Hotel-booking site RedDoorz expands business to Vietnam

10-Aug-2019 Intellasia | The Saigon Times | 6:02 AM Print This Post

Singaporean hotel-booking site operator RedDoorz has made business expansion in the local market after four years of operating in Singapore, Indonesia and the Philippines.

The budget hotel-booking platform is connected with 1,200 hotels in the four countries and the number of customers is on the rise as the site offers reasonable services for thrifty independent travellers.

According to RedDoorz, Vietnam shows great promise for development. Some 85 million local tourists spend almost 23 percent of their travel budget on accommodations and 18 million foreign tourists spend 33 percent of their budget. In addition, the local hotel market is forecast to grow by 13.2 percent this year, with total revenues reaching over $500 million.

Rishabh Singhi, chief operating officer at RedDoorz, noted that the firm has connected with over 100 hotels in Vietnam’s six cities of HCM City, Hanoi, Danang, Nha Trang, Vung Tau and Da Lat and is set to increase the figure even further by the end of the year.

Property owners who partner with RedDoorz will receive some 80 percent of the revenue channelled through the hotel-booking site. Meanwhile, RedDoorz has committed to ensuring a minimum revenue amount for its partners. RedDoorz will fund hotel partners that fail to reach the pledged minimum turnover.

Rooms booked on the RedDoorz platform in Vietnam will be priced from VND249,000 each per night. Customers can pay with e-wallets including Payoo, MoMo and Zalopay when they make a booking.


Category: Business, Vietnam

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