TREEBO HOTELS BAGS THE BW YOUNG ENTREPRENEUR AWARD 2016

Posted by: at 12/19/2016 05:55:00 am

·         Secured its 21st industry Award in its 19th month of operations 

New Delhi, December 19th, 2016: Treebo Hotels adds another feather to its hat. In a short span of 19 months, India’s 3rd largest hotel chain has secured a total of 21 Awards for making its mark in the Indian hospitality industry. Recently, Treebo won the ‘BW YOUNG ENTREPRENEUR AWARDS 2016’ under the 0-3 years category at a ceremony held in New Delhi. Sidharth Gupta and Rahul Chaudhary, co-founders, Treebo Hotels received the Award. The industry recognition in form of these prestigious accolades indicate at the potential of the quality-oriented brand to transform the unorganized hotel segment. 

TREEBO HOTELS BAGS THE BW YOUNG ENTREPRENEUR AWARD 2016


‘BW Young Entrepreneur Awards’ is an annual event to recognize the best of the young entrepreneurs. All the nominations for the awards undergo a multi-tier evaluation process which is managed by Grant Thornton India LLP, an independent agency.


On winning the award, Sidharth Gupta, co-founder, Treebo Hotels said, “We are extremely excited to have been honoured with this award. It underlines our tremendous growth and an exhilarating journey to emerge as the third largest hotel chain in India, after TAJ and ITC, in such a short time span. We will continue to introduce new industry practices and technologies to make quality accommodation affordable.”

The 3rd edition of the awards ceremony witnessed the presence of who’s who from the start-up ecosystem. The jury panel consisted of Mr. Anurag Batra (Chairman & Editor In Chief, BW Businessworld & e4m Group), Ms. Bala Deshpande  (Senior MD, Venture capital firm, New Enterprise Associates), Mr. Ganesh Krishnan (Serial Entrepreneur, Partner Growth Story & Chairman, Portea Medical), Mr. Ritesh Pai (Senior President & Country Head, Digital banking, YES BANK), Mr. Sanjeev Bikhchandani (Founder & Executive Vice Chairman, Info Edge India Ltd), Mr. Siddharth Talwar (Founder & India Partner, Lightbox Ventures), and Mr. Sudhir Variyar (Founding Partner, Multiples Private Equity). 

About Treebo Hotels


Founded in June 2015, Treebo Hotels is the brainchild of ex-McKinsey consultants Sidharth Gupta and Rahul Chaudhary, and ex-VP engineering of MyGola Kadam Jeet Jain. Treebo Hotels is a ‘digital hotel chain’ which works with the mind of an engineer and the heart of a hotelier to deliver high quality hospitality in the unorganised and fragmented budget segment of this industry. Treebo Hotels is a tech-enabled, asset-light affordable accommodation brand offering a 100% Quality Guarantee to travellers. Deriving its name from the ‘Bo Tree’, the fig tree under which Gautam Buddha attained enlightenment, Treebo is inspired by it not just in name but also in terms of what it does. Treebo Hotels works with carefully selected, existing, standalone hotels on a “Distri-chise” (Distributor + Franchise) based model and prescribes the quality standards the hotel operators need to adhere to, and helps them meet these standards through staff training, bulk contracts with vendors, technology implementation, and a lot more. These properties are then co-branded under the Treebo brand name and promoted across online and offline channels.
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