Search results for “hotel chain”
Why technology and hospitality need to be a balancing act
Hoteliers today need to find the right balance of technology and hospitality to cater to what their guests want.
How MakeMyTrip shut out two smaller budget hotels to favour OYO
FabHotels and Treebo had to find customers using other aggregators like Yatra, Cleartrip, or Booking.com to compete with a hyper-funded OYO.
OYO China fires 25 employees for unethical practices and misconduct
OYO had also formed an integrity committee to weed out instances of misconduct and unethical practices, while continuing to double down on corporate governance and ensuring compliance across levels.
Airbnb leads $160 million investment in business-travel startup
A source close to the deal said that Airbnb’s investment in Lyric does not include exclusivity; Lyric can and still will advertise its inventory not only on Airbnb but on other platforms as well.
Airbnb’s OYO investment could be its ticket to the East
Airbnb needs allies in China and this investment creates a soft alignment with Softbank.
OYO fully acquires Chinese rival startup Islands
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
OYO-MakeMyTrip extend commercial agreement for a further five-year period
The deal will continue to see the latter exclude OYO’s rivals, SAIF Partners-backed Treebo Hotels and Accel India-backed FabHotels, from its two primary platforms, including GoIbibo.
RedDoorz is raising $50 million to defend its turf against OYO
Malaysia and Thailand are particularly interesting markets for RedDoorz, but it isn’t looking to expand in 2019.
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