HeyBnb forays into India with presence across 17 cities including Trichy
HeyBnb (HeyBednBreakfast), a global player in the short stay accommodation space, has entered the Indian market with presence in cities like New Delhi, Bengaluru, Goa and Cochin. source
Headquartered in Singapore, the company works on the concept of shared economy of home sharing concept. With the tagline ‘Wanderers of life’ , HeyBnb provides an online marketplace connecting hosts who want to make their extra rooms available and travellers who are looking for comfortable yet affordable short-term accommodations.
Commenting on this, Kenny Blatt, Co-Founder, Head strategy, HeyBnb, said, “We at are bullish about our expansion plans and we want to rope in as many guests & hosts as possible.
We are focusing largely on key cities across Asia, Europe, US and Australia. In India alone, we started our operations this year with 17 cities and expect to increase our room count to 60,000 by end-October.
The global size of the vacation stay market is expected to reach USD 170 billion by 2019, out of which 5 players own less than 10% share, namely Home Away, Airbnb, VRBO, One Fine Stay and Tujian.”
Typically HeyBnb Hosts can register their home properties on the website for free, set a price per night for the accommodation and upload pictures. HeyBnb allows the host to post additional criteria to find out who they could be letting out their homes to. Guests can search properties listed online on HeyBnb website, choose their preferences and book online. Both guests and hosts can write reviews about each other, which are displayed on the property's listing page.
Stan Dong, Co-Founder and Head of Technology, HeyBnb, said, “We are enthusiastic about HeyBnb entering Indian shores and are primarily focusing on destination cities/states like Goa, Ladakh, Kerala, Rajasthan, Gangtok, Shimla, pilgrimage destinations, forest and hill stations. We want to cater to leisure travellers like youth, families, solo travelers and women travellers, hence most properties listed on our platform are in the price range from INR 1,000 – 13,000. We want HeyBnb to be the one-stop platform for foreigners when they visit India.”
Currently HeyBnb is present across 17 key metros and cities including New Delhi, Mumbai, Bengaluru, Goa, Varanasi, Sarnath, Dehradun, Agra, Coorg, Bir Billing (Himachal Pradesh), Thekkady, Trichy, Puducherry, etc.