Red Planet Hotels logo — Your Favorite Budget Hotels

Red Planet Hotels

Your Favorite Budget Hotels

Founded 2010 Philippines Philippines 369 employees Private Equity Total: $82.35M Hospitality, Travel and Tourism

General Information

Company Name Red Planet Hotels
Founded Year 2010
Location Philippines Philippines +1
Employees 369
Industries Hospitality, Travel and Tourism
Funding Stage Private Equity
Social

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About Red Planet Hotels

Red Planet Hotels is a privately-owned regional hotel group that has been disrupting Asia's budget hotel sector since its establishment in 2010. The company currently operates 13 hotels in the Philippines and 5 hotels in Thailand, leveraging its robust and scalable technology platform to enhance customer experience. Through advanced reservation software and local attraction guides, Red Planet Hotels prioritizes efficiency and convenience. The chain prides itself on offering stylish budget accommodations at centrally located properties, all equipped with high-speed Wi-Fi. Notably, the company secured a significant $70.00MPrivate Equity Round investment from Goldman Sachs on 27 September 2016, underscoring its potential for growth and the confidence it has garnered from reputable investors.

For more information, please visit: www.redplanethotels.com

Check our career opportunities here: https://corporate.redplanethotels.com/careers

Taxonomy: budget hotel, Asia travel market, hospitality industry, technology platform, central location, high-speed Wi-Fi, efficient booking process, local attractions, value hotel experience, all-inclusive rates, comfortable stay, regional hotel group, fast growing travel market, private ownership, stylish budget hotel offering

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
27 Sep 2016
Private Equity Round •••••• 1 •••• •••• 11 Jul 2012

Red Planet Hotels Alternatives & Competitors

Red Planet Hotels vs
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Red Planet Hotels vs

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Red Planet Hotels vs

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FAQ About Red Planet Hotels

Your Favorite Budget Hotels
Red Planet Hotels was founded in 2010.
Red Planet Hotels is headquartered in Philippines.
Red Planet Hotels operates in the following industries: Hospitality, Travel and Tourism.
Red Planet Hotels has approximately 369 employees.
Red Planet Hotels has completed 2 funding rounds, raising a total of $82.35M. The latest funding stage is Private Equity.
Top alternatives and competitors to Red Planet Hotels include Hotels.ng, Lemon Tree Hotels, Kukreja Group Hotels, Eghamat24.com | اقامت24, AnyTripForU. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Red Planet Hotels and Hotels.ng are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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