Budget Hotel Chain Oyo Continues Meteoric Growth With Vegas Hooters Acquisition
Danni Santana, Skift
Oyo is opening, on average, one new hotel per day. It should be available in all 50 U.S. states in no time.
6 months ago
Danni Santana, Skift
Oyo is opening, on average, one new hotel per day. It should be available in all 50 U.S. states in no time.
6 months ago
Danni Santana, Skift
Choice Hotels is showing a lot of patience with its Comfort brands, probably more than a $2.5 billion investment warrants. But early signs suggest it will work out.
6 months ago
Danni Santana, Skift
Want to talk about an easy public relations win? This is it. Hotel business and politics don't mix.
7 months ago
Danni Santana, Skift
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.
7 months ago
Danni Santana, Skift
Choice Hotels realized years ago that Comfort Inn's look was outdated. The company has to hope that spending billions on renovations and new marketing materials will make the brand successful again.
8 months ago
Danni Santana, Skift
It used to be that hotel CEOs outright dismissed homesharing. But now that more hospitality companies are taking the plunge, the top brass is making the case for why the hotel giants can do it better.
9 months ago
Isaac Carey, Skift
Choice knows where the money is, and right now it's not in midscale brands. Will upgrading Comfort Inn be enough to lift room rates?
9 months ago
David McLaughlin, Bloomberg
These are some pretty serious allegations but we'll have to wait and see how far this one gets before any juicy details emerge.
9 months ago
Deanna Ting, Skift
The bigger question the hotel industry is no doubt asking itself is this: Was this third quarter just a one-off? Or was it a sign of tougher times to come?
1 year ago
Deanna Ting, Skift
Does the world really need yet another midscale select-service brand? According to Choice Hotels, yes, yes it does.
1 year ago
Deanna Ting, Skift
That corporate tax rate has helped companies with their balance sheets, but will those extra dollars actually translate to increased travel?
2 years ago
Deanna Ting, Skift
Disruption in the travel industry is a universal constant, and we can certainly expect Amazon and Google to continue that tradition. An even more interesting question to ask ourselves for the moment: Why aren't Google and Apple doing more to get their smart devices into hotel rooms like Amazon is?
2 years ago