Articles tagged “india”

An In-Depth Look at Hotel Chain Oyo’s Financials and Strategy: New Skift Research

An In-Depth Look at Hotel Chain Oyo’s Financials and Strategy: New Skift Research

Seth Borko, Skift Research

Oyo promises a new type of hotel company. It’s an asset-light brand that seeks to connect the global long tail of mom-and-pop hotels through its tech and distribution platform. But can it live up to the hype? Skift Research dives deep into Oyo’s business strategy and financial performance.

4 hours ago

Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even

Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even

Raini Hamdi, Skift

India’s largest online travel agency may beat analysts’ expectations and break even sooner rather than later. Ctrip, which now owns nearly half of the company, could be a factor. Another is boosting hotel content, which offers higher margins than air.

6 days ago

Tourists to Return as India Claims to Loosen Grip on Kashmir

Tourists to Return as India Claims to Loosen Grip on Kashmir

Aijaz Hussain, Associated Press

While India claims tourists will soon be welcome to return to Kashmir, the country's crackdown on locals will continue. Mobile phones still won't work, highlighting just how severe the Indian government's tactics have been in its attempt to put down an uprising in the region.

2 weeks ago

EbixCash Takes Over Cox & Kings’ Business Travel Clients in India

EbixCash Takes Over Cox & Kings’ Business Travel Clients in India

Isaac Carey, Skift

Some travel companies — Ebix among others — are rumored to be considering taking over all of the cash-strapped Cox & Kings.

4 weeks ago

Is Tour Operator Cox & Kings the Next to Fall?

Is Tour Operator Cox & Kings the Next to Fall?

Raini Hamdi, Skift

Debt-addled Cox & Kings appears to be teetering on the brink of collapse. It has closed its Australia/New Zealand operations. Virtuoso has severed ties with it — and a rescue does not look imminent.

4 weeks ago

India to Follow Europe’s Lead in Making Own Call on 737 Max

India to Follow Europe’s Lead in Making Own Call on 737 Max

Anurag Kotoky, Bloomberg

Now India, too, wants to make its own checks on the Boeing 737 Max before allowing the plane to fly in the country again, after European regulators this week said they would make their own call.

1 month ago

Singapore Airlines Picks a Tough Fight With Emirates in India

Singapore Airlines Picks a Tough Fight With Emirates in India

Manish Modi and Anurag Kotoky, Bloomberg

With no domestic market at home, and stiff competition from low-cost carriers in Southeast Asia, Singapore Airlines has no choice but to face epic battles elsewhere, such as fighting Emirates seen as a 'flag carrier' in India, for a share of that market.

3 months ago

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

Sean O'Neill, Skift

The past year has been a horror show for India's aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives deserve criticism for the company's relentless unprofitability.

3 months ago

IndiGo in the Spotlight as Owners’ Dispute Drags On

IndiGo in the Spotlight as Owners’ Dispute Drags On

Anurag Kotoky, Bloomberg

One of India’s biggest aviation success stories faces an uncertain future. With its two billionaire co-founders seemingly at loggerheads, other carriers have the chance to capitalize.

3 months ago

Oyo Founder Spends $2 Billion to Triple Stake

Oyo Founder Spends $2 Billion to Triple Stake

Saritha Rai, Bloomberg

It's a significant show of strength from the founder and gives him a bit more control over the company's future direction. It also makes the company almost as valuable as hotel giants like IHG ($12.5 billion) and Accor ($11.7 billion), a pretty remarkable state of affairs given it was founded in 2013.

3 months ago

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Sean O'Neill, Skift

Corporate travel and event planning seem to be the only profitable paths in India's online travel scene, at least for now.

3 months ago

Clash Atop India’s Budget Airline IndiGo Gets Ugly

Clash Atop India’s Budget Airline IndiGo Gets Ugly

Bloomberg, Anurag Kotoky

It’s no secret that the two founders of Asia’s largest budget carrier are fighting but now details have gone public. That’s bad for the airline, considered the best of the lot in India, as it outlines a course to expand aggressively.

3 months ago