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BACKPACKER HOSTEL
ETtech Deals Digest: Startups raise $46 million this week, down 66% on-yearStartups raised around $46 million in the week to 17 February, down 66% from the $135 million secured during the same period last year, acc...
The Hosteller raises Rs 150 crore led by PROMAFT Partners in Series B fundingThe Hosteller has raised ₹150 crore in a Series B funding round led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth...
Moustache Group of Hotels rebrands, eyes 100 properties by 2030Jaipur-headquartered Moustache Group of Hotels on Monday announced its rebranding, aiming to operate 100 more properties by 2030.
Zostel forays overseas with launch in Phuket, ThailandBackpacker hostel brand Zostel has launched its 100th property in Phuket, Thailand. This marks the company's first international venture. Z...
Backpacker hostel chain The Hosteller raises Rs 48 crore led by V3 VenturesFounded in 2014, it plans to expand from 2,500 to 10,000 beds across India within 18 months, focusing on property expansion and customer ac...
ETtech Deals Digest: Startup funding rises 52% on year to $220 million this weekThis week, startups raised funding through 12 rounds compared to 29 in the year-ago period, when they raised a total of $145 million, accor...
A backpacker hostel chain, The Hosteller raises $4 million from V3 Ventures, othersThe funds will be used for expansion, with the company planning to grow its presence to more than 150 locations across India over the next ...
For travellers these startup hostels offer home-stay experience with like-minded peopleThese hostels provide facilities like free internet, tea and coffee, a fully equipped community kitchen, washing machine and a clean bed to...
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.
New to Bengaluru? Co-living will helpTravellers and new arrivals in Bengaluru are checking into some hip, cost-effective and fun hostels.
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.
Budget hotel aggregator Zo Room’s parent Zostel expands its hostel chain internationallyBackpacking chain Zostel has launched its first international hostel in Vietnam as the company looks to build a global presence
Vedanta Wake Up plans 100 hotels, eyes Rs 50 crore in venture capital fundingVedanta Wake Up provides affordable accommodation to those young backpacking visitors mainly travelling below a budget of Rs 1,600.
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.
Travel startups Zostel, Trip Factory, Oravel clone global businesses to suit tourist interestsThe startups are cloning biz models of successful int'l travel ventures like Expedia, TripAdvisor etc. to suit the business conditions in I...
Backpacker hostel chain Zostel raises Rs 5 crore from angel investmentZostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel inv...
- Feeble dollar sends Americans to European hostels
The tumbling US dollar is forcing a new experience on many Americans traveling through Europe: a stay in a youth hostel.