Beating the pandemic blues, SG travel startup RedDoorz looks to break even in core markets by Oct

Circa 2019. Hotel-booking startup RedDoorz had just raised $70 million in a Series C funding round in July, less than five months after closing its $45-million Series B round. The company was growing 4-5 times year-on-year in occupied room nights, with occupancy levels averaging 65-70% across some 1,500 hotels in Southeast Asia.