Zostel is set to hit a key milestone this week with the launch of its 100th property, CEO Aviral Gupta told CNBC-TV18 in an exclusive interaction. The backpacker hostel chain, which operates entirely on a franchise-based model, has 29 additional properties slated for launch over the next six months as it accelerates expansion across domestic and international markets.
"We are pressing the accelerator on growth," Gupta said, adding that Zostel recently launched its first international hostel in Phuket, one of its largest so far.
The company plans to go deeper into international markets, with new hostels coming up across Bangkok, Bali, the Philippines, Tokyo, Dubai, Uzbekistan, Kazakhstan, Georgia, and Sri Lanka by 2027.
IPO plans and funding talks
Gupta said Zostel is already profitable

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