Articles tagged “oyo”

Tourism

Vietnam Looks to Offer Visa-Free Entry to Indians: India Report

After Thailand and Sri Lanka, Vietnam is now keen to offer visa-free entry to Indians, a testament to the growing global recognition of India as a powerful force in outbound travel.

Ashvita Singh, Skift | 2 weeks ago

Vietnam Looks to Offer Visa-Free Entry to Indians: India Report

Daily Lodging Report

OYO Plans to Repay Debt Prior to IPO

OYO is planning to prepay a major portion of its RS 1,620 crore debt ahead of its long-planned IPO. OYO said they will prepay Rs 1,600 crore debt through a buyback process.

3 weeks ago

Airlines

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry

Amidst signs of resilience and revival, ICRA's report also highlights the financial strain that some airlines are under, despite incremental improvements. The Indian aviation sector, characterized by intense competition, high operational costs, regulatory issues, and market volatility, has historically been a challenging business environment for airlines.

Skift | 2 months ago

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry

Online Travel

Skift India Report: MakeMyTrip Partners with Cricket Fans to Elevate Homestay Standards

Bringing cricket superfans into the picture as "quality assurance ambassadors" makes total sense because these die-hard sports enthusiasts are the ones who'll be hitting the road to catch their favorite matches. It's like MakeMyTrip saying, "Let's cater to the people who are at the heart of the action."

Peden Doma Bhutia | 2 months ago

Skift India Report: MakeMyTrip Partners with Cricket Fans to Elevate Homestay Standards

Daily Lodging Report

Oyo Reported to Get More Financial Backing

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel Stays Pvt Ltd, the parent of Oyo.

2 months ago

Hotels

Skift India Report: Strong Hotel Growth to Now Return to Normal

While the Hotelviate report does highlight the surge witnessed in India's organized hotel sector, it also approaches the future with cautious optimism. It serves as a reminder that the exceptional developments witnessed in 2022-23 were unprecedented.

Peden Doma Bhutia | 2 months ago

Skift India Report: Strong Hotel Growth to Now Return to Normal

Tourism

Skift India Report: How Australia Is Gaining from India’s Tourism Growth

Destinations are betting big on India’s travel market. With a growing economy, young population, and rising middle class, the country is positioned to become one of the most lucrative outbound tourism markets in the world.

Amrita Ghosh | 2 months ago

Skift India Report: How Australia Is Gaining from India’s Tourism Growth

Online Travel

Yatra to Launch Indian IPO on September 15

Is this the beginning of a wave of IPO activity among Indian travel companies? Yatra is set to become the second online travel agency to be listed on the Indian stock exchanges, following EaseMyTrip. Both Ixigo and Oyo are also poised for potential listings, indicating a growing interest in the public markets within the Indian travel sector.

Peden Doma Bhutia | 3 months ago

Yatra to Launch Indian IPO on September 15

News Blog

Oyo India CEO and Europe Head Quit to Start Own Ventures

Ankit Gupta, the India CEO of hospitality technology platform Oyo, and Mandar Vaidya, the head of Oyo's European operations, will both be moving on from the company. "Ankit Gupta and Mandar Vaidya moved on from their roles six months ago in March 2023. We are proud of their achievements at Oyo and are thankful for…

Peden Doma Bhutia | 3 months ago

Tourism

Cricket World Cup 2023 Ignites Indian Travel Demand

The anticipation of the Cricket World Cup has sparked a surge in travel demand in India. By raising rates and expanding inventory, companies look to cash in on the cricket frenzy.

Saniya Zanpure | 3 months ago

Cricket World Cup 2023 Ignites Indian Travel Demand