RODIN

What RODIN does

Rodin Istanbul is a privately held short-term accommodation operator founded in 2015 by Hakan Sahin in the Beyoğlu district of Istanbul, Turkey. The company operates three distinct property formats under one management: Rodin Suites (private hotel rooms for families and mid-range travelers), Rodin Hostel (shared dormitory beds targeting backpackers and budget travelers from €15/night), and Rodin Apartment or Taksim Sofa House (self-catering apartments for families and extended-stay guests). The portfolio addresses a horizontal segmentation strategy spanning budget backpackers, families, digital nomads, and tech-savvy travelers, with nightly rates ranging from €15 for hostel dormitory beds to €170 for the deluxe family suite. Distribution operates through a hybrid model combining direct bookings via the company's WordPress-based website and mobile app with broad presence across eight major OTAs including Airbnb, Booking.com, Hostelworld, Hotels.com, Trip.com, Orbitz, Travelocity, and Expedia.

The underlying technology stack is relatively conventional: a WordPress-based hospitality management system with integrated booking, payment processing (including a notable cryptocurrency payment integration via Binance merchant status for Bitcoin, Ethereum, and Binance Coin), and an iOS/Android mobile app. The company has launched two notable technology-adjacent products: Rodin Map, an interactive digital city guide platform covering Turkish cities where Rodin operates (rodinmap.site), and a planned 2025 Smart Hostel concept developed with augmented reality partner X-AR featuring AR technology, a custom robot receptionist, smart appliance automation, and unified guest management. Ancillary revenue comes from an in-room Indonesian cuisine partnership with Koali Restaurant and supplementary services such as laundry, airport transfers, and breakfast add-ons.

Rodin's business model is fundamentally transactional hospitality revenue: nightly accommodation fees supplemented by F&B commissions and ancillary service charges. The company is founder-led (Hakan Sahin as CEO) with a lean leadership team including a COO/CFO (Sezai, joined 2019) and a dual CMO/CTO (Sam, joined 2023), supported by external investor Javad and $150,000 in disclosed funding as of May 2023. No institutional venture capital or private equity backing is mentioned. Marketing relies on content (a travel blog about Istanbul and Turkish destinations), organic social media, earned press coverage across 400+ news sites, and direct OTA presence. Cumulative brand traction includes a 4.2/5 Google rating from 176 reviews and an 8.2/10 Booking.com score from 56 reviews, indicating modest but respectable reputation for a sub-50-employee, single-city operator.

Name

RODIN

Legal name

Rodin Istanbul

Website

https://rodinistanbul.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Rodin Istanbul is a privately held short-term accommodation operator in central Istanbul operating three properties (Rodin Suites hotel, Rodin Hostel, and Rodin Apartment) targeting budget backpackers, families, and digital nomads with pricing from €15-170/night, distributed via direct website, mobile app, and eight major OTAs.

Ownership category

akta.pro rank

Headquarters

HQ city

Istanbul

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Accommodation Services: Room rentals across three property types: hostel dormitories (6-bed and 4-bed), hotel rooms (economy to family rooms), and apartments. Nightly rates from €15 to €170. Revenue generated through direct bookings, OTA commissions, and walk-in guests.
2. Food & Beverage: Room service offering Indonesian cuisine from partnered Koali restaurant. In-room dining, packaged foods, beverages, and snacks available for order. Operating hours 12:00-20:00.
3. Ancillary Services: Additional revenue streams including laundry services, airport pickup/transfers, breakfast add-ons, and miscellaneous items (condoms, water, snacks).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Rodin Istanbul is a multi-format hospitality operator that runs three branded short-term accommodation properties in central Istanbul's Beyoğlu/Taksim district: Rodin Suites (hotel rooms from economy to deluxe family suites), Rodin Hostel (shared dormitory beds in 6-bed and 4-bed configurations), and Rodin Apartment / Taksim Sofa House (self-catering apartments for families and extended stays). Nightly rates span €15–€170, with guests booking direct, through OTAs, or as walk-ins, and accepted payments include fiat currency plus cryptocurrency via Binance Pay.

Product overview

Rodin Istanbul operates a portfolio of three accommodation properties in Istanbul, Turkey, supplemented by technology-enabled services and food & beverage partnerships. The core offering consists of three branded properties: Rodin Suites (hotel-style family rooms), Rodin Hostel (shared dormitory budget accommodation), and Rodin Apartment / Taksim Sofa House (self-catering apartment for families and extended stays). These are supported by Koali Room Service (an in-room Indonesian food partnership), the Rodin Mobile App (booking and guest management), and Rodin Map (a city guide platform for Rodin destinations across Turkey). All three accommodation brands accept cryptocurrency payments via Binance, and a Smart Hostel product with AR features is planned for 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Rodin Suites Hotel offering budget-friendly private accommodation in Istanbul's Beyoğlu/Taksim district, featuring private rooms with en-suite bathrooms and hotel-level amenities ranging from economy rooms (€45/night) to deluxe family suites (€170/night) for families and travelers seeking comfort at moderate prices.
• Rodin Hostel Hostel providing shared dormitory accommodation (6-bed mix and 4-bed mix configurations) in central Istanbul's Taksim/Beyoğlu district, targeting backpackers, solo travelers, and budget-conscious guests with dormitory beds starting at €15 per night and including shared facilities, free coffee and tea, and high-speed WiFi.
• Rodin Apartment (Taksim Sofa House) Fully furnished apartment accommodation in central Istanbul combining apartment-style privacy and self-catering facilities with hotel-level services, serving the family market segment and guests seeking extended stays or self-catering accommodation in Istanbul.

Quantifiable outcome

• Google rating 4.2/5 from 176 reviews
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered minor, flagship and core.

• Rodin MapminorOthers · 22 June 2023Rodin Map is an innovative digital platform developed by Rodin serving as a comprehensive tourist guide for travelers. The platform provides detailed information about every city in Turkey where Rodin hostels operate, including attractions, transportation options, recommended restaurants, and off-the-beaten-path destinations. Accessible via www.rodinmap.site.
• X-ARflagshipStrategic or Co-development Partner · 9 June 2023Strategic partnership with X-AR, an augmented reality design and development company, to create the world's first smart hostel with full AR technology integration. X-AR is responsible for overseeing and preparing the masterplan for the establishment of Rodin Smart Hostel, including system design, planning, and development. The smart hostel will feature AR technology throughout, custom robot receptionist, smart appliance automation, and unified platform management. Planned release: 2025 (earliest).
• KOALI RestaurantcoreStrategic or Co-development Partner · 31 May 2023Partnership with KOALI, described as one of the best Asian restaurants in Turkey, to provide Indonesian cuisine room service to Rodin guests. KOALI serves dishes including BAKMI GORENG, NASI GORENG, MIE ACEH, and specialty items like NASI KOALI with chicken satay and Sambal Matah. The restaurant is operated by Koali with food available through Rodin's room service from 12:00-20:00.
• BinancecoreTechnology or Integration · 22 May 2023Rodin Istanbul is a registered Binance merchant, enabling acceptance of cryptocurrency payments including Bitcoin, Ethereum, and Binance Coin. This positions Rodin at the forefront of the evolving financial landscape, catering to tech-savvy travelers and crypto enthusiasts with secure, borderless transactions.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Generator Hostels: Pan-European design-led hostel chain with multiple properties in major tourist cities. Direct peer on urban hostel format, target traveler (budget-conscious, design-aware), and multi-property brand-building approach — Rodin is essentially a single-city, smaller-scale analog of this model.
• Wombat's Hostels: European hostel chain with locations across Central Europe. Direct peer on shared-dormitory product, social common areas, and central-city urban locations — directly comparable to Rodin Hostel's product and audience.
• A&O Hostels: Large European hostel and budget-hotel operator combining dormitory and private-room inventory. Highly comparable to Rodin's three-format strategy (dorm / hotel room / apartment) and price-sensitive urban traveler focus.
• St Christopher's Inns: European hostel brand with a strong pub/bar social concept and central-city locations. Direct peer on the budget-hostel core, and the closest analog to Rodin's plan to layer food/beverage partnerships (Koali) onto accommodation.
• MEININGER Hotels: European budget hotel chain mixing hostel dorms and private rooms at single properties in central urban locations. Direct peer on hybrid dorm/hotel format and the price point (€15-€170/night) that Rodin targets.
• Freehand Hotels: Design-forward hybrid hostel/hotel brand combining shared and private rooms in central urban locations. Direct peer on the design-led, multi-format approach Rodin is pursuing with its hotel + hostel + apartment combination.

Others

• Hostelworld: Leading hostel-focused booking platform and one of Rodin's primary distribution channels. Indirect peer/ecosystem partner — comparable because Hostelworld shapes the demand and pricing environment in which Rodin Hostel competes, but not a direct operator.

Emerging players

• Travala.com: Crypto-friendly travel booking platform that accepts Bitcoin, Ethereum, and other tokens for hotel and hostel bookings. Direct parallel to Rodin's Binance merchant integration — a more developed version of the same crypto-traveler wedge.
• Kasa: Tech-enabled apartment-hotel operator offering self-catering stays in central urban locations. Direct parallel to Rodin Apartment / Taksim Sofa House on product, customer (family / extended-stay), and tech-enabled direct-booking model.

Broad incumbents

• Sonder: Apartment-style hotel operator offering fully furnished units with self-check-in and central-city locations. Broader incumbent comparable to the Rodin Apartment component — both target leisure and business travelers who prefer apartment privacy with hotel-style services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/rodinsuitesistanbul
• LinkedInlinkedin.com/company/rodinglobal
• Instagraminstagram.com/rodinistanbul

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RODIN