RISING EXPO 2016 AWARDS NIDA ROOMS AS “BEST START UP” IN SEA

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Malaysian-Based Nida Rooms Beats 11 Participants In SEA

(LR): Abraham Viktor, founder of Taralite; Kaneswaran Avili, NIDA Rooms CEO; Takahiro Suzuki, CEO of CyberAgent Ventures Indonesia

CLEAR road map to achieve market leadership, mobile application focus, more than 3,500 hotel network traction in a short time span, and brand and product positioning were the main elements that solidified and secured votes for NIDA Rooms from 50 Venture Capital firms and corporations enabling the nine month old company to bag the prestigious Best Start Up Award at the recent Rising Expo 2016 that was held in Jakarta, Indonesia.

Established in Japan in 2012 and South East Asia in 2014, Rising Expo is an event coveted by start-ups, however, only those with good business potential are selected to participate in the event. Rising Expo has a reputation to showcase leading start-ups that has the ability of becoming the next generation successful internet business in Asia. Its main aim is to introduce selected innovative, creative and marketable internet-based business ideas that need capital injection or funds, to accelerate their growth, to Venture Capital firms worldwide.

This year, only 12 start-ups qualified to compete in the event. Only 1 company qualified from Malaysia, which is NIDA Rooms. The balance 10 companies were from Thailand (Two companies), Philippines (One company), Vietnam (Two companies), Japan (One company) and Indonesia (Five companies).

“Winning the Best Start Up Award at the Rising Expo 2016 is an acknowledgement of NIDA Rooms’ business model potential from the Venture Capital business community. We are honour to have received such a recognition,” said Kaneswaran Avili, Chief Executive Officer, NIDA Rooms.

“Although we have been experiencing a substantial growth month-on-month, securing more than 3,500 hotel partners in less than nine months throughout Indonesia, Philippines, Thailand and Malaysia, this award has given us the boost needed,” He said, adding that NIDA Rooms was excited to participate in the Rising Expo 2016 finale.

Held annually, Rising Expo 2016 was held in Jakarta and Korea recently. Winners of both events will participate at Rising Expo 2016 finale in Japan on 2 September. The finale event will house over 100 Venture Capital firms located worldwide. 

Established in September last year, NIDA Rooms has changed the playing field in the hospitality industry in Asia with a fresh new business model. The company partners with selected hoteliers and secures certain number of rooms. Those rooms are branded as NIDA Rooms and are offered through various online channels mainly their website and mobile applications in Google Play Store and Apple App Store. Rooms sold under the NIDA Rooms brand name has certain criteria that hoteliers need to adhere to namely quality and services that make a hotel stay comfortable.

“We have grown strategically throughout Thailand, Philippines, Indonesia and Malaysia. We will be continuously expanding our reach in Asia with immediate plans to penetrate markets like Vietnam,” Avili said, adding that the company’s main aim is to offer customers various types of accommodation throughout Asia at the Right Location, for the Right Price with the Right Quality.

About NIDA Rooms

As Asia’s largest and fastest growing “Virtual Hotel Operator (VHO)”, NIDA Rooms remains committed in its value proposition of 3Rs - Right Location, Right Price and Right Quality to its customers. This is in keeping with the “A Good Night, Every Night” spirit promoted by NIDA Rooms through a comprehensive range of facilities available in all NIDA Rooms, including complimentary wi-fi, hot showers, air conditioned rooms, and high quality amenity kit. Through NIDA Rooms, customers can instantly navigate and book thousands of affordably priced rooms in Indonesia, Malaysia, Thailand and Philippines through www.nidarooms.com and NIDA Rooms mobile applications available at Google Play Store or Apple App Store. NIDA Rooms’ commitment to its hotel partners are to increase their 3Rs - Reach, Revenue and Recognition. To date, NIDA Rooms has over 3,500 hotels partners with over 800 hotels in Malaysia, over 1,500 hotels in Thailand, over 1,000 hotels in Indonesia, and over 200 hotels in the Philippines.

NIDA Rooms announces partnership with Via.com

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Manila, Philippines - NIDA Rooms, the largest virtual hotel chain in Asia announces a new partnership with Via.com. The partnership enables Via.com’s travelers to customize holidays easily by having a wider selection of over 3,500 hotel rooms in Asia from NIDA Rooms.

“This strategic partnership enables NIDA Rooms to reach out to more travellers, as Via.com has served over 2 million guests in Asia. NIDA Rooms and Via.com hold similar value of offering a value for money products for our customers. The collaboration is timely as NIDA Rooms Philippines was launched at the end of May with over 200 hotels,” Kaneswaran Avili, Chief Executive Officer of NIDA Rooms said .

Avili added that Via.com is Asia’s largest Online Travel Agent and the company has always been in the forefront of the industry, creating new avenues and continuously reinventing the online travel booking industry segment by introducing new offerings to customers with the aim of making everything simple.

Ramesh Samineni, Country Head of Via.com Philippines said "NIDA Rooms enables travel agents and their customers to book hundreds of standardized rooms in different hotels all over the Philippines. This is a very exciting partnership as VIA will be the first online travel portal in the Philippines to launch this new business concept."

Via.com has changed the landscape of travel industry in each country by having over 90,000 resellers offering comprehensive travel products. It creates new avenues and continuously reinvent the online travel booking industry by introducing new offerings to customers with the aim of making everything simple. Today, Via.com is the leading travel network in India, Philippines, Indonesia, Singapore and UAE.

Incorporated in September 2015, NIDA Rooms has changed the playing field in the hospitality industry in Asia with a fresh new business model. The company partners with selected hoteliers and secures certain number of rooms. Those rooms are branded as NIDA Rooms and are offered through various online channels mainly their website and mobile applications in Google Play Store and Apple App Store. Rooms sold under the NIDA Rooms brand name has certain criteria that hoteliers need to adhere to namely quality and services that make a hotel stay comfortable.

“In a short span of eight months, we have secured over 3,500 hotel partners located strategically throughout Thailand, Philippines, Indonesia and Malaysia. We will be continuously expanding our reach in Asia with immediate plans to penetrate markets like Vietnam,” Avili said, adding that the company’s main aim is to offer customers various types of accommodation at the Right Location, for the Right Price with the Right Quality.

About NIDA Rooms

As Asia’s largest and fastest growing “Virtual Hotel Operator (VHO)”, NIDA Rooms remains committed in its value proposition of 3Rs - Right Location, Right Price and Right Quality to its customers. This is in keeping with the “A Good Night, Every Night” spirit promoted by NIDA Rooms through a comprehensive range of facilities available in all NIDA Rooms, including complimentary wi-fi, hot showers, air conditioned rooms, high quality amenity kit. Through NIDA Rooms, customers can instantly navigate and book thousands of affordable priced rooms in Indonesia, Malaysia, Thailand and Philippines via our website atwww.nidarooms.com and our mobile application on Google Play Store or Apple App Store. NIDA Rooms’ commitment to our hotel partners increases their 3Rs - Reach, Revenue and Recognition. To date, NIDA Rooms has over 3,500 hotels partners with over 800 hotels in Malaysia, over 1,500 hotels in Thailand, over 1,000 hotels in Indonesia, and over 200 hotels in the Philippines.

About Via.com

Via.com is Asia’s leading omni-channel travel & assisted e-commerce platform. Its distribution strategy includes enabling small businesses with an intuitive travel & e-commerce platform and giving both retail & corporate customers a host of options including desktop access, a mobile website and a mobile application to aid in research, search and purchasing. Via.com is the most comprehensive & consistently profitable online travel & e-commerce company with 8 years of experience & presence in 5 countries: India, Philippines, Indonesia, Singapore and UAE. Through its global network of over 90,000 independent re-sellers in the travel space, the company provides access to a broad array of travel products including air travel, train tickets, hotels, holiday packages, buses, car rentals, insurance, mobile recharges, money transfer & bill payments. In addition to this, Via.com has more than 5,000 corporate customers and also engages directly with consumers through its B2C website and app. Established in 2006 as flightraja.com, Via.com was incorporated in 2007 and has since dramatically disrupted the Indian travel space with its innovative offerings that became hugely viral in multiple markets. IndoUS Venture Partners and Sequoia Capital are the primary investors in Via.com.

Planning your next adventure ? NIDA Rooms goes live in the Philippines!

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Asia’s First VHO Penetrates Fourth Key Market In Asia

Seven month old Malaysia based NIDA Rooms is now open for bookings in Philippines. Customers can now book NIDA Rooms in four countries, including Philippines, Indonesia, Thailand, and Malaysia. The company also announces the availability of select inventory on Tiket.com, an Online Travel Agent (OTA), with many more OTAs to follow in coming weeks to enable its customers the ability to book easily.

The company, incorporated in September last year, made head ways when it became the first Virtual Hotel Operator (VHO) in Asia. Since its inception, NIDA Rooms has changed the playing field in the hospitality industry by offering high quality stays in strategic locations, spurring tourism in countries where it is present.

As a VHO, NIDA Rooms offers rooms under the NIDA Rooms brand to customers using a State-of-the-art e-commerce platform. This technology platform provides the partner hotels a better chance of selling their unsold rooms by increasing their reach into global markets. NIDA Rooms applies stringent quality and service criteria to choose the right hoteliers to partner with and ensures that the customers are guaranteed top quality experience during their stay.

NIDA Rooms, which recently secured an equity investment of USD4.2 million, has over 200 partner hotels in Philippines and is continuously working towards partnering with qualified hotels in strategic locations in the country. The partner hotels are chosen in line with its philosophy to offer customers, accommodation at the Right Location, for the Right Price with the Right Quality.

NIDA Rooms Chief Executive Officer, Kaneswaran Avili, said “With this development, NIDA Rooms is available for customers to book and stay in four key Asian countries, with over 3,500 hotels in a short span of seven (7) months from its incorporation. This is a milestone that we at NIDA Rooms are very proud of and this achievement would not have been possible without the hardwork from all employees and trust from the shareholders. I thank them for their dedication and support. I would also like to take this opportunity to thank our hotel partners for being part of NIDA Rooms family.”

In Philippines, NIDA Rooms is currently present in Manila, Cebu, Boracay, Angeles/Clark, and Davao amongst other main and strategic areas.

“Towards year end, NIDA rooms is targeting to have at least 1,000 partner hoteliers in Philippines. We are very pleased that our dream of offering top quality hotel stay under USD 30 is now achieved as most of our hotel partners are offering great prices to encourage customers to experience their good product offerings, that have gone unrecognized before.”Avili concluded.

Visit www.nidarooms.com

About NIDA Rooms

As Asia’s largest and fastest growing “Virtual Hotel Operator (VHO)”, NIDA Rooms remains committed in its value proposition of 3Rs - Right Location, Right Price and Right Quality to its customers. This is in keeping with the “A Good Night, Every Night” spirit promoted by NIDA Rooms through a comprehensive range of facilities available in all NIDA Rooms, including complimentary wi-fi, hot showers, air conditioned rooms, high quality amenity kit. Through NIDA Rooms, customers can instantly navigate and book thousands of affordable priced rooms in Indonesia, Malaysia, Thailand and Philippines via our website at www.nidarooms.com and our mobile application on Google Play Store or Apple App Store. NIDA Rooms’ commitment to our hotel partners increases their 3Rs - Reach, Revenue and Recognition. To date, NIDA Rooms has over 3,500 hotels partners with over 800 hotels in Malaysia, over 1,500 hotels in Thailand, over 1,000 hotels in Indonesia, and over 200 hotels in the Philippines.