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Articles tagged “budget hotels”

Hotels

Oyo Is Betting U.S. Strategy on Aggressive Dynamic Pricing

Oyo's dynamic pricing strategy could turn out to be a bit of a double-edged sword in the U.S., where the company faces greater competition. On one hand occupancy is sure to go up for many of its hotel partners, but if a majority of rooms are booked last-minute at incredibly low prices, hotel managers can start enduring some losses.

Oyo Is Betting U.S. Strategy on Aggressive Dynamic Pricing

Hotels

Oyo to Invest $50 Million in Vietnam to Grow to 20,000 Hotel Rooms in 2020

After Indonesia, Vietnam turns out to be the next big playground in Southeast Asia for Oyo, which is targeting 20,000 rooms in the country by the end of 2020. But the more Oyo rooms multiply like rabbits, the more people want to know about the real returns on investment.

Oyo to Invest $50 Million in Vietnam to Grow to 20,000 Hotel Rooms in 2020

Hotels

What If Accor Acquires Oyo?

A full-blown acquisition or a stake in a tech-focused budget hotel player by a global hotel chain would be yet another strange development in the hospitality industry. But as we've seen, nothing is really strange anymore. This is an interesting development to watch, as the implications could be far-reaching.

What If Accor Acquires Oyo?

Hotels

Oyo to Flood Japan With Budget Hotels in New Deal With SoftBank

Japan is a destination that’s never, ever described as affordable. But Oyo, with its budget hotel concept, could be transformational for its tourism economy.

Oyo to Flood Japan With Budget Hotels in New Deal With SoftBank

Hotels

Airbnb Hires New Transportation Head and 5 Other Hospitality Trends This Week

This week in hospitality, Airbnb picks a former Delta president to lead transportation, budget hotel chain Oyo enters the U.S. market, and Hilton CEO discusses what it means to "own a customer."

Airbnb Hires New Transportation Head and 5 Other Hospitality Trends This Week

Hotels

What Oyo’s Latest Results Say About the Business of Budget Hotels

The business of budget hotels is obviously hard when you consider Oyo’s latest financial report. But the startup, now five years in operation and bankrolled by SoftBank, appears to have the stamina to reach the breakeven point in the next few years.

What Oyo’s Latest Results Say About the Business of Budget Hotels

Online Travel

Oyo Enters the U.S. Budget Hotel Market

Oyo has a seductive model of renovating budget hotels, running them efficiently through technology, and marketing them directly to consumers. But the startup risks imperial overreach by entering markets like the U.S. that differ significantly from its core markets in India and China.

Oyo Enters the U.S. Budget Hotel Market

Hotels

Oyo Doubles Investment Plans in Southeast Asia to $200 Million

Oyo has the money to spend and is putting skin in the game to scale fast in Southeast Asia. The region’s industry will be hearing a lot more of Oyo in 2019. But not everyone may be enthralled.

Oyo Doubles Investment Plans in Southeast Asia to $200 Million

Hotels

Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains

On its own, Oyo entering Southeast Asia should concern existing budget hotel players. Oyo with Grab should make them go shaky in the knees. Consolidation or new alliances will not surprise anyone.

Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains

Ground Transport

Grab’s $100 Million Investment in Oyo Is Part of SoftBank’s Bigger Plan

Grab’s $100 million investment in Oyo is just the start of a strategy to have a tag-team under the same major investor, which is leveraging the strengths of each member of its portfolio. Expect to see more "teams of unicorns" attacking incumbents in the next year or so.

Grab’s $100 Million Investment in Oyo Is Part of SoftBank’s Bigger Plan