Press Release

Bloomith, one of the leading hotel investment companies

May 8, 2019

Ginger expanded its presence in Gujarat with the signing of a new hotel in Dwarka. With the addition of this hotel, Ginger will have eleven hotels in the state. The new hotel will have 99 well-appointed rooms, an all-day diner, a meeting room and a fitness centre offering a truly seamless stay experience to its guests.

August 10, 2017

Strategically located in the Devbhumi Dwarka district of Gujarat, the hotel is a short drive from the Dwarkadhish temple, popularly known as Jagat Mandir. The hotel is conveniently located at a five minute drive from the railway station, an hour’s drive from Porbandar Airport and a little over two hours from the Jamnagar Airport.

May 27, 2016

Vedanta Wake-up should be on your list if you are visiting South India. Offering accommodations across Kerala, Tamil Nadu and Karnataka, you get a lot more than just bed and lodging here. Filled with local books and even traditional musical instruments, the place aims to give you an idea of the history of the city you are visiting. 

April 8, 2016

Finding a budget hotel for a short stay at any part of the world isn’t much of a challenge anymore, thanks to the different budget hotel aggregators and players in the market today. However, what if you happen to be backpacking? The best bet then would be to choose a hostel. 

December 18, 2015

MUMBAI: Mumbai-based Blue Rock Hospitality Ventures / Bloomith has inked an agreement to manage a 100-key hotel in Dwarka under French hospitality firm AccorHotels’ midscale brand Mercure. “Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said Rishabh Gupta, director, Blue Rock Hospitality Ventures.

November 20, 2015

AHMEDABAD: Vedanta Wake Up!, a chain of budget hotels headquartered in Mumbai has roped in Ashish Bhatia to drive acquisitions.
The budget hotel brand inaugurated multiple new properties in Kerala, Karnataka, Tamil Nadu and Puducherry and Bhatia would now head acquisitions as the brand steps up an aggressive expansion strategy for a pan-India foortprint. 

Oct 15, 2015

In developed countries across the world, quality hostels are an excellent accommodation option for backpackers and other travellers. While India is yet to see the segment emerge, pioneering efforts are being made by Blanket Hospitality Ventures (BHV) / Bloomith, under its brand Vedanta Wake up! to provide quality budget accommodation and more. 

July 8, 2015

Bloomith / Blanket Hospitality Ventures Pvt Ltd (BHV), is a chain of hostels, currently operating 6 properties under the brand Vedanta Wake up! founded in 2011 by Rishabh Gupta and Aadil Muscatwala. The seeds of introducing this concept of organised hostelling in India were sown during a trip to Australia in 2009. The trip lasted over two months and exposed them to the experience of hostelling.

July 3, 2015

Mumbai based chain of hostels Vedanta Wake Up, is planning to raise R250 Mn in a fresh round of funding.

Founded in 2011 by Aadil Muscatwala and Rishabh Gupta, Blanket Hospitality Ventures Pvt Ltd / Bloomith is a chain of hostels, currently operating 6 properties under the brand ‘Vedanta Wake up.’ It is a budget hotel in Kochi that offers standard lodging and amenities to guests. 

July 1, 2015

From one ‘Social Hotel’, Hostel, in Fort Kochi in Kerala in 2011, Vedanta Wake up! currently has presence in six locations and aspires to expand their brand presence to 100 locations in next three years. Rishabh Gupta, Founder, BHV shares the concept and vision behind the venture with HOSPITALITY BIZ..

May 4, 2015

Vedanta Wake up! – part of Blanket Hospitality Ventures / Bloomith, is a chain of luxury backpacking hotel across India. The venture was launched in 2011 by two childhood friends – Aadil Muscatwala and Rishabh Gupta, to target the fast growing budget travel segment in India. The firm addresses the primary concerns of several budget travellers, both Indian and overseas. 

April 30, 2015

Blanket Hospitality Ventures / Bloomith is planning to have 100 properties under its backpacking hostels brand, Vedanta Wake Up, in the next three years across India.

“Today, we have six properties in Kerala, Karnataka and Tamil Nadu. We are aiming to expand to 100 properties across the country in three years,” company’s founder Aadil Muscatwala told PTI here.

April 30, 2015

Blanket Hospitality Ventures / Bloomith is planning to have 100 properties under its backpacking hostels brand, Vedanta Wake Up, in the next three years across India.

“Today, we have six properties in Kerala, Karnataka and Tamil Nadu. We are aiming to expand to 100 properties across the country in three years,” company’s founder Aadil Muscatwala told PTI here.

April 7, 2015

When Rishabh Gupta and his friend Aadil Muscatwala went backpacking in Australia, they ended up sharing rooms with strangers in hostels across the country.

This sparked the idea of starting a similar model in India. In 2011, they quit high-paying jobs at Merrill Lynch and Deloitte Consulting and with a seed capital of Rs 50 lakh, launched the ‘Vedanta Wake up!’ hostel in Kerala.

April 7, 2015

When Rishabh Gupta and his friend Aadil Muscatwala decided to go backpacking in Australia, sharing rooms with strangers in several hostels across the continent sparked the idea of a similar concept in India. In 2011 with a seed capital of Rs 50 lakhs from their savings, they launched the first set of ‘Vedanta Wake up!’ hostels in Kerala after quitting their high paying jobs from places such as Merrill Lynch and Deloitte Consulting.

March 6, 2015

Staying in a dorm room at hostel is a popular choice for backpackers in many locations throughout the world. However, unfortunately, the number of backpacker hostels in India is limited as the concept has been slow to catch on.

Up until recently, Hostelling International in conjunction with the Youth Hostels Association of India (YHAI) was the only real backpacker hostel chain in India. 

Janury 12, 2015

Staying in a dorm room at hostel is a popular choice for backpackers in many locations throughout the world. However, unfortunately, the number of backpacker hostels in India is limited as the concept has been slow to catch on. Get the up-to-date press releases, articles, presentations on Vedanta Wake up! Also, see interviews of hotelier Aadil Muscatwala & Rishabh Gupta that talk about their backpacking experience and hosteling in India. 

September 22, 2014

Traveling in Asia is always an unforgettable experience, not only for the amazing places that you can discover in every country, but also, and above all, for the adventures that await all travelers curious and enterprising! Leave on a tour of a continent full of charm and surprises, all living in his great hostels. Real universes in which you mix local culture and international spirit, of relaxation, hospitality and entertainment. Choose your favorites and get ready for adventure!

March 20, 2014

In the movie Queen, Kangana Ranaut lands up at a backpackers hostel in Amsterdam and finds that she is booked in a dorm that she has to share with three men. Ranaut goes into a tizzy, choosing instead to spend the night in the hallway. But by the end of the movie, she has traveled with these men, cooked with them, gone to rock shows, and its this friendship that eventually helps her find herself.

Bloomith: Leading Hotel Investment Companies

Bloomith is one of the top hotel asset management companies and hotel investment companies in India.  It focuses on hotels, hospitality, food & beverage, commercial, retail and other real estate asset classes. Bloomith is now known for its hotel real estate investment and asset management.

Other than real estate investments, the firm also provides a number of other services related to real estate. Its services range from hospitality consulting services such as identifying operators and brands for hotels, restaurants, etc. It also provides project management services for developer groups to help complete their real estate projects.

Bloomith is one of the leading hotel equity investors manages a number of hotel private equity funds. It undertakes the entire end to end development of hotel projects. It also provides third party management of hotels for owners as well as asset management services. It provides opportunities for businesses to invest their funds in hotels both domestic and international, making it one of the most coveted hotel private equity firms 

Bloomith is a top hotel investment companies/ group and one of the best hotel investment firms that leverages hotel investment opportunities due to its unique experience in hospitality to drive value to hotel projects

Bloomith, one of the best hotel investment companies, has been trusted by its international hotel investors groups for its deal sourcing, underwriting, development capabilities, operational & asset management skillset

For investors looking for a hotel business investment partner or are looking to invest in hotels, please contact Bloomith, a one stop hotel investment companies