MYGUESTHOUSE.NET

COMPANY PROFILE

WHAT WE DO

We are among the first few players in the field of budget travel in India. As an online portal with over 3000 quality budget properties across India powered by our cutting edge technology, we ensure that consumers get the best options and the facility to search, review and book them.

Great services and experiences can be provided to the consumer only if every player in the value chain is empowered, hence , we create great products for hoteliers and travel agents to help take their businesses to new heights.

OUR VISION

We believe that in the next 5 years we will be the biggest brand in budget travel.

Our inventory will have over 12,000 quality budget hotels , thus providing the consumer with a plethora of choices.

As a technology centric company, in the coming years we plan to come out with multiple high tech products for players in the travel value chain.

OUR KEY PEOPLE

Jitender Arora – Founder and CEO Jitender is a serial entrepreneur and a born businessman.

Educated at the Delhi College of Engineering, he possesses an amazing combination of strong technical skills with an exceptional understanding of business. His passion for technology shows in the successful technology firms he has set up. He also started a technology firm Kleward Consulting , which now boasts a great track record with international clients.

Varun Chawla – Chief Business Officer Varun, a Cornell grad, has a strong finance background

having been with Goldman Sachs for over 6 years. He helped Goldman set up their practice in Bangalore, and thus is an expert in setting up business and realizing business models. His family is in the travel business and thus Varun understands the travel industry really well.

Prashant Chauhan - COO Prashant is an excellent marketer. Armed with an MBA

from IIFT, Prashant led the brand initiatives for the international calling services of Airtel. His well rounded skill set also includes managing operations and teams brilliantly. Prashant has great business insight and seeds many of the ideas at MyGuestHouse.net

HOW THE CONCEPT WAS CREATED

Jiten was approached by a client to work on a simple property management system for a hotel. As work developed, Jiten felt that this concept could extend much bigger and developed technology that would integrate all players in the travel value chain. Unfortunately, the client ran out of funds and could not invest in the concept. Passionate about his concept, Jiten invested in the idea and spearheaded the formation of the company.

Jiten then met Varun with a view to franchise the model.Varun was the first client of Myguesthouse.net. Varun, who was a director at Siddharth Travels at that time, also had the same belief that the budget travel industry held huge scope for growth. Over 30 years of experience through the family business, Varun decided to partner with Jiten, this was a harmonious synergy of technology and travel backgrounds!

REALIZATION OF THE IDEA

Prashant, then brand manager at Airtel, was a client to Jiten’s technology company. A few casual conversations and a positive twist of fate later, Prashant decided to bring his marketing, technology and business skills to MyGuestHouse.net to complete the management team. We haven’t looked back since!

The company now runs on three pillars each headed by the partners. Jiten handles technology and B2B development, Varun handles product development and B2C development and Prashant handles hotel business development and operations.

THE BUSINESS MODEL

SERVICES AND OFFERINGS

B2C Portal for Budget Hotels MyGuestHouse.net is an online portal for budget hotels

in India. Consumers can search, review and book over 3000 budget properties across India. Competitive pricing and high technology integration ensures that consumers are delighted with portal.

B2B Solutions Through the B2B brand, MGH World, the company

empowers hoteliers with a technology that allows hotels to update their inventory in real time and manage their inventory distribution, thus ensuring that consumers get assured bookings and last minute supply issues do not occur. Also, budget hotels and offline travel agents are provided with websites that help them take advantage of the digital age.

EXAMPLES OF OUR PRODUCTS AND SERVICES

The B2C online portal for budget hotels across the country. Consumers can experience an interactive interface and well detailed information on all properties.

Sample

Our Property Management System (PMS) allows properties to update inventory in real time and manage their inventory efficiently.

Distributor logins allow travel agents to access the large database of properties and manage their operations.

THANK YOU