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

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

RedDoorz founder and CEO Amit Saberwal. Picture credit: RedDoorz

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.