Zen Rooms, Rocket Internet’s budget hotel network in Asia, faces fire sale or closure

 Zen Rooms, a budget hotel network funded by Rocket Internet among others, is facing shutdown if investors are unable to sell the loss-making business. The two-year-old company offers a network of affordable hotels in 50 cities across Southeast Asia that are designed as a happy medium between affordable guesthouses, which are typically not organized and hard to book online, and more… Read More

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