Think Hotel is boring and everything’s been done before?
Think again.
If you’re in the Hotel industry or are interested in starting a company in this space, this article dives into 18 of the hottest fast-growing Hotel startups.
Top 18 Hotel Startups in 2023
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1,190 Unicorns
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Snapcommerce is a shopping website that connects budget-conscious shoppers with the best offers on the market.
Details of the startup:
- Country: Canada
- State: Ontario
- City: Toronto
- Started in: 2016
- Founders: Henry Shi, Hussein Fazal
- Number of employees: 51-100
- Funding: $101,400,000
- Funding rounds: 5
- Number of investors: 17 (Bee Partners, NEXT Canada, Acrew Capital, Inovia Capital, Telstra Ventures)
You can find their website here.
2) SiteMinder
The largest open hotel commerce platform in the world
Details of the startup:
- Country: Australia
- State: New South Wales
- City: Sydney
- Started in: 2006
- Founders: Mike Ford, Mike Rogers
- Number of employees: 501-1000
- Funding: $105,296,009
- Funding rounds: 4
- Number of investors: 7 (BlackRock, TCV, Ellerston Capital, AustralianSuper, Bailador)
You can find their website here.
3) Yanolja
The No. 1 OTA in South Korea and Asia's fastest-growing travel startup
Details of the startup:
- Country: South Korea
- State: Seoul-t'ukpyolsi
- City: Seoul
- Started in: 2005
- Founders: Lee Sujin
- Number of employees: 1001-5000
- Funding: $248,500,000
- Funding rounds: 3
- Number of investors: 4 (GIC, Booking Holdings, Partners Investment, Sky Lake Investment)
You can find their website here.
4) Limehome
Limehome transforms commercial buildings into chic apart-hotels that are managed through their technology platform for business and leisure tourists.
Details of the startup:
- Country: Germany
- State: Bayern
- City: Munich
- Started in: 2018
- Founders: Josef Vollmayr, Lars Stabe
- Number of employees: 51-100
- Funding: € 36,000,000
- Funding rounds: 3
- Number of investors: 4 (HV Capital, Lakestar, Picus Capital, Global Growth Capital)
You can find their website here.
5) ZEN Rooms
ZEN Rooms is an Asian network of high-quality affordable hotels.
Details of the startup:
- Country: Singapore
- State: Central Region
- City: Singapore
- Started in: 2015
- Founders: Kiren Tanna, Nathan Boublil
- Number of employees: 251-500
- Funding: $23,000,000
- Funding rounds: 4
- Number of investors: 8 (Rocket Internet, Yanolja, Ooredoo Group, Access Ventures, Redbadge Pacific)
You can find their website here.
6) Ayenda Hotels
The most rapidly expanding cheap hotel chain.
Details of the startup:
- Country: Colombia
- State: Antioquia
- City: Medellín
- Started in: 2015
- Founders: Andrés Sarrazola
- Number of employees: 101-250
- Funding: $10,000,000
- Funding rounds: 2
- Number of investors: 7 (SoftBank, 500 Startups, Kaszek, K50 Ventures, Irelandia Aviation)
You can find their website here.
7) Go2Joy
Go2Joy is a mobile O2O platform in Vietnam that connects local hotels and local hotel users.
Details of the startup:
- Country: Vietnam
- State: NA - Vietnam
- City: Ho Chi Minh City
- Started in: 2016
- Founders: Simon Byun
- Number of employees: 11-50
- Funding: $6,100,000
- Funding rounds: 3
- Number of investors: 5 (KB Investment, STIC Ventures, Platform Partners Asset Management, SV Investment Corp, HB Investment Inc.)
You can find their website here.
8) SensorFlow
Smart energy-efficient hotels are now a reality thanks to Sensorflow.
Details of the startup:
- Country: Singapore
- State: Central Region
- City: Singapore
- Started in: 2016
- Founders: Saikrishnan Ranganathan
- Number of employees: 1-10
- Funding: $3,271,623
- Funding rounds: 4
- Number of investors: 11 (Entrepreneur First, Playfair Capital, Openspace Ventures, SGInnovate, SparkLabs Global Ventures)
You can find their website here.
9) Unclezam Holding Berhad
Unclezam Holding Berhad is a Malaysian investment holding company specializing on Halal and Syariah products and services.
Details of the startup:
- Country: Malaysia
- State: Kuala Lumpur
- City: Kuala Lumpur
- Started in: 2017
- Founders: Norizam Tukiman
- Number of employees: 51-100
- Funding: $3,505,387
- Funding rounds: 4
- Number of investors: 2 (MRI VC Berhad, Zamsaham Private Client)
You can find their website here.
10) Treebo Hotels
Treebo is India's first tech-enabled, asset-light, low-cost lodging brand.
Details of the startup:
- Country: India
- State: Karnataka
- City: Bengaluru
- Started in: 2015
- Founders: Kadam Jeet Jain, Rahul Chaudhary, Sidharth Gupta
- Number of employees: 501-1000
- Funding: $69,174,397
- Funding rounds: 9
- Number of investors: 16 (InnoVen Capital, SAIF Partners, Matrix Partners India, Vijay Shekhar Sharma, Ward Ferry Management)
You can find their website here.
11) Fabhotels
Fabhotels is an online hotel room aggregator. Its goal is to provide standardized services at a low cost.
Details of the startup:
- Country: India
- State: Haryana
- City: Gurgaon
- Started in: 2015
- Founders: Adarsh Manpuria, Vaibhav Aggarwal
- Number of employees: 51-100
- Funding: $48,598,636
- Funding rounds: 7
- Number of investors: 9 (Goldman Sachs, Qualcomm Ventures, Accel, Qualcomm, InnoVen Capital)
You can find their website here.
12) OYO
OYO is a hotel chain with a branded network of hotels that provide uniform guest experiences.
Details of the startup:
- Country: India
- State: Haryana
- City: Gurgaon
- Started in: 2012
- Founders: Ritesh Agarwal
- Number of employees: 10001+
- Funding: $3,439,351,106
- Funding rounds: 17
- Number of investors: 23 (SoftBank, SoftBank Vision Fund, Sequoia Capital India, Didi, Airbnb)
You can find their website here.
13) Bloom Hotels
Bloom Hotels is a hospitality company that owns and operates a series of hotels and restaurants.
Details of the startup:
- Country: India
- State: Delhi
- City: New Delhi
- Started in: 2006
- Number of employees: 101-250
- Funding: ₹1,100,000,000
- Funding rounds: 1
- Number of investors: 2 (CX Partners, Samena Capital)
You can find their website here.
14) Vista Rooms
Vista Rooms is the largest premium vacation rental management firm in South Asia. We've set out on a mission to create a "Marriott for Homes."
Details of the startup:
- Country: India
- State: Maharashtra
- City: Mumbai
- Started in: 2015
- Founders: Amit Damani, Ankita Sheth, Pranav Maheshwari
- Number of employees: 101-250
- Funding: $2,106,765
- Funding rounds: 2
- Number of investors: 5 (DSG Consumer Partners, Singapore Angel Network, Anand Ladsariya, Artha India Ventures, CA Holdings)
You can find their website here.
15) CCAvenue
CCAvenue, ResAvenue, EventAvenue, and HotelsAvenue are all Avenues solutions that were conceived and developed solely for Avenues.
Details of the startup:
- Country: India
- State: Maharashtra
- City: Mumbai
- Started in: 2000
- Founders: Vishwas Patel
- Number of employees: 44470
- Funding: $9,000,000
- Funding rounds: 1
- Number of investors: 1 (Infibeam)
You can find their website here.
16) Xbed
Xbed offers self-service hotel rooms without the need for a service staff.
Details of the startup:
- Country: China
- State: Guangdong
- City: Guangzhou
- Started in: 2015
- Founders: Chuntian Li
- Number of employees: 51-100
- Funding: $23,000,000
- Funding rounds: 3
- Number of investors: 4 (Gobi Partners, QF Capital, Qingsong Fund, Gui'An New District Digital Economy Industry Fund)
You can find their website here.
17) Candao
Candao is a company that provides catering services.
Details of the startup:
- Country: China
- State: Guangdong
- City: Guangzhou
- Started in: 2014
- Founders: Zhenhong Li
- Number of employees: 51-100
- Funding: CN¥100,000,000
- Funding rounds: 1
- Number of investors: 4 (Gaw Capital Partners, Magic Capital, Beyond Ventures, Hongkong Innovation and Technology Fund)
You can find their website here.
18) Collective Retreats
Collective Retreats' signature asset light retreats provide luxury holiday experiences in unexpected locations.
Details of the startup:
- Country: United States
- State: Colorado
- City: Denver
- Started in: 2015
- Founders: Cristina DeVito, Peter Mack
- Number of employees: 11-50
- Funding: $41,309,997
- Funding rounds: 6
- Number of investors: 9 (First Round Capital, BoxGroup, Slow Ventures, Revolution’s Rise of the Rest Seed Fund, Fireside Ventures)
You can find their website here.
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