RedDoorz, the Southeast Asia’s hotel management and booking platform, announced it has raised US$70 million at first close of a larger Series C funding on Monday.
RedDoorz, a technological platform for hotel management and booking, has systems in place in 100 hotels across six major cities nationwide after one year operation in Viet Nam, said Chief Operating Officer Rishabh Singhi.
Property developers MBLand Holdings and Tonkin Property on Tuesday signed a contract with Pan Pacific Hotels Group for the management of their six-star resort and hotel complex in Quang Nam Province.
Japan-based Daiwa House Industry Co., Ltd. announced on Monday it will spend some $72.4 million to build a large hotel in the northern port city of Hai Phong.