Plans - TravelBiz Monitor: India travel news, travel trends, tourism

SoftBank-Backed Oyo to Shelve Plans for IPO in 2022

By TBM Staff - Hyderabad Friday, 27 May 2022, 2:30 PM 625

According to Bloomberg, Oyo Hotels, the once high-flying Indian startup, is shelving plans for an initial public offering in 2022 after a market downturn that would hurt its valuation, according to people familiar with the matter. The board of Oyo, formally known as Oravel Stays Ltd., talked through a change in the offering’s timing during […]Continue Reading

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Emaar Hospitality plans to expand MENA operations

By TBM Staff - Hyderabad Wednesday, 11 May 2022, 4:27 PM 939

Emaar Hospitality is planning to open new properties in the UAE and the Middle East and North Africa region this year and next as part of a continued recovery in international tourism from the Covid-19 pandemic. The hospitality arm of UAE’s biggest developer Emaar Properties is eyeing expansion with a new hotel in Bahrain in […]Continue Reading

Priority Pass Plans To More Than Double Ready 2 Order Lounge Footprint

By TBM Staff - Hyderabad Friday, 12 November 2021, 10:09 AM 1259

Priority Pass, the world’s leading traveller experiences programme, owned and operated by Collinson, has announced it plans to more than double the number of lounges and lounge experiences worldwide that will be offering its Ready 2 Order food and beverage (F&B) system. From today, the business will be gradually rolling out the service to an […]Continue Reading