Search results for “budget hotel”
Spotlight on: the rise of poshtels
And although younger generations are driving the evolution, the demographic of poshtel bookers is diverse.
Potential bidders circle Thomas Cook as it hires turnaround specialist
EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
The world won’t take China’s money—and India’s online travel firms are benefiting
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
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”
OYO Near You will begin in Delhi and the surrounding region and then be launched in eight more Indian cities.
Weak Asia weighs on Accor first-quarter hotel room revenue growth
RevPAR in the Asia Pacific region contracted 0.6% in the quarter, RevPAR in China alone fell 3%.
Can OYO capture the unbranded hotel market in the U.S. and Europe?
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.
Spotlight on: low-cost long-haul travel
A large segment of travelers will use a cheaper price to enable them to travel more often, but equally they’ll choose to stay in a higher star accommodation.
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Leveraging 3rd party flagship stores for building "in China for China" business
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