About Red Roof
Red Roof is a company based in Springfield (United States) founded in 1973.. Red Roof operates in a competitive market with competitors including Booking.com, Super, Treebo, OYO and HotelTonight, among others.
- Headquarter Springfield, United States
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Sectors
Travel & Hospitality
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Phone
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Website
*********
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Social
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- Legal Name Red Roof Inns, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Red Roof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Red Roof
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Red Roof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Red Roof Comparisons
Competitors of Red Roof
Red Roof operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Booking.com, Super, Treebo, OYO and HotelTonight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
App-based platform for booking multiple categories of accommodations
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| domain | founded_year | HQ Location |
Online platform for discovering and booking hotel accommodations at discounted prices
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| domain | founded_year | HQ Location |
Standardized budget hotels are operated through an online chain.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations is operated.
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| domain | founded_year | HQ Location |
Last-minute hotel rooms are booked via a mobile app marketplace.
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| domain | founded_year | HQ Location |
Hotel rooms are booked via an app-based franchising platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Red Roof
Frequently Asked Questions about Red Roof
When was Red Roof founded?
Red Roof was founded in 1973.
Where is Red Roof located?
Red Roof is headquartered in Springfield, United States.
What does Red Roof do?
Red Roof was founded in 1973 in Springfield, United States, and operates in the hospitality sector as a managed booking platform for hotel accommodations. Hotels are discovered by users through the app based on destination, arrival date, and guest numbers. Bookings are completed online with payment processing, and the platform is accessible via iOS and Android applications.
Who are the top competitors of Red Roof?
Red Roof's top competitors include Super, OYO and Booking.com.