imported>Adamsamuelwilson at 04:42, 17 August 2021

2021-08-17T04:42:57Z

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{{Use American English|date=July 2015}}
{{Use mdy dates|date=July 2015}}
{{Advert|date=May 2018}}
{{Infobox company
| name = Zostel
| logo = File:ZOSTEL LOGO PNG (1).png
| logo_size = 150px
| type = [[Privately held company]]
| industry = [[Hostel]] [[Tourism]] [[Backpacker tourism]]
| founders = Akhil Malik Dharmveer Singh Chouhan Paavan Nanda Tarun Tiwari Chetan Singh Chauhan Siddharth Janghu Abhishek Bhutra
| num_locations = 44 (2020)
| area_served = [[Indian subcontinent]]; mainly [[India]] and [[Nepal]]
| key_people = {{Unbulleted list|[[Dharamveer Singh Chouhan]] ([[Chief Executive Officer]])|[[Aviral Gupta]] ([[Chief Strategy Officer]])|[[Chetan Singh Chahuhan]] ([[Chief Operating Officer]])}}
| products = Zostel Hostels Zostel Homes Zostel Escape Trusted by Zostel
| foundation = {{Start date and age|2013}}
| location = Zostel HQ, 4th Floor, The Circle Work, Huda City Centre, [[Gurgaon]], India
| homepage = {{URL|https://www.zostel.com/}}
}}
'''Zostel''' (stylized '''ZOSTEL)''' is one of the largest and oldest networks of [[hostel]]s and homes in [[India]].<ref>{{Cite news | url=https://qz.com/429075/indias-first-chain-of-backpacker-hostels-is-attracting-some-serious-money/|title=India’s first chain of backpacker hostels is attracting some serious money|last=Sehgal|first=Kunal|work=Quartz|access-date=2017-07-08|language=en-US}}</ref><ref>{{Cite news |url=http://www.thehindubusinessline.com/on-campus/iim-iit-students-set-up-zostel-for-backpackers/article5670685.ece| title=IIM, IIT students set up Zostel for backpackers |date=2014-02-09| work=The Hindu Business Line|access-date=2017-07-08|language=en}}</ref> It has presence in 44 cities in India and [[Nepal]].<ref>{{Cite web|url=http://www.zostel.com/ |title=Zostel: Live it. Now: India's first branded Hostel Chain|website=www.zostel.com|language=en|access-date=2017-07-08}}</ref>

== History ==
Zostel Hospitality Pvt. Ltd was established in August 2013,<ref>{{Cite news|url=http://www.thehindubusinessline.com/on-campus/iim-iit-students-set-up-zostel-for-backpackers/article5670685.ece|title=IIM, IIT students set up Zostel for backpackers|last=Bureau|first=Our|date=2014-02-09|work=The Hindu Business Line|access-date=2017-07-08|language=en}}</ref> by seven co-founders Akhil Malik, Dharmveer Singh Chouhan, Paavan Nanda & Tarun Tiwari alumni of [[Indian Institute of Management Calcutta]], Chetan Singh Chauhan and Abhishek Bhutra alumni of [[Indian Institute of Technology, BHU]] and Siddharth Janghu alumnus of [[Management Development Institute|MDI Gurgaon]].<ref>{{Cite news|url=http://www.hindustantimes.com/jaipur/iim-calcutta-students-set-up-backpackers-hostels-in-rajasthan/story-4vxbStEKMzgF7hHIAsyQ4O.html|title=IIM-Calcutta students set up backpackers' hostels in Rajasthan|date=2014-02-14|work=www.hindustantimes.com/|access-date=2017-07-08|language=en}}</ref><ref>{{Cite news|url=http://www.ndtv.com/india-news/why-these-iim-calcutta-grads-do-not-want-placements-552129|title=Why these IIM-Calcutta grads do not want placements|work=NDTV.com|access-date=2017-07-08}}</ref> Having started the first Zostel in [[Jodhpur]], Rajasthan on 15 August 2013,<ref>{{Cite news|url=http://www.livemint.com/Leisure/nMBw0ya0cmndw6qw61p3UO/Zostel-Passion-for-travel.html|title=Zostel: Passion for travel|last=Ghoshal|first=Somak|date=2014-09-06|work=www.livemint.com/|access-date=2017-07-08}}</ref> the founders started off by winning 14 back to back business plan competitions across the world including [[Wharton India Economic Forum|WIEF]], [[Ivey Business School|Richard Ivey]] and Eureka at [[Indian Institute of Technology Bombay|IIT Bombay]].<ref>{{Cite news|url=http://indianexpress.com/article/good-news/zostel-make-your-trip-affordable-with-indias-first-backpackers-hostel/|title=Zostel: Make your trip affordable with India’s first backpackers’ hostel|date=2015-05-27|work=The Indian Express|access-date=2017-07-08|language=en-US}}</ref>

In 2015, Zostel made its proprietary data public to further develop the Indian backpacker market with the launch of its Entrepreneurship Development Program(EDP) allowing people to open their own hostels under the Zostel Brand as a franchisee.

===ZO Rooms===
The founders of Zostel further dived into a new project known as [[ZO Rooms]] in November 2014, which was a low-budget, technology-driven hotel chain.<ref>{{Cite news|url=http://economictimes.indiatimes.com/small-biz/startups/virtues-of-a-large-founding-team-why-many-digital-ventures-are-starting-up-with-many-cofounders/articleshow/49210060.cms|title=Virtues of a large founding team: Why many digital ventures are starting up with many cofounders|last=Singh|first=Rajiv|date=2015-10-04|work=The Economic Times|access-date=2017-07-08}}</ref> There were reports that ZO Rooms was acquired by rival [[OYO Rooms]],<ref>{{Cite news|url=http://timesofindia.indiatimes.com/business/india-business/The-curious-case-of-Oyos-Zo-buyout/articleshow/51283342.cms|title=The curious case of Oyo’s Zo buyout – Times of India|work=The Times of India|access-date=2017-07-08}}</ref><ref>{{Cite web|url=https://inc42.com/buzz/oyo-zo-rooms-acquisition-deal-falling-apart/|title=The Oyo-Zo Rooms Acquisition Deal Is Falling Apart – Inc42 Media|website=inc42.com|language=en-US|access-date=2017-07-08}}</ref> in an all-stock deal in December 2015, which was later denied by OYO.<ref>{{Cite web|url=https://techcrunch.com/2017/10/26/oyo-zo-rooms-deal/|title=
The deal that never was: OYO says it didn’t acquire rival ZO Rooms after all – Tech Crunch|website=techcrunch.com|language=en-US|access-date=2018-05-29}}</ref> Towards the end of 2015, ZO Rooms operated more than 750 hotels across 51 cities in India.

==Locations==
Zostel operates 35 hostels in India and 2 hostels in Nepal:
{| class="wikitable"
|-
!colspan=2|[[India]]
!colspan=2|[[Nepal]]
|-
| style="vertical-align:top; font-size:smaller;"|
*[[Agra]]
*[[Alappuzha|Alappuzha (Alleppy)]]
*[[Aurangabad, Maharashtra|Aurangabad]]
*[[Bangalore]]
*[[Bir, Himachal Pradesh|Bir]]
*[[Chennai|Chennai (Madras)]]
*[[Chikmagalur]]
*[[Chitkul]]
*[[Kodagu district|Coorg (Kodagu)]]
*[[New Delhi|Delhi (New)]]
*[[South Delhi|Delhi (South)]]
*[[Dalhousie, India|Dalhousie]]
*[[Dharamkot, Himachal Pradesh|Dharamkot]]
*[[Gokarna, Karnataka|Gokarna]]
*[[Jaipur]]
*[[Jaisalmer]]
*[[Jodhpur]]
| style="vertical-align:top; font-size:smaller;"|
*[[Kochi|Kochi (Cochin)]]
*[[Kodaikanal]]
*[[Leh]]
*[[Manali, Himachal Pradesh|Manali]]
*[[Mumbai|Mumbai (Bombay)]]
*[[Mukteshwar]]
*[[Mysore]]
*[[Ooty]]
*[[Panchgani]]
*[[Pushkar]]
*[[Rishikesh]]
*[[Lahaul and Spiti district|Spiti]]
*[[Srinagar]]
*[[Udaipur]]
*[[Vagamon]]
*[[Varanasi|Varanasi (Benaras)]]
*[[Varkala]]<ref>https://www.zostel.com/zostel/varkala/</ref>
*[[Wayanad district|Wayanad]]

| style="vertical-align:top; font-size:smaller;"|
*[[Kathmandu]]
| style="vertical-align:top; font-size:smaller;"|
*[[Pokhara]]
|}

== References ==
<references />

[[Category:Hospitality companies of India]]
[[Category:2013 establishments in Haryana]]
[[Category:Indian companies established in 2013]]
[[Category:Companies based in Gurgaon]]

Zostel - Revision history

imported>Adamsamuelwilson at 04:42, 17 August 2021