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(Redirected from ZO Rooms) Indian Hospitality company

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Zostel
Company typePrivately held company
IndustryHostel
Tourism
Backpacker tourism
Founded2013; 12 years ago (2013)
HeadquartersGurgaon
Area servedIndian subcontinent; mainly India and Nepal
ProductsZostel Hostels
Zostel Homes
Zostel Escape
Trusted by Zostel
Websitewww.zostel.com

Zostel is a hostel chain with over 60 locations across India and Nepal

History

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

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. There were reports that ZO Rooms was acquired by rival OYO Rooms, in an all-stock deal in December 2015, which was later denied by OYO.

Zostel offers various accommodation options such as dormitories and private rooms.

References

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