From 4703
to the rest of ASEAN

Humble beginnings

Elevate began its journey with a single apartment, number 4703, in Ho Chi Minh.

In between extensive business travel for his prior full-time job, founder Jae Hoon expanded the portfolio and built Elevate into one of Ho Chi Minh’s most highly rated serviced apartment operators

7+
7+

Serviced apartments managed in top Ho Chi Minh towers

0%

Average occupancy for the 12 months ended June 2025

0%

Average occupancy for the 12 months ended June 2025

0.0
0.0

/ 5.0

/ 5.0

Guest Rating From Airbnb Stays

0%

Average occupancy for the 12 months ended June 2025

Started in the deep end

Elevate’s team built and refined its lean approach to operations from the ground up to overcome numerous challenges compared to the traditional hotel model.

Dispersion across multiple locations

Slower accumulation of reviews

Higher cost structure

Constant regulatory and other changes

Lack of institutionalization in sector

Dispersion across multiple locations

Slower accumulation of reviews

Higher cost structure

Constant regulatory and other changes

Lack of institutionalization in sector

Now, Elevate is leveraging this operational expertise—alongside deep local market knowledge—to rapidly scale its portfolio and establish ASEAN’s first value-focused, tech-integrated hospitality brand.

Contact Us

Interested in investing or working with us to take ASEAN hospitality to the next level? Let’s talk.

CONNECT WITH US

© 2025 Elevate Hospitality. All rights reserved.

© 2025 Elevate Hospitality. All rights reserved.

CONNECT WITH US

CONNECT WITH US

© 2025 Elevate Hospitality. All rights reserved.

Dispersion across multiple locations

Slower accumulation of reviews

Higher cost structure

Constant regulatory and other changes

Lack of institutionalization in sector

Started in
the deep end

Elevate’s team built and refined its lean approach to operations from the ground up to overcome numerous challenges compared to the traditional hotel model.

Now, Elevate is leveraging this operational expertise—alongside deep local market knowledge—to rapidly scale its portfolio and establish ASEAN’s first value-focused, tech-integrated hospitality brand.

Let's take ASEAN
hospitality to the next level, together.

Let's take ASEAN
hospitality to the next level, together.