Zostel Explained

Zostel
Type:Privately held company
Industry:Hostel
Tourism
Backpacker tourism
Area Served:Indian subcontinent
mainly India and Nepal
Products:Zostel Hostels
Zostel Homes
Zostel Escape
Trusted by Zostel
Location:Gurgaon

Zostel is a network of hostels, and homes in India.[1] [2] It has a presence in 44 cities in India and Nepal.[3]

History

Zostel Hospitality Pvt. Ltd was established in August 2013[4] by seven co-founders,[5] [6] who initiated their venture with the launch of the first Zostel in Jodhpur, Rajasthan on 15 August 2013.[7]

ZO Rooms

In November 2014, the founders launched a new project called ZO Rooms, which aimed to provide budget-friendly hotel accommodations and aggregate hotel rooms.[8] [9] [10] [11] There were reports that ZO Rooms was acquired by rival OYO Rooms,[12] [13] in an all-stock deal in December 2015, which was later denied by OYO.[14]

Zostel offers various accomodation options like Dormitories and Private rooms.https://punenews.org.in/discover-affordable-adventure-embrace-zostel-lonavalas-charm/

References

  1. News: India's first chain of backpacker hostels is attracting some serious money. Sehgal. Kunal. Quartz. 2017-07-08. en-US.
  2. News: IIM, IIT students set up Zostel for backpackers . 2014-02-09. The Hindu Business Line. 2017-07-08. en.
  3. Web site: Zostel: Live it. Now: India's first branded Hostel Chain. www.zostel.com. en. 2017-07-08.
  4. News: IIM, IIT students set up Zostel for backpackers. 2014-02-09. The Hindu Business Line. 2017-07-08. en.
  5. News: IIM-Calcutta students set up backpackers' hostels in Rajasthan. 2014-02-14. www.hindustantimes.com/. 2017-07-08. en.
  6. News: Why these IIM-Calcutta grads do not want placements. NDTV.com. 2017-07-08.
  7. News: Zostel: Passion for travel. Ghoshal. Somak. 2014-09-06. www.livemint.com/. 2017-07-08.
  8. Web site: Business service providers betting big on startups with great deals – The Economic Times. economictimes.indiatimes.com. December 2, 2015.
  9. Web site: Budget hotel room aggregators eye pacts with offline travel agents | Business Line. thehindubusinessline.com. December 2, 2015.
  10. Web site: ZO Rooms has a room 'available' for every traveller | Business Insider India. businessinsider.in. December 2, 2015.
  11. News: Virtues of a large founding team: Why many digital ventures are starting up with many cofounders. Singh. Rajiv. 2015-10-04. The Economic Times. 2017-07-08.
  12. News: The curious case of Oyo's Zo buyout – Times of India. The Times of India. 2017-07-08.
  13. Web site: The Oyo-Zo Rooms Acquisition Deal Is Falling Apart – Inc42 Media. inc42.com. December 17, 2015 . en-US. 2017-07-08.
  14. Web site: The deal that never was: OYO says it didn't acquire rival ZO Rooms after all – Tech Crunch. techcrunch.com. en-US. 2018-05-29.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Zostel".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.