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Jakarta Post

Start-ups competition in budget hotels heats up

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Sat, August 24 2019   /  01:32 am
Say cheese: Finance Minister Sri Mulyani Indrawati takes a selfie in a ceremony to officiate the third generation state revenue module (MPN G3) in the Finance Ministry in Jakarta on Friday. With the theme Digital State Budget, the ministry has built a system to manage state revenues more accurately and on time.(Antara/Reno Esnir)(MPN G3) in the Finance Ministry in Jakarta on Friday. With the theme Digital State Budget, the ministry has built a system to manage state revenues more accurately and on time.(Antara/Reno Esnir)

Say cheese: Finance Minister Sri Mulyani Indrawati takes a selfie in a ceremony to officiate the third generation state revenue module (MPN G3) in the Finance Ministry in Jakarta on Friday. With the theme Digital State Budget, the ministry has built a system to manage state revenues more accurately and on time.(Antara/Reno Esnir)Following its launch in Indonesia in October of last year, India-based hotel management start-up OYO has claimed it is outpacing Singapore-based rivals RedDoorz and ZEN Rooms, which have been operating for four years, en route to becoming the largest, matured foreign start-up of its kind in the country.As of June, OYO said it had managed 23,000 rooms, much more than the 1,600 rooms managed by ZEN Rooms. RedDoorz declined to reveal the number of rooms it currently manages, though it did announce in late February that it had managed 17,000 rooms.Assuming there was ...