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A total of 621 deals* were announced in the travel and tourism sector globally during January-October 2023, which was a decline of 31.8% compared to the announcement of 911 deals during the same period in the previous year, finds GlobalData, a data and analytics company. An analysis of GlobalData’s Financial Deals Database also revealed that […]Continue Reading
Hotels & Resorts Top Stories
Accor, a world-leading hospitality group with over 420 hotels across India, Middle East, Africa and Turkey, continues to expand its footprint in Madhya Pradesh by signing two Novotel properties in Bhopal and Indore, scheduled to open in 2026. Accor signed a management agreement with Kwality Developers and Amar Krishna Leisure pvt ltd for the two […]Continue Reading
Hotels & Resorts Top Stories
According to the Financial Express, Ritesh Agarwal led travel-tech firm OYO has agreed to acquire Europe-based vacation rental company ‘Direct Booker’, the company said in a statement Monday. The deal has been completed at an acquisition price of over INR 40 crore ( or USD 5.5 million), the company added. Through the acquisition, OYO will […]Continue Reading
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