Red Planet buys stock in Tune Hotel to expand-pay-as you-go platform in Asia
Skift Take
The 24-property-strong AirAsia subsidiary will use the investment to expand within Asia -- as well as new properties in Scotland and Saudi Arabia -- and wherever cheap flights can carry middle class travelers.
Low-cost, value-based accommodations with a comfortable bed, great location and WiFi have taken precedence over the frills long associated with traditional hospitality, spawning a boom in hotels that