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Travel Unicon, Yanolja, Becomes the Largest Shareholder of ZEN Rooms, the No.1 Budget Hotel Chain in Southeast Asia; - The only travel unicorn, Yanolja in South Korea, additional investment in ZEN Rooms following its initial investment in the company back

Oct 23, 2019 - PR Newswire
Investments

PR Newswire

 Yanolja, the only travel unicorn in South Korea, becomes the largest shareholder of ZEN Rooms, the No. 1 budget hotel chain in Southeast Asia.

In July of last year, Yanolja has invested USD 15 million in ZEN Rooms. Such decision was based on the goal of creating large-scaled synergies with the company that offers integrated services ranging from online reservation management to offline operations via its self-developed platforms, unlike other hotel chains. Moreov...