“Staybook” is a hotel chain that offers comfortable and lavish rooms in a very convenient place at very affordable prices. It was founded in 2017 by Mohit Khanna and gained its credibility by providing better possible hospitality service to its guests and featuring wooden or marble floors, furnished with wooden furniture, free wifi, parking, 24/7 room service, breakfast, private bathroom, clean linen, paid airport shuttle service, and most of the room with balcony.
In today’s digital era, travelers seek ease and efficiency while booking a hotel room. Traditional booking methods are outdated now, leaving both the guest and the hotelier frustrated and struggling to keep up. We identify this need for innovation and commit to delivering an optimized and effortless booking experience via our API-based booking engine.
Tell us about yourself?
Founded by Mohit Khanna & who decided to pursue his father’s work and expand their hospitality business together. With this goal in mind, he left his previous employment and joined his father’s business. In 2017, Mr. Mohit established Staybook,as a company that offers a comprehensive website for booking accommodations in India. The website features various options that cater to the needs of travelers, including hotels, resorts, homestays, and other types of accommodations
If you could go back in time a year or two, what piece of advice would you give yourself?
I would remind myself that change can lead to unexpected paths and new possibilities.
What problem does your business solve?
Staybook’s focus on providing comfortable and affordable rooms in the right locations at affordable prices is a smart strategy. It can attract budget-conscious travelers who are looking for affordable yet comfortable accommodations in prime locations.
What is the inspiration behind your business?
The desire to provide exceptional service and create memorable experiences for guests is a common inspiration for hotel businesses. The goal is to offer a welcoming and comfortable environment where guests feel valued and cared for.
What is your magic sauce?
Staybook hotels offers lavish room at very affordable prices. Our hotel chain has created an API-based booking engine that works easily with the official website of the specific hotel or platforms and travel aggregators. This tool enables guests to book their stays directly through our website, mobile app, or partner platforms, assuring a hassle-free experience.
What is the plan for the next 5 years? What do you want to achieve?
1) Expansion and Growth: Hotel chains often aim to expand their presence by opening new properties in strategic locations. 2) Market and Brand Development: Hotel chains may focus on enhancing their brand positioning and targeting specific market segments.
What is the biggest challenge you’ve faced so far?
1) Competition: The hotel industry is highly competitive, with numerous hotel chains and independent properties vying for market share. 2) Changing Consumer Preferences: Consumer preferences and behaviors are constantly evolving, driven by factors such as technological advancements, shifting demographics, and changing travel patterns 3) Workforce Management: Attracting and retaining a skilled and motivated workforce can be a challenge for hotel chains 5) Operational Efficiency: Ensuring smooth and efficient operations across multiple properties can be a complex task for hotel chains.
How do people get involved/buy into your vision?
1) Partnerships: Collaborating with a hotel chain as a business partner or supplier can offer opportunities to align with their vision. 2) Investment: Investing in a hotel chain as a shareholder allows individuals to have a financial stake in the company’s success. 3) Franchising: Some hotel chains offer franchising opportunities, allowing individuals to operate a hotel under the chain’s brand and vision