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Search results for “budget hotel”
OYO CEO touts Indian hospitality start-up’s business model despite complaints
02/20/2020
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5:30:48 PM
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Ritesh Agarwal dismissed the complaints regarding layoff, aggressive expanding and inadequate compensation to hotel owners.
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.
How much did big travel companies spend on TV Ads in 2019?
01/09/2020
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5:17:19 PM
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Hotels increased U.S. national TV spend nearly 32 percent to $403.5 million in 2019 compared with the previous year.
OYO CEO claims backer SoftBank isn’t trying to sway its hotel strategy
11/12/2019
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6:09:30 PM
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OYO has cut its losses “by almost 50 percent year over year” according to its CEO.
What Booking.com’s rise in TV ads budget means for hotel brands
11/23/2017
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8:59:13 PM
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Priceline's Booking.com intends to shift marketing strategy away from performance-based advertising, with an intended 55% increase in TV advertising spend.
South Korea’s Yanolja invests further in Zen Rooms
10/17/2019
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11:50:09 PM
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The deal comes a year after Yanolja invested USD 15 million in Zen Rooms, with the right to fully acquire the latter in the future.
Budget hotel platform OYO launches asset management to trim losses
08/29/2017
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10:06:14 AM
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With losses of over USD 50.6 million in FY17, OYO launched asset management service to bring losses under control and enhance business growth.
SoftBank looks to Oyo after WeWork setback
09/19/2019
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4:18:00 PM
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80 percent of hotels in OYO's core markets of India and China are unbranded, giving the group a ready pool of neglected outlets to sign up. While it is a completely different picture in Europe and North America.
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