Neways Investment and Realty Development Ltd.

What Neways Investment and Realty Development Ltd. does

Neways Investment and Realty Development Ltd. (operating as Neways International Company Limited under the brands 'Neways3' and 'Super Hostel') is a privately held, 100% foreign-invested enterprise founded in 2014 and headquartered in Dhaka, Bangladesh. The company operates a network of managed co-living accommodation facilities branded 'Super Hostel', serving working professionals, female students and professionals, and Dhaka's general urban population seeking affordable, professionally managed housing in one of the world's most densely populated metropolitan areas. As of the most recent disclosures, 10 Super Hostel branches are operational across the Dhaka neighborhoods of Uttara, Mirpur (including a female-only branch), Baridhara, Badda, Shahbag, Dhanmondi, and Jigatola, with two additional Dhanmondi branches listed as under fit-out. The company runs an unusually vertical operating model with 15 in-house departments covering HR, IT, Legal, Architecture, Engineering, R&D, Supply Chain, Warehouse, F&B, Housekeeping, and Security.

The technology stack consists of an ERP system integrated with a facial-recognition-based employee attendance application (which performs real-time matching without storing biometric data on-device) and the Super Hostel Referral App — a mobile application that supports referral processing, booking history, and reward payouts via bKash and bank transfer. The facial-recognition attendance system is positioned by the company as a proprietary differentiator of moderate strength, while the referral app is positioned as an ease-of-use differentiator. Beyond these, no other proprietary technology, AI/ML systems, or platform integrations are documented in the available data.

Neways generates revenue primarily through recurring accommodation fees across its Super Hostel branches, supplemented by managed hospitality services (food and beverage, housekeeping, and facility management). Pricing is not publicly disclosed; prospective customers obtain quotes through a centralized digital inquiry system that commits to a 30-minute response. Go-to-market is direct-to-consumer, with no intermediary channel — customers engage via the company website, walk-in branch visits, or the digital quote request flow. The customer base spans individual professionals (B2C) and a small set of corporate clients, most prominently Hi-Tech Parks, whose employees are referenced through published testimonials. Distribution is wholly domestic, with no cross-border operations, and pricing is contract-style rather than publicly listed.

Name

Neways Investment and Realty Development Ltd.

Legal name

Neways International Company Limited

Website

https://neways3.com

Company type

Private

Founded year

2014

Operating status

Operating

Short description

Neways International operates a network of managed co-living accommodation facilities under the 'Super Hostel' brand across Dhaka, Bangladesh, serving working professionals, female students, and urban residents through 10 branch locations.

Ownership category

akta.pro rank

Product category

Managed Co-Living Accommodation

NAICS

Accommodation (721)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Co-Host / On-the-Ground Operations & Guest Services (BPAJAIAI)

Keywords

• Co-living accommodation
• Managed hostel services
• Shared living spaces
• Hospitality services
• Property management

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Accommodation Services: Core revenue from operating Super Hostel facilities providing accommodation solutions. Multiple branches across Dhaka offer rooms and living spaces to individuals and professionals.
2. Hospitality Services: Additional hospitality services including food and beverage, housekeeping, and facility management across branch locations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Neways International Company Limited operates a chain of managed accommodation facilities branded as Super Hostel across the Dhaka metropolitan area. The company provides co-living hospitality services through multiple branch locations, including dedicated female-only housing, supported by in-house departments covering operations, housekeeping, food and beverage, engineering, and security. It also runs a referral mobile application that facilitates bookings and reward payments.

Product overview

Neways International Company Ltd. operates a portfolio of 12 Super Hostel branches across Dhaka, Bangladesh — a chain of managed accommodation/hostel facilities spanning locations in Uttara, Mirpur (including a female-only branch), Baridhara, Badda, Shahbag, Dhanmondi, and Jigatola. These branches collectively form the company's core hospitality product line, providing affordable, managed living spaces addressing urbanization and housing challenges. Two branches (Super Hostel-10 and Super Hostel-11 in Dhanmondi) are noted as under decoration and not yet operational. In addition to physical hostel branches, the company offers the Super Hostel Referral App — a mobile application supporting referral processing, booking management, and reward payments — which complements the hostel accommodation services. The 15 internal departments (including HR, IT, Accounts, Legal, Supply Chain, R&D, Engineering, Architecture, and Housekeeping) support the delivery and operations of these accommodation services.

Differentiator

Problem solved

Functional benefit

Brands

• Super Hostel: The company's primary accommodation/hospitality brand, with branches numbered 3 through 12 operating across Dhaka, Bangladesh (Uttara, Mirpur Female, Mirpur, Baridhara, Badda, Shahbag, Dhanmondi, Jigatola locations).

Products and services

• Super Hostel - 3 (Uttara Branch)

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Hi-Tech ParksminorOthersClient relationship with Hi-Tech Parks for providing accommodation services to their employees and professionals. Referenced through testimonials from Hi-Tech Parks employees.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• OYO Rooms: Largest budget accommodation brand in South Asia operating franchised/managed hotels, homes, and co-living spaces — a broader incumbent in the same budget accommodation category where Neways operates as a regional specialist.
• FabHotels: Indian budget hotel chain offering standardized, professionally managed rooms at economy price points — a broader incumbent competing for the same value-conscious traveler segment, though operating hotels rather than hostels.
• Treebo Hotels: Indian budget hotel brand operating a multi-city network of standardized economy hotels — comparable as a broader managed-budget accommodation incumbent, though in the hotel category rather than hostels.

Direct peers

• Zolo Stays: Indian managed co-living/hostel operator running a multi-city network of professionally managed shared accommodation for students and professionals — directly comparable in scale, target customer, and asset-light managed-living approach.
• Your Space: Managed co-living operator in India providing shared and private accommodation for students and professionals — closely comparable to Neways in customer segment and managed-living business model.
• GoStops: Indian youth-travel hostel chain offering affordable shared accommodation across multiple cities with standardized branding — directly comparable to Neways' Super Hostel concept in target demographic and operating format.
• Zostel: India's largest backpacker hostel chain operating multi-city, branded, community-driven hostel accommodation — comparable as a managed, branded hostel network rather than a traditional hotel.
• CoHo: Co-living and managed accommodation operator in India targeting working professionals and students with fully furnished, professionally managed shared living spaces — a closely analogous operating model to Neways' Super Hostel network.
• Stanza Living: Large student and young-professional accommodation operator in India offering branded, tech-enabled managed living spaces — comparable to Neways in serving students/professionals with centralized operations and standardized service delivery.

Others

• Hostelworld: Global hostel-focused booking platform and distribution channel — not a direct competitor but an enabling distribution layer that Neways could leverage for international student/traveler demand into its Dhaka properties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/newaysinternational
• LinkedInlinkedin.com/company/neways3

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

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 Neways Investment and Realty Development Ltd.