Stay Simple Resorts

  • Bangalore, India
  • Tourism / Leisure

Stay Simple - Asset light model of a chain of resorts across 6 locales looking to scale pan India

Founded:
2009
Stage:
Early Revenues
Market:
B2C

Startup Video

Featured


Founded

Founded Ocio Hospitality

Jul

2008

Launch of Stay Simple Brand

Mar

2012

Jobs


Team Summary

4 founders, Executive promoter is Gopal Kulkarni (Also the MD), IIT / IIMB graduate, has experience of starting and growing another venture in the healthcare space, Gurmit Singh - 20 years in operations, heads all resorts, Chiradeep - 18 years in Sales and marketing in the hospitality sector.

Team


Product/Service Summary

Stay Simple Resorts is India's first chain of leisure resorts in the budget segment. Operated in an asset light model, the resorts are taken up on lease or managed model and have the potential to scale up to a pan India geography, with scale efficiencies giving us huge advantage in margins and customer acquisition

How are we different?

1. Only chain of resorts in the budget, leisure segment
2. Providing 3 star amenities at value for money
3. Asset light, so amenable to faster growth
4. Higher occupancies and margins because of ability to spend on marketing.

Product/Service Descriptions