Search results for “budget hotel”
RedDoorz: The unlikely David to OYO’s Goliath in Southeast Asia
10/29/2019|6:21:44 PM|
By the end of 2020, RedDoorz is looking to triple its inventory—from the present 1,500 properties to 4,500.
Budget hotels drive Southeast Asia’s online travel growth to $34 Billion
10/09/2019|3:25:12 PM|
The region’s online travel market, comprising flights, hotels, and vacation rentals, is projected to grow to $78 billion by 2025, from $34.4 billion this year.
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.
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