{"id":5328,"date":"2024-09-16T00:00:00","date_gmt":"2024-09-15T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5328"},"modified":"2024-09-12T22:21:54","modified_gmt":"2024-09-12T14:21:54","slug":"daily-markup-1074-reddoorz-leverages-ai-for-growth-aims-to-achieve-target-of-4500-properties-while-staying-on-the-path-to-profitability","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5328","title":{"rendered":"Daily Markup #1074: RedDoorz leverages AI for growth; aims to achieve target of 4,500 properties while staying on the path to profitability"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcaydU5sLWU73YontXzfDDHYOMXqFnQ01X3ih8uLHf8_3J4H4SwqFrNu87T-Jkp8QP3-E0Ruo4mwmBXuGJejzeMX5AbnRrXxfaGoISVDueodnd9VouFIzad58xzBvum10evaN4gfXQfuxJE-9v7wkWtckUG?key=2nlBJUgNtJ0xVORfnMy-1g\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: <a href=\"https:\/\/asia.nikkei.com\/Business\/Travel-Leisure\/RedDoorz-to-focus-on-Indonesian-Philippine-hotels-CEO\">Nikkei Asia<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here to stay<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>500-backed hospitality company <a href=\"https:\/\/www.reddoorz.com\/\">RedDoorz<\/a> has set their sights on expanding up to 4,500 properties by the end of 2024 \u2014 that\u2019s 1.2-1.5x more than 2023!<\/li>\n\n\n\n<li>How does the team plan to achieve that? By leveraging AI for pricing, financial management, and guest service systems.<\/li>\n\n\n\n<li>&#8220;We take advantage of the AI-based dynamic pricing strategy to optimize room rates based on demand, season, and market trends, so that property owners&#8217; income can be maximized,&#8221; shared <a href=\"https:\/\/www.linkedin.com\/in\/mohit-gandas-a799b541\/\">Mohit Gandas<\/a>, Country Director of RedDoorz Indonesia.<\/li>\n\n\n\n<li>The team also expects to secure more quality property partners for their premium brands such as SANS and URBANVIEW, which have grown 1.3-1.5x compared to the previous year.<\/li>\n\n\n\n<li>Founder &amp; CEO <a href=\"https:\/\/www.linkedin.com\/in\/amit-saberwal-05b7233\/\">Amit Saberwal<\/a> revealed that RedDoorz has reached positive cash-flow in Q2 2024, placing them <a href=\"https:\/\/bit.ly\/47ixS2u\">on track to achieve profitability this year<\/a>.<\/li>\n\n\n\n<li>Read the full story <a href=\"https:\/\/bit.ly\/3AT3m38\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Here to stay<\/p>\n","protected":false},"author":5,"featured_media":5329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[375],"class_list":["post-5328","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 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1074: RedDoorz leverages AI for growth; aims to achieve target of 4,500 properties while staying on the path to profitability - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=5328\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #1074: RedDoorz leverages AI for growth; aims to achieve target of 4,500 properties while staying on the path to profitability - Markup\" \/>\n<meta property=\"og:description\" content=\"Here to stay\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=5328\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-15T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T14:21:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/IMG_1144.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5328#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/IMG_1144.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/IMG_1144.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5328#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=5328\",\"name\":\"Daily Markup #1074: RedDoorz leverages AI for growth; 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