{"id":4537,"date":"2023-10-10T00:00:00","date_gmt":"2023-10-09T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4537"},"modified":"2023-10-09T13:59:11","modified_gmt":"2023-10-09T05:59:11","slug":"reddoorz-turns-to-ai-and-data-analytics-to-give-hotels-owners-in-se-asia-the-competitive-edge-aims-to-grow-network-to-8000-hotels","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4537","title":{"rendered":"Daily Markup #848: RedDoorz turns to AI and data analytics to give hotels owners in SE Asia the competitive edge, aims to grow network to 8,000 hotels"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/NpYKEtOmBYjsxp4_aEGwQVL0kCd6k-RQDrcsh3t5COo_qo5pFR_r7_yNvTd648RfSiByrsi_MAp0vbat8fqmfpSo2wJnBJJIlGHZaHJbhvQLaCklL_0f21jWX3CbS0yP7TLfnm__JtngHgrw842lLfw\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Photo credit: Nikkei Asia<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Opening new doorz<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>With more than 3,200 hotels in its network in Southeast Asia, 500-backed hospitality company <a href=\"https:\/\/www.reddoorz.com\">RedDoorz<\/a> is now eyeing to expand to 8,000 in the next 3-4 years. To achieve this, the team is focusing on the region\u2019s two most populous countries, Indonesia and the Philippines.<\/li>\n\n\n\n<li>In Indonesia, RedDoorz is banking on the increasing number of young travelers in the nation of more than 270 million people, while in the Philippines, Founder &amp; CEO Amit Saberwal sees international tourism picking up thanks to the country\u2019s efforts to transform public transportation.<\/li>\n\n\n\n<li>According to Amit, customers in emerging markets like Indonesia tend to make reservations at the last minute, unlike in developed countries where bookings are many months in advance. This means hotel owners in emerging economies need real-time solutions, such as RedDoorz\u2019s proprietary system, which uses big data to predict demand and set room rates for member hotels. The system picks up demand signals including surges in traffic in real-time, so hotel owners can increase prices. Otherwise, hotels will suffer competitively.<\/li>\n\n\n\n<li>RedDoorz has also invested resources to boost customer loyalty, allowing them to reduce marketing budget and get customers to book directly on RedDoorz\u2019s platform.<\/li>\n\n\n\n<li>Cost optimization and use of artificial intelligence for automation is helping the push for profitability \u2014 Amit revealed that RedDoorz is expected to breakeven by December this year.<\/li>\n\n\n\n<li>RedDoorz is targeting an IPO in 2027, and the team aims to build the largest hospitality company in Southeast Asia.<\/li>\n\n\n\n<li>Read the full interview on <a href=\"https:\/\/bit.ly\/45eMYDy\">Nikkei Asia<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Opening new doorz<\/p>\n","protected":false},"author":5,"featured_media":4538,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[375],"class_list":["post-4537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-reddoorz"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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