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Search results for “OYO”
FabHotels raises $7.8 Mn from Goldman Sachs & others in its ongoing Series B round
06/06/2019
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3:35:04 PM
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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.
Tencent to value OYO at $2 billion in a fresh round of funding
07/25/2018
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8:24:10 AM
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If the funding goes through, it will be the first round of financing not led by SoftBank.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020
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9:22:05 PM
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OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Redefining space with full-stack hospitality tech - how is OYO doing it?
07/02/2018
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9:51:32 AM
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The blend of technology, leveraging virtually every living space available in a destination, space design etc. is shaping up new ways of how and where one stays while travelling.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018
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11:58:59 AM
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Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Chinese hotel giant Huazhu offloads partial stake in Accor last year
04/25/2020
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8:22:54 PM
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Same-hotel RevPAR growth continued to slow down in 2018-2019, reflecting oversupply in hotel market and intensified competition in greater accommodation industry with alternative lodging.
OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief
04/10/2020
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12:27:48 AM
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Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.
NestAway in talks with Fosun, other Chinese investors for funding
02/22/2019
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2:06:47 PM
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If Fosun participates, it will be via its Chinese fund, not the Indian arm.
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