ZEN Rooms (“ZEN”, “Company”), one of the leading economy and mid-range hotel franchises in Southeast Asia, today announced it had signed a definitive agreement with travel group Yanolja regarding additional investment, acquisition of early investors’ stakes and the signing of a wide strategic alliance. Yanolja is the leading travel group in South Korea, backed by Booking Holdings and GIC, among others. Yanolja was the lead strategic investor in the company’s US$15M funding round in 2018, with rights to invest further. Early investor Asia Internet Holdings (Joint Venture of Rocket Internet and Ooredoo Telecom) has agreed to exit its stake to Yanolja. RedBadge Pacific and SBI Korea remain investors, and Access Ventures join as co-investors.
Monday, October 21, 2019
Korea’s Billion-Dollar Travel Group Yanolja Doubles Down on ZEN Rooms to Create Future of Hospitality in Southeast Asia
ZEN Rooms (“ZEN”, “Company”), one of the leading economy and mid-range hotel franchises in Southeast Asia, today announced it had signed a definitive agreement with travel group Yanolja regarding additional investment, acquisition of early investors’ stakes and the signing of a wide strategic alliance. Yanolja is the leading travel group in South Korea, backed by Booking Holdings and GIC, among others. Yanolja was the lead strategic investor in the company’s US$15M funding round in 2018, with rights to invest further. Early investor Asia Internet Holdings (Joint Venture of Rocket Internet and Ooredoo Telecom) has agreed to exit its stake to Yanolja. RedBadge Pacific and SBI Korea remain investors, and Access Ventures join as co-investors.
Monday, September 30, 2019
Stay with the Yass Queens with this Exclusive Giveaway by ZEN Rooms!
Always wanted to stay with the beauty queens? Well, now you can! ZEN Rooms, the official hotel partner of Miss Asia Pacific International is running an Ultimate Giveaway for all you fun people and what that means is that one lucky winner will get to stay with the top contestants at ZEN Premium Selah Garden for 3D 2N and also see them take the crown with his/her FREE two tickets to the Grand Coronation Night. Plus... a total of 10 winners will also get an invite each to the Exclusive Pool Party with the contestants.
Monday, September 9, 2019
ZEN Rooms and Selah Hotels Announced as Newest Hotel Partners of Miss Asia Pacific International 2019
ZEN Rooms, Asia’s leading hotel chain, together with one of its partner hotels in the Philippines, Selah Garden signed off a partnership to host this year’s candidates of the Miss Asia Pacific International.
Friday, September 6, 2019
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