ZEN Rooms eyes new markets, claims shutdown rumours were 'exaggerated'

From left: Yanolja founder and CEO, Lee Su-jin, ZEN Rooms co-founders Nathan Boublil and Kiren Tanna, and Yanolja chief business operator Kim Jong-yoon. Picture by ZEN Rooms.

Having bagged $15 million in funding from Korean motel brand Yanolja, Singapore-headquartered budget hotel chain ZEN Rooms is looking to expand to two new markets in the next six to 12 months, according to co-founder and global managing director Kiren Tanna.

In an interaction with DEALSTREETASIA, Tanna said that the fresh capital will also allow ZEN Rooms to further invest in its technology and branding and marketing efforts.

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