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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
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

Business keywords: 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 $70.00M 1
Goldman Sachs
27 Sep 2016
Private Equity Round $12.35M 1
East Pacific Capital
11 Jul 2012

Red Planet Hotels Alternatives & Competitors

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Red Planet Hotels vs
Sonesta Hotels
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Red Planet Hotels vs
RedDoorz
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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 Hospitality and Travel and Tourism. Its work centres on budget hotel, Asia travel market, hospitality industry and technology platform.
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 Sonesta Hotels, RedDoorz, Smokey Bones, Plateno Group, Kasa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Red Planet Hotels and Sonesta Hotels 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.

Source: BounceWatch company record for Red Planet Hotels, https://bouncewatch.com/company/red-planet-hotels, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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