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Search results for “OYO”
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020
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10:52:49 PM
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Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020
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10:12:26 PM
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Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
OYO’s Chinese rivals merge amid coronavirus outbreak
03/11/2020
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10:09:44 AM
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The IDG Capital-invested H Hotel has signed up a total of 2,500 hotels as of 2019, while Huazhu’s Elan Hotel has contracted over 600 properties.
TripAdvisor is trying to sell its vacation rental businesses
03/16/2020
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4:33:56 PM
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The TripAdvisor brand itself in vacation rentals would not be sold outright, but the demand could be licensed.
Home rental startup ZoloStays raises $30 million led by Nexus Venture Partners
01/08/2019
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2:15:51 PM
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ZoloStays’ revenue from operations stood at $3.88 million for FY18 while it incurred a loss of $576.24K. The startup plans to clock $14.4 million in revenue in the next financial year.
Indian hotel booking platform OYO acquires Novascotia to expand corporate offering
03/20/2018
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3:34:49 PM
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The acquisition will boost OYO’s portfolio by 350 exclusive rooms across locations where Novascotia has its footprints.
Global top 3 tourism nations unveiled, China's hotel markets remain strong and more
01/17/2020
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4:57:00 PM
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OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019
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4:42:58 PM
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Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
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