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Search results for “budget chain hotel”
Indian budget hotels chain FabHotels raises $25 million
07/27/2017
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3:20:58 PM
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FabHotels has more than 225 franchise hotels in over 20 cities, with over 10,000 rooms of capacity.
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.
Expedia, Booking.com warn AirAsia of turbulence in online travel plan
06/05/2019
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4:44:04 PM
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Battle will be fought with passenger data and services.
Can OYO capture the unbranded hotel market in the U.S. and Europe?
02/11/2019
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3:56:50 PM
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Physical and technological upgrades and higher revenue could make OYO a welcome opportunity for unbranded accommodations in the U.S., which number around 18,000 – 1/3 of all hotels in the country.
How MakeMyTrip shut out two smaller budget hotels to favour OYO
04/19/2019
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6:47:04 PM
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FabHotels and Treebo had to find customers using other aggregators like Yatra, Cleartrip, or Booking.com to compete with a hyper-funded OYO.
The world won’t take China’s money—and India’s online travel firms are benefiting
05/09/2019
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6:26:45 PM
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The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019
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6:10:46 PM
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As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
OYO enters experiences space with “OYO Near You”
04/24/2019
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5:59:45 PM
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OYO Near You will begin in Delhi and the surrounding region and then be launched in eight more Indian cities.
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