Budget Hotel
Tinggal pivots to online managed services for budget hotels
Company is now finding its groove with a new business model that goes beyond promoting budget hotel rooms.
Nida Rooms secures US$4.2mil equity investment
Global Rooms Ltd, which owns and operates the Nida Rooms hotel reservation system, announced it has secured equity investment of US$4.2 million, led by venture capital firms Convergence Ventures and CyberAgent Ventures.
Nida Rooms zeroes in on funding for expansion
Malaysian-based virtual hotel operator Nida Rooms is looking to expand to more countries in South-East Asia and even as far afield as Latin America by the end of the year.
Rocket Internet launches budget hotel network ZenRooms in SEA
APACIG, a joint venture between Germany’s Rocket Internet and Qatar’s Ooredoo, has announced the official launch of the budget hotel network ZenRooms in South-East Asia.
