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What If Accor acquires Oyo?

What If Accor acquires Oyo?

It takes three to four years for Accor to build a hotel in India thus investing in an existing successful chain is far and away the best way to quickly gain a strong foothold.

06/12/2019|3:21:32 PM|Skift
Inside the secret laboratory where Marriott is cooking up the hotel of the future

Inside the secret laboratory where Marriott is cooking up the hotel of the future

The hotel giant, which faces stiff competition from Hilton and Airbnb, uses the lab to get insights into the smallest details–from the shape of wall sconces to the location of electrical outlets.

06/11/2019|6:48:40 PM|Fast Company
Accor’s renewed focus – aspirational and experiential aspects of a guest

Accor’s renewed focus – aspirational and experiential aspects of a guest

The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.

06/11/2019|4:16:13 PM|ChinaTravelNews
Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC

Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC

Yanolja aims to conduct an initial public offering (IPO) as early as next year.

06/11/2019|2:47:07 PM|Deal Street Asia
Travel giants Airbnb and Ctrip tap OYO's emerging-market reach

Travel giants Airbnb and Ctrip tap OYO's emerging-market reach

It remains to be seen whether Airbnb and Ctrip can maintain a close relationship with OYO in the long term given their overlap in certain business areas.

06/10/2019|4:54:28 PM|Nikkei Asian Review
Radisson plots co-branding pilot with new owner Jin Jiang

Radisson plots co-branding pilot with new owner Jin Jiang

With new Chinese owners in place, it seems sensible for Radisson to target both outbound travelers and the domestic market.

06/10/2019|11:33:04 AM|Skift
FabHotels raises $7.8 Mn from Goldman Sachs & others in its ongoing Series B round

FabHotels raises $7.8 Mn from Goldman Sachs & others in its ongoing Series B round

In December 2018, FabHotels has claimed to have about 10K hotel rooms across 450 franchising hotels in 40 Indian cities and shared plans to double its inventory to 20K rooms in 2019.

06/06/2019|3:35:04 PM|Inc42
China sees growing parent-child tourism

China sees growing parent-child tourism

China is seeing a growing market of parent-child tours, which account for up to 60 percent of the overall domestic and overseas travels, according to a survey conducted by the China Tourism Academy.

06/04/2019|6:25:16 PM|Xinhua
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