Articles tagged “oyo”

Online Travel

BREAKING: Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing

A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides Oyo the flexibility to change primary issue size to almost $900 million. A lot of that will depend on market conditions.

Peden Doma Bhutia | 3 hours ago

BREAKING: Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing

Tourism

Skift India Daily: Oyo Reportedly Ready to Slash IPO Size Even Further

Given the lackluster performance of several recent public market debuts in India and volatile market conditions, the Oyo IPO size coming down might be a strategic decision.

Amrita Ghosh | 3 days ago

Skift India Daily: Oyo Reportedly Ready to Slash IPO Size Even Further

Tourism

Skift India Daily: Airport-Like Design Is Coming to Kerala’s Thrissur Railway Station

Besides inking big ticket deals to accelerate the pace of different projects, Indian Railways now wants to satisfy the aspirations and demands of the modern commuter.

Amrita Ghosh | 2 weeks ago

Skift India Daily: Airport-Like Design Is Coming to Kerala’s Thrissur Railway Station

Online Travel

Oyo Drops Brand Guidelines for Competitive Edge as It Expands in the U.S.

Oyo's new focus on customer support could help, but its relaxation of brand standards in the budget sector could have big reputational risks.

Dennis Schaal | 2 weeks ago

Oyo Drops Brand Guidelines for Competitive Edge as It Expands in the U.S.

Tourism

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

With Indian airlines placing big bets on aircraft orders and deploying higher capacities on international routes, the global travel industry seems to be sitting up and taking note of the India outbound travel market's potential.

Amrita Ghosh | 3 weeks ago

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

News Blog

Oyo Claimed to Have Outpaced U.S. Budget Hotel Recovery

Oyo, which advertises itself online as "India's Best Online Hotel Booking Site for Sanitized Stays," said it is performing well in the U.S. — after de-emphasizing its U.S. presence during the height of the pandemic. The Oyo Las Vegas Hotel. Source: Danielle Hyams/Skift India is Oyo's largest market. The company said Friday that during 2022…

Dennis Schaal | 1 month ago

Business Travel

Dubai Accelerates Positioning as Remote Working Hub

The emirate’s digital nomad-friendly tourism blueprint, now endorsed by Airbnb, has a lot going for it. But rising accommodation costs could deter the more price-conscious traveler.

Matthew Parsons | 1 month ago

Dubai Accelerates Positioning as Remote Working Hub

Online Travel

Booking.com Alums and Other Online Travel Vets Team Up to Disrupt Cruise Bookings

Turning a large proportion of cruise bookings from offline travel agents into online instant bookings would be a big ask. Many of Cruisebound's backers don't need the money, but they will have to prove themselves again nonetheless.

Dennis Schaal | 2 months ago

Booking.com Alums and Other Online Travel Vets Team Up to Disrupt Cruise Bookings

News Blog

Oyo Still Keen to Pursue IPO Setting Mid-February Deadline for Refiling

Keen to pursue its long-anticipated initial public offering (IPO), hospitality tech company Oyo has said it would be refiling its draft red herring prospectus with the Indian stock market regulator Securities Exchange Board of India (SEBI) by mid-February. While the company refused to offer any estimation of the time it expects SEBI to take for…

Peden Doma Bhutia | 2 months ago

Online Travel

Booking Holdings Business Model Was Slowing Things Down Pre-Covid

Payments, flights and short-term rentals are paying off so far for Booking as part of its connected trip strategy. That's true even if there are doubts about travelers wanting to book their entire trip on one platform.

Dennis Schaal | 3 months ago

Booking Holdings Business Model Was Slowing Things Down Pre-Covid