Search results for “Hotels”
OYO to raise $200 million for luxury push in US
09/18/2019|9:54:47 PM|
OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.
Hong Kong hotels witness all-time low occupancy at 63.9%
09/17/2019|5:10:59 PM|
Hong Kong reported a massive decline in hotel demand at 28.8% with average occupancy for August dropping 29.8% to 63.9%; competition increased as hotel supply rose 1.5%.
Fornova lands $7M in funding, plots rollout of business intelligence tech for hotels
09/05/2019|2:47:27 PM|
Leading investor A/O and Fornova have formed a design partnership which will see Fornova’s Hotels BI platform put into A/O’s portfolio of 150 hotels.
Hong Kong turmoil benefits Singapore MICE, hotels
09/04/2019|3:18:43 PM|
The unrest in Hong Kong proves to be beneficial for Singapore’s MICE and hospitality industries.
Virtual interlining model for hotels – set to compete with OTAs?
09/02/2019|5:24:45 PM|
Travelers generally find it tough to be flexible with their accommodation requirements in one itinerary. For instance, the idea of choosing different hotels in one location at one go or choosing different room options in one hotel to avoid the sold-out situation.
BTG Homeinns targets 4500 hotels by the end of 2019
08/29/2019|4:46:16 PM|
The expansion plan is being led by mid-scale hotels. In addition to this, BTG Homeinns is working closely with Hyatt Hotels to open their first UrCove hotel in 2020.
Accor on why digital transformation alone isn't enough for China
08/28/2019|2:48:33 PM|
Accor's Chief Digital Officer, Maud Bailly, acknowledges that even if a non-Chinese organization can transform and gear up for today's digital economy, it isn't prudent to go alone to make it work in China.
From sleepless in Singapore to $70 million for cut-rate hotels
08/19/2019|11:41:04 AM|
RedDoorz CEO Saberwal wants to build a company with a valuation of $1 billion by next year, possibly $5 billion in two to three years, by which time he hopes to take RedDoorz public.
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