after 2020, 36% after 3 months: Zostel’s Travel Survey 2020According to the survey, 54.8% travellers are willing to travel solo, 23.2% want to travel in a group and 21.9% want to travel as couples. ...
- Zostel unveils new staycation and workcation packagesThe company said it has ensured all its hospitality sites offering packages strictly comply with the mandatory health and safety precaution...
- Roadhouse Hostels bags angel round from Indian Angel NetworkThe chain has a presence in Goa and Jaipur and will be adding Dharamshala to its list of properties. It was recently acquired by Softbank-b...
- It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
- Startup Zostel offers affordable accommodation facilities to travelersZostel, which hosted over 20,000 backpackers last year, received Rs 5 crore funding from Malaysia-based angel investor Presha Paragash in M...
- Zostel Hospitality to open 14 branded hostels by year endOnline budget accommodation aggregator Zostel Hospitality is planning to launch 14 more branded hostels for backpackers by end of the year.
- Hospitality professionals shift loyality to startupsSeveral hospitality professionals are marching out from premium hotels to a bevy of budget hotel startups that are mushrooming across the c...
- Tech startups plan to secure key intellectual property rightsCompanies in sectors ranging from enterprise software to gaming and app developers, e-commerce marketplaces and on-demand delivery services.
- How start-ups like Zostel, OYO Rooms are redefining the travel industryFrom building a network of cobranded hotel properties to curating budget hotels, homestays and hostels, some technology startups are redefi...
- How young companies are redefining industry for hotels and travellersFrom building a network of cobranded hotel properties across the country to curating budget hotels, homestays and hostels, a handful of tec...
- Backpacker hostel chain Zostel to launch startup incubation programmeBackpacker hostel chain will give out seed funding of up to Rs 10 lakh. Entrepreneurs will have freedom to customise, including hostel name.
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