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Full text: Stayzilla CEO explains why he has to shut shop and reboot

New bookings on all Stayzilla platforms - website and app - are now suspended

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Stayzilla has announced that it has suspended operations at a time when competition in India’s online travel sector is heating up through consolidation.

"This has been one of the toughest decisions that I have taken so far but it is the right thing to do. The hardest part is saying goodbye to a perfect team that has accomplished a lot by putting homestays on the map of India," said Yogendra Vasupal, co-founder and CEO at Stayzilla, in a blog post.

Here is the full text:


I would like to announce today that we would be bringing to a

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