JAKARTA -- For Amit Saberwal, boredom could prove to be worth billions.
Saberwal is the founder of RedDoorz, a budget hotels startup that is shaping up to be Southeast Asia's answer to India's Oyo -- a $5 billion venture backed by the SoftBank Vision Fund. In only six years, Oyo has become one of the world's largest hotel chains by bringing thousands of small, often family-run establishments into one network under a single brand, and RedDoorz looks well on its way to replicating that success in its own region.
