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Hotels & Resorts Top Stories Trade News
According to a Business Standard report, IPO-bound hospitality major OYO has written to the Ministry of Tourism (MoT) requesting it to intervene and investigate the running of the Federation of Hotel and Restaurant Associations of India (FHRAI) and order eviction of erring executive committee members. The hotel aggregator urged the MoT to take necessary action […]Continue Reading
Hotels & Resorts Top Stories
Israeli start-up Joyned has today announced a commercial partnership with one of Europe’s leading vacation homes rental companies, OYO Vacation Homes. The partnership will see OYO test Joyned’s group booking software across its vacation homes brands in Europe. A global platform that provides full-stack technology to homeowners to help them secure customers from Continue Reading
Hotels & Resorts Top Stories
With the Competition Commission of India (CCI) on Wednesday imposing penalties of INR 223.48 crores and INR 168.88 crores on MMT-Go (GoIbibo and MakeMyTrip) and OYO, respectively, for anti-competitive conduct, the Federation of Hotel and Restaurant Associations of India (FHRAI) described it as “one of the biggest wins for the hospitality industry against the dominance […]Continue Reading
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Buoyed by the strong booking trends in the business as well as liesure travel segments, global hospitality technology major, OYO is looking to significantly increase hotels and homes (storefronts) in South India on its platform. The company intends to add around 35 hotels per week, a release stated on Monday. Currently operating around 1350 properties […]Continue Reading
Hotels & Resorts Top Stories
 India’s diversity of tourist destinations goes well beyond the beaches, hills and cities. As one of the oldest civilizations in the world with an all-embracing confluence of spirituality, heritage and traditions, India has always been a top choice for cultural travel at a global stage. As the pandemic pushed Indians to explore domestic destinations, cultural […]Continue Reading
OTAs Top Stories
OYO has added more than 1,250 corporates since March 2022. The recovery is led by small and medium enterprises, traditional business houses & conglomerates, startups, travel management companies as well as film production houses which have emerged as a key customer category for OYO in recent times. The list of top cities searched and booked […]Continue Reading
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