Goibibo.com has launched GoStays to list non-branded budget accommodations available in India. They have identified 862 properties in 72 cities, which means about 10,000 rooms will be available everyday across the nation through GoStays.

The company fondly recollected that when it was first launched about 88 hotels were listed on the website for Bengaluru, starting from Rs. 630 to Rs. 3,300.

Standard budget rooms identified by GoStays are free breakfast, Wi-Fi, TV, AC and clean washrooms. Not only that, all bookings would come with a money-back guarantee.

GoStays, A Goibibo InitiativeUsers will be able to rate and review accommodations on the GoStays website. They can also book travel tickets via SeatSeller and redBus. These are sister concerns of Goibibo.

The company is eyeing to create a business model like the Amazon marketplace and hence it would allow other branded budget service providers to enlist themselves here.

More than 7 million people have already downloaded the Goibibo mobile app and the numbers are growing at a pace of 1 million per month. The company proclaims it is the largest hotel listing site in India with a 5x growth in the past year itself.   

A South African media conglomerate company Naspers invested $10 billion in GoIbibo and is a primary owner.