Mad Monkey in the news
May
Mad Monkey set to open a new location in Koh Rong, Cambodia
Mad Monkey Announces Grand Opening in Koh Rong, Cambodia Mad Monkey, the leading hostel operator in Southeast Asia, is thrilled to announce the grand opening of its newest property in Koh Rong, Cambodia. Mad Monkey Koh Rong is set to welcome its first guests on 31st May, 2023. Located in the heart of Longset Beach, just a stone’s throw from the island’s white sandy beaches and crystal-clear waters, Mad Monkey Koh Rong offers guests the perfect base to explore this stunning tropical paradise. The hostel is designed to provide travelers with a comfortable and affordable stay, while also promoting sustainable tourism practices. Mad Monkey Hostel Koh Rong boasts a range of accommodations to suit all budgets, from dorm rooms to private suites. Koh Rong offers 12 Bed dorms and 10 private beachfront bungalows. All rooms are designed with comfort in mind and come equipped with amenities such as air conditioning, hot water, and Wi-Fi. The hostel features a large bar and restaurant serving up delicious food and drinks, a pool table as well as a beachfront lounge area where guests can relax and soak up the sun. For those looking to stay active during their travels, Mad Monkey has a yoga deck and a range of water sports equipment for rent, such as paddle boards and kayaks. “We are excited to be opening our doors in Koh Rong and to share the Mad Monkey experience with travelers from around the world,” says Perdy, the hostel’s general manager. “Our team has worked hard to create a welcoming and sustainable environment that will provide guests with an unforgettable stay.” Getting to Koh Rong is easy, with regular ferries departing from Sihanoukville and other nearby islands. Once on the island, Mad Monkey is just a short walk from the ferry pier. Book your stay at Mad Monkey Hostel Koh Rong today and experience the best of Cambodia’s island paradise! Guests eager to experience Mad Monkey Koh Rong’s unique brand of hospitality can find the best deals and rewards through the Mad Monkey Experience App. Alternatively, find more information about Koh Rong or our MMXP Mad Monkey Experience App here.
Apr
Mad Monkey Corporate Social Responsibility (CSR) Report | Jan – March 2023
Welcome to Mad Monkey’s Corporate Social Responsibility report, where we keep you up-to-date on all the amazing ways our hostel is making a difference in the world. As travellers ourselves, we understand the importance of travelling with purpose and giving back to the communities we visit. That’s why we’re proud to share our impact stories from the first quarter of 2023 with you. From fundraising events to clean water initiatives, Mad Monkey is on a mission to be the leading socially responsible travel hostel by number of beds, worldwide.. So grab a cup of coffee and let’s dive into our latest adventures! Fundraising Efforts for International Women’s Day 2023 Community Fundraiser in Hoi An International Women’s Day was celebrated worldwide, but our team in Hoi An, Vietnam went above and beyond to mark the occasion. On March 8th, we organized a fundraiser to support local single mothers and their disadvantaged children. We wanted to make sure everyone in the community was involved, so we invited local suppliers to donate products to be used as prizes in a charity raffle. The response was overwhelming, and we are delighted to announce that we raised a total of $264 USD, equivalent to 6’260’000 VND. Spreading Food and Love in Panglao In Panglao, Philippines, our team was determined to spread happiness on International Women’s Day by providing a much-needed meal to the residents of Bohol Crisis Intervention Center (BCIC). The center serves as a refuge for women and children who have been subjected to various forms of abuse, neglect, and exploitation. We offered a “Merienda” spread, which is a popular afternoon meal in some parts of Europe, especially Spain and Portugal. At Mad Monkey, we hold BCIC close to our hearts. The center provides support services to young women who have survived abuse, offering them protection and safety. Its programs and services include residential care, education and training programs, therapy and counseling, and livelihood programs. The institution’s ultimate goal is to provide care and empower women of all ages to take charge of their lives. We are particularly inspired by BCIC’s commitment to not only care for and protect Boholanas who have experienced abuse but also to offer hope to all women, regardless of their circumstances. Canopy Bar Opening Party – Fun Times and Fundraising! If you know any of us at Mad Monkey, then you’ll know we love any excuse to have a drink and when we get to combine that with fundraising, you bet we’re not holding back! On March 11th, we had the opportunity to open Canopy Bar in Siem Reap. On opening night we hosted a huge party – we sure know how to throw one of those – with a live DJ, and drag performances! We donated 100% of the charity raffle proceeds, beer sales, which were kindly sponsored by Hanuman beer, and our cocktail sales, which was also kindly sponsored by Seekers Spirits. Our goal was to raise as much money as possible to support the beautiful souls at Super Monkey Kids School, which is located in Kouk Kreul village just outside of Siem Reap. Currently, the school provides English language lessons for 24 children. We are thrilled to announce that we raised $565.35 USD which will be used to purchase the following for the school: Our team will be heading back to the school once the materials are ready in order to help set up the tables, and spend some quality time with the students. World Water Day 23rd March 2023 – Fundraising For Clean Drinking Water As we prepared to say goodbye to Q1,…
Mar
Mad Monkey Secures US$4.6M Investment from EXS to Accelerate their Expansion Across Southeast Asia
Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable, travel experiences, has closed its first major round of fundraising from the EXS Property Innovation Concepts VCC (“EPIC”), a Singapore-domiciled fund platform sponsored and managed by EXS, a specialist private equity firm focused on real estate business & platforms across Asia. The company intends to use the funds to accelerate its ambitious expansion across Asia, substantially growing its portfolio across the region in the next 3 years, building on the great success of the past decade. Singapore, March 22, 2022 – The sun is slowly setting over the Cambodian capital. So much has changed in the uber-fast developing city in the past 10 years since the Mad Monkey team opened the first hostel in the heart of Phnom Penh. High-rises mount over pagodas, SUVs are passing slower tuk-tuks, mobile phones have become the primary payment method. But some things remain the same — the charm and soul of the entire region, inviting young adventurers back to explore its colorful streets, dreamy beaches, and magical sites, now that the pandemic-stricken world has started showing signs of recovery. Early evenings are a time when the music starts getting louder by the pool in Mad Monkey’s hostels and the party is slowly starting. But right now, there is a different buzz; the Mad Monkey team is hard at work preparing rapid re-openings of its existing locations, inviting domestic and international travelers back to its world. In the past decade, Mad Monkey has earned an iconic status in Southeast Asia and has opened hostels in 6 countries, delivering unforgettable, sustainable, and culturally immersive travel experiences to an ever-growing segment of young digital nomads & other experience-driven travelers who are hungry to travel, build friendships and experience new cultures. But reopening seems like a small task amidst a much bigger ambition now turned into an accelerated action plan. The Mad Monkey team is poised to open up to 50 hostels in the next 3 years in Asia and Australia, cementing their status as the region’s biggest player in experience-driven hospitality. To help achieve this goal, Mad Monkey has now partnered with EXS, a Singapore-based private equity firm focused on real estate businesses & platforms, through EPIC, which is focused on “New Economy Real Estate” across Asia including co-working, co-living, student housing, new hospitality, and modern fitness models. EPIC has successfully completed a US$4.6M investment into Mad Monkey to drive the company’s near-term growth and reinforce its position as Southeast Asia’s leading hostel operator. “Mad Monkey is a leading player in Southeast Asia and a great example of real estate’s continued shift towards ‘new economy’ business models that combine real estate, hospitality and technology to deliver unique experiences. The Mad Monkey team has organically built a business anchored on strong values, with social and environmental responsibility at its core, while staying aggressive with expansion plans, maintaining profitability, and developing a stable team over the past decade. We are proud and excited to enter the next phase of driving Mad Monkey’s growth across the region,” stated Eric Solberg, Chairman & CEO of EXS. EXS plans to contribute its expertise in building leading Asian real estate platforms to Mad Monkey. As a specialized private equity firm with a track record of investing successfully across Southeast Asia, EXS is a strong believer in the growing trends driving new business models across real estate. Through EPIC, EXS plans to play a major role in helping the Mad Monkey team to accelerate growth and take advantage of the rapid return in tourism across the region, creating value for…
Dec
Mad Monkey Expands Further Into Vietnam, Launching its Second Location in the Ancient City of Hanoi
Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable travel experiences, is opening their second hostel in Vietnam this year. The new property will be located in the heart of Hanoi’s buzzing old quarter, centrally positioned in the popular tourist area of the city. It is set to not only be the biggest Mad Monkey location to date, but also the biggest hostel in Vietnam, comfortably accommodating up to 250 travellers. This move represents another major milestone for Mad Monkey on their journey of being the biggest provider of immersive, socially responsible, and fun experiences for young travellers and digital nomads. Vietnam, December 2022 – Mad Monkey announced the opening of their new Hanoi hostel in an amazing location, right in the centre of the historic old quarter. The newly renovated property is spread over eight floors, offering modern hostel-style dormitory accommodation across a wide variety of rooms. The property features a stunning rooftop bar along with a spacious common area including a bar and restaurant serving local and western favourites and hosting iconic Mad Monkey events. The new location on Ma May street, previously home to the popular Vietnam Backpacker Hostels, has been extended, renovated and had the signature Mad Monkey stamp put on it. The whole property has been fully remodelled with design centering on rustic but modern, industrial elements featuring inspiration from Vietnamese culture with stylised furniture and art pieces. Mad Monkey in Hanoi. Photo courtesy of Mad Monkey Hostels The move to open a second Vietnamese location, especially in the capital Hanoi, represents Mad Monkeys commitment to the country and is a major step towards their goal of substantially growing its portfolio of locations and strengthening their position as the regional leader in the experience hospitality sector. With Vietnam tourism on the rise post-COVID, Mad Monkey is well positioned to meet the demand of eager travellers looking to explore the region with its amazing accommodation and epic travel experiences. Mad Monkey believes that truly life-altering experiences for its guests happen at the intersection of quality accommodation, fun, and strong societal and environmental impact. They strive to deliver the signature Mad Monkey vibe that young adventure seekers and digital nomads pursue, whilst having a positive impact on communities across the region. Hanoi. Photo courtesy of Unsplash. With over 10 years of successful community projects throughout Southeast Asia, including clean water initiatives and education projects, Mad Monkey is excited to continue this trend into Vietnam. Launched in 2011 by a team of passionate serial entrepreneurs, and driven by tenacious purpose and values, Mad Monkey has quickly earned an iconic status in Southeast Asia and have since opened hostels in 6 countries, delivering unforgettable, sustainable, and culturally immersive travel experiences to an ever-growing segment of young digital nomads, hungry to travel, build friendships, experience new cultures and enjoy their newly found freedom of remote digital work. “We are incredibly excited to announce the opening of our second location in Vietnam, while growing our portfolio of hostels in the region. Hanoi is a great place for young adventure seekers and digital nomads to discover and we are confident we can continue to deliver our signature Mad Monkey experience in Vietnam’s capital city. With exceptional accommodation, unique tours, experiences, and iconic events all under one roof Hanoi will certainly be a destination” Alex Darroch, Business Development Director of Mad Monkey explains. The new location is scheduled to open in early 2023 and bookings can be made directly using the Mad Monkey Experience App or via the Mad Monkey website.
Dec
Mad Monkey Hostels Adds New Property to their Philippines Portfolio
Panglao Island, Bohol, Philippines: Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable travel experiences is set to open a brand-new hostel on the famous Panglao Island in Bohol, Philippines. This will be the fourth property to operate in the Philippines under the brand’s portfolio. The opening is set to happen less than two weeks before Christmas 2022. Mad Monkey Panglao is looking forward to welcoming old and new guests to its new location with the same Mad Monkey brand of hospitality and the nightly events it became famous for across the country and region. Balicasag Island in Panglao, Bohol. Photo courtesy of Mad Monkey Hostels. The island paradise of Panglao is popular for its white sand beaches and world-class diving sites. Guests will enjoy various activities such as diving, island hopping, and exploring Bohol’s natural wonders and attractions such as the Chocolate Hills and the sanctuary of the world’s smallest primate, the tarsier. Quad-bike adventure in Chocolate Hills, Bohol. Photo courtesy of Maan Samontanez, Mad Monkey Hostels. Mad Monkey Panglao will offer various accommodation options, including an all-female dorm, standard dorms, and private rooms. The Fil-Hispanic-themed hostel pays homage to Bohol’s rich culture and features different social spaces such as a bar & restaurant, an outdoor pool area and garden, a coworking space, and the Xbox Kinect corner. The famous hostel brand is known for unparalleled experiences for young travelers and digital nomads through various activities, and Mad Monkey Panglao will be no exception. These enriching experiences allow one to experience the best of what the surfing capital has to offer, with an added touch of world-renowned Filipino hospitality and culture. Through these shared encounters, Mad Monkey guests are able to build and foster communities, friendships, and memories that last a lifetime. Mad Monkey Hostel Panglao is set to open by December 15, 2022. For more information and bookings, visit our website at www.madmonkeyhostels.com/panglao.