Tag: treebo

  • 5 Hotel Features That Matter to Business Travelers

    The article has been published in collaboration with the Treebo Team

    Are you looking for hotels that suit your business travel plan? In this article, we are going to tell you the best features if you are going for business. When traveling for work, it’s essential to be comfortable and have all the facilities you need.

    However, there are a lot of facilities available to you in different kinds of hotels, which can be exhausting to search around them, and if you don’t narrow the amenities down it will charge you a hefty amount just for a night.

    Searching for hotels like hotels near me, you can some great options where you won’t have to suffer with any such problems. However, you need to know what you should look for while finding a hotel for your business travel. Here are five features that business travelers need in their hotel rooms.

    WiFi
    Comfortable Beds
    Desk and Workspace
    Quiet Surroundings
    A Gym or Pool
    Importance of Adding These Features to Your Hotel
    Where to Find Such Hotels?

    WiFi

    An Example- Hotels highlighting the feature of Wi-Fi through their online booking options.
    An Example- Hotels highlighting the feature of Wi-Fi through their online booking options.

    With most hotels providing free WiFi to their guests, it’s easy to stay connected while on the road. The last thing you want is to be disconnected while on an important business call or checking your email.

    Comfortable Beds

    After a long day of meetings or sightseeing, having a comfortable bed is essential to relaxing after a long day. Business travelers should look for hotels that have high-quality mattresses and bed linens to ensure a comfortable night’s sleep.

    Desk and Workspace

    An Example- The hotel Mama Shelter Prague, Czech Republic has a different setting for workspace as shared in the pic
    An Example- The hotel Mama Shelter Prague, Czech Republic has a different setting for workspace as shared in the pic

    After the introduction of the pandemic, working remotely is essential for many business people when traveling, so having a dedicated desk space is essential. Look for a hotel with a desk and chair that is large enough to comfortably fit your laptop and other work equipment.

    Quiet Surroundings

    When you’re traveling for business the last thing you want to do is spend all your time in your room working. Look for a hotel that offers a quiet environment so you can get some rest at the end of the day without feeling like you’re holed up in your room. As per the study conducted and published by fair-point.com, 58% of business travelers search for quiet and comfy surroundings in their hotel.

    A Gym or Pool

    The graph shows the need of a gym by business traveler asper the study done by the source.
    The graph shows the need of a gym by business traveler asper the study done by the source.

    Many business travelers don’t travel for fun so they use their time away from their office to exercise. Look for a hotel that has a gym or pool so that you can stay active while you’re away.


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    Importance of Adding These Features to Your Hotel

    Having these key features in your hotel accommodation can make your business trip much more enjoyable and provide you with everything that you need to relax and enjoy your stay.

    The features of a newly built property are highly sought after by travelers who wish to book a stay at one of the newest and most luxurious properties in their destination of choice.

    These features can include a fitness center with all the latest machines and free weights, an on-site restaurant serving delicious gourmet food, a sleek and spacious lobby, and even an on-site spa where you can treat yourself to a relaxing massage after a long flight or exhausting day spent sightseeing.

    Despite the appeal of these properties, many people are still hesitant to book a stay at one of these new properties for fear that they may be less comfortable than a “traditional” hotel.

    However, this is not true at all! While traditional hotels may have gotten comfortable with offering little more than a bed in the room and a toilet down the hall, the newly built properties are taking it to the next level by providing their guests with the complete package – quite literally.

    When staying at a property that has just been built, you can rest assured that you will be sleeping in luxury and enjoying all the conveniences of modern life right at your fingertips. Furthermore, these features are state-of-the-art, meaning that they will be extremely reliable and efficient throughout your entire stay.

    Where to Find Such Hotels?

    Now mostly you do all your work online. So can be hotel booking. There are a lot of websites in the market that offers hotel booking. One such website is Treebo. Treebo is one of the most trusted websites to book hotels.

    It also offers great discounts, and it provides all the facilities that are promised for a certain hotel. You can even filter down the amenities that you want so that you can get the best deal. To find such great deals, visit Treebo’s website and search for the hotels in the city you want to stay in.

    Conclusion

    At last, we would like to suggest choosing only those amenities which are needed for you. Choosing unnecessary amenities can chase you a hefty amount. However, if you want to experience a new thing then you should go for it. We hope you have a good stay and we hope this article might have helped you.

    FAQs

    What are 4 ways to attract customers?

    The most common yet appreciable ways to attract customers are opening a travel blog, offering promotions and discounts, advertising about the highlights, and providing excellent customer service.

    What do leisure travelers want in hotels?

    Leisure travelers mainly look for a comfortable bed and a clean environment, Apart from that they might also be interested in having sports and gaming facilities in the hotel with a good staff that can eventually increase their overall satisfaction rate.

    What are the important features of a good hotel?

    The important feature of a good hotel is a long list that fully covers the visit of a customer to the hotel. It starts from a simple and hassle-free booking to the checkout of the customer with no bad impression due to hotel staff. It involves features like knowledgeable staff, excellent food and beverages, good customer support, excellent on-site service, and many other similar things.

    What do travelers look for in a hotel?

    Some of the points that a traveler looks for in a hotel are a good location, free wifi, 24-hour assistance, onsite dining options, business-related facilities, multiple areas, etc.

  • Business Model of Treebo Hotels | How Does Treebo Hotels make money

    Treebo Hotels are well known for their tremendous facilities and services for its customers. With the advancing hotel budget network in India, Treebo Hotels are quite high on the list, closing a total of $34 million series in the C round.

    And it’s estimated that by 2021, Treebo Hotels will lay in more profit than ever. Treebo Hotels are backed by some very prominent investors SAIF Partners and Matrix India Partners.

    Treebo Hotels has experienced many ups and downs throughout the last four years which resulted in many lay-offs and fortunes plummet. Meanwhile, there was certain news in the market that Treebo Hotels are in acquisition deals with the Gurugram based Unicorn Oyo. That’s why Treebo Hotels spent around one year building a strong upholding strategy for the market that could bring the company back to its previous status and more.

    The strong deed that came out was reducing the cash burn and certain liabilities along with bold strategies for improving revenue sources. In this article, we have discussed the business model of Treebo Hotels, briefly. Let’s get started!

    About Treebo Hotels
    Where does Treebo Hotels operate?
    Key Services of Treebo Hotels
    Target Audience of Treebo Hotels
    Business Model of Treebo Hotels
    What’s Unique about the Business Model of Treebo Hotels?
    How does Treebo Hotels make money?
    FAQ

    About Treebo Hotels

    Treebo Hotels is a prominent digital hotel chain developed by IIT Roorkee graduates Sidharth Gupta, Rahul Chaudhary and Kadam Jeet Singh. Treebo Hotels aims for providing top-notch quality hospitality in a stated budget segment.

    The company focuses on the budget hotel sector by opting for a new well-organized hotel and taking that under the Franchise of Treebo Hotels. These become an official part of Treebo Hotel chains.

    The biggest competitors of Treebo Hotels are Oyo Rooms, ClearTrip, Fabhotels and MakeMyTrip.

    Treebo Hotels entirely manage all the aspects of hotels through advanced technology and look for the best revenue management and enhance the quality. With the growing hospitality industry in India, the customers get total facilities and can easily book any hotel under Treebo Hotels or Oyo with a minimum charge of Rs. 3,000 to Rs. 5,000. This offers the customers total hostel facilities without any interceptions.

    Where does Treebo Hotels operate?

    Treebo Hotels is a major part of India’s budget hotel chain that took over other hotels through Franchising.

    With the latest data of 2020, Treebo Hotels has established its chain of hotels in over 113 cities with around 600 hotels across India.

    Key Services of Treebo Hotels

    It often becomes very tough in finding the right suitable hotel with fresh toiletries, clean rooms and affordable basic breakfast service. A middle-class always suffers in finding this at a reasonable price. And that’s where Treebo Hotels comes in.

    Treebo Hotels provide great customer services and manage the basic requirements of the customers at their convenience. It provides exclusive hotel choices at very reasonable prices and with covering all aspects of the requirements.

    Target Audience of Treebo Hotels

    Treebo Hotels compete with the biggest hotel services of Oyo Room and FabHotels. Oyo is backed by SoftBank while FabHotels is backed by Goldman Sachs and these hotel services are extensively popular.

    On this note, Treebo Hotels in its mid-to-premium segment targets corporate customers and especially middle-class customers.

    Business Model of Treebo Hotels

    Treebo Hotels believes in branding rather than aggregating a marketplace. Their business model is franchise based. Treebo Hotels looks for the most suited hotel with good service and keeps up the standard of their brand. They communicate with the owners and offer great customer acquisition channels, branding, management software and many more.

    It charges around 40% of total revenue per cent from each hotel, which is quite high.

    Treebo Hotels works through the mid-segment hotel industry and for that, a strong complete business model which holds the operational capabilities has become quite a necessity.

    Treebo Hotels is looking for all aspects that can be covered in order to build a strong market upholding. And in the upcoming years, it is expected to grow more extensively.

    What’s Unique about the Business Model of Treebo Hotels?

    With most of the successful hotel services companies, look for a few hotels and sell them online. This makes them no different from MakeMyTrip or any other travelling company. However, Treebo Hotels offers the entire hotel services while covering all aspects of the requirements.

    Customers often get upset or angry with the poor services by many hotels. But, Treebo Hotels offers great customer service and experiences.

    Treebo Hotels is a Hotel Brand, not an aggregator and that’s why it is known to be the largest budget hotel chain across India. Treebo Hotels offers different locations in different cities at some very reasonable prices.

    Good hospitality is very necessary for greeting the customers. And India greetings are more important than anything. Treebo Hotels offers such hospitality in their hotels.

    How does Treebo Hotels make money?

    In the past few years, Treebo Hotels experienced some major losses up to Rs. 114. 94 crore. That’s why from next year, 2018, Treebo Hotels increased its cash burn by 80 per cent and doubled the revenue growth. Treebo Hotels is now focusing on the immense profit deals by 2021.

    Treebo Hotels operates the franchise model that’s why its major source of revenue is the hotels that come under the Treebo brand.

    In the last funding round of Treebo Hotels, it raised around $23 million which includes the $17 million series B.

    Treebo Hotels charges around the range of INR 1,000-3,000 per night with the best facilities of clean linen, free WiFi, bedding and other things. The annual revenue of Treebo Hotels as of 2019 is USD 11.7 million.

    Conclusion

    In the hyper-competitive market, Treebo Hotels are building their strong upholding. However, it experienced a major loss in past years but now, with advancing technology and services Treebo Hotels are stabilising their position.

    Developing a strong technical on-ground operation is very important in this sector to bring consistent experience for the customers. This is known as the capital intensive business which requires funding and great effort to establish. And Treebo Hotel is quite prominent among the members of India’s rising budget hotel networks. Stay tuned for more updates!

    FAQ

    Who is the founder of Treebo?

    Treebo Hotels is a budget hotel chain founded by Sidharth Gupta, Rahul Chaudhary, Kadam Jeet Jain in 2015.

    What is the revenue of Treebo Hotels?

    The estimated revenue of Treebo Hotels is $9.7 million as of 2020.

    When was Treebo founded?

    Treebo hotels was founded in 2015 by Sidharth Gupta, Rahul Chaudhary, Kadam Jeet Jain.