Search results for “budget hotel”
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.
Tech-based hospitality company RedDoorz raises $45M Series B
07/29/2019|11:53:35 AM|
RedDoorz has operations in more than 80 cities in Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.
China's Hanting plans mega expansion to be world's largest hotel chain by 2030
07/17/2019|11:56:11 AM|
Hanting 3.0 mostly focuses on improving designs and digitization and will result in higher quality rooms but without price hikes.
OYO hotels in the US
07/03/2019|7:02:40 PM|
U.S budget market is a sweet spot that works really well with Oyo's capabilities.
Hotel unicorn OYO plots $300 million push into the U.S. market
06/20/2019|6:09:16 PM|
OYO aims to expand its U.S. offerings at five times that rate by the end of the year.
What If Accor acquires Oyo?
06/12/2019|3:21:32 PM|
It takes three to four years for Accor to build a hotel in India thus investing in an existing successful chain is far and away the best way to quickly gain a strong foothold.
Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC
06/11/2019|2:47:07 PM|
Yanolja aims to conduct an initial public offering (IPO) as early as next year.
Grab’s $100 million investment in budget hotel chain OYO reveals SoftBank’s firm hand
12/11/2018|3:12:32 PM|
In Southeast Asia, SoftBank has tasked Grab’s CEO Anthony Tan to form joint ventures with a handful of portfolio companies to help those startups break into the region.
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