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Articles tagged “oyo”

Hotels

Oyo’s Recovery Work Includes Progress on Technology Fixes

Oyo will eventually fix its technology, but it will take a protracted period. It begs the question: Why did the budget chain engage in such a hyper-fast expansion in recent years, and insist on building its own operating system when it was clearly so lacking.

Oyo’s Recovery Work Includes Progress on Technology Fixes

Online Travel

Online Travel Innovation May Emerge From Big Tech Crackdown on 3 Continents

Regulators in China, Europe, and the U.S. can certainly screw up on execution of their goals with over-regulation, under-regulation, or initiatives that are off-target. But there's something happening around the globe that points to a new and potentially hopeful era for competition and innovation.

Online Travel Innovation May Emerge From Big Tech Crackdown on 3 Continents

Coronavirus

What’s Going On With Oyo, 10 Months Into the Pandemic

Oyo and its founder have long been accused of being heavy on spin even though all acknowledge that the hotel chain has been a category creator. This interview is excellent because Agarwal faced tough questioning. We know a politician who would have walked out.

Online Travel

Can Tripadvisor’s Grand Strategy Experiment Set It Apart?

Give Tripadvisor credit for its attempts mid-pandemic to diversify its various revenue streams at a time when Google is rising. But the latest push to get price-conscious travelers to book their entire trips on Tripadvisor will be a tough sell.

Can Tripadvisor’s Grand Strategy Experiment Set It Apart?

Online Travel

Google Cut Off an Online Travel Company and Sent In the Bill Collectors

With parent company Alphabet generating $79 billion in revenue in the first half of 2020, Google is relentlessly rolling out new travel products. Not to mention, it is dictating content-licensing and advertising terms to cash-strapped partners while a pandemic rages. Enough said.

Google Cut Off an Online Travel Company and Sent In the Bill Collectors

Coronavirus

IHG, Hilton, Marriott Among Hotel Giants Battling for UK Budget Hotel Chain

Major hotel companies are swooping into the negotiating room for a deal with Travelodge's UK landlords because they represent the most durable line of business in the volatile industry at the moment: economy, drive-to properties.

IHG, Hilton, Marriott Among Hotel Giants Battling for UK Budget Hotel Chain

Hotels

Oyo Will Lay Off Most of Its Furloughed U.S. Employees

Oyo's decision to part ways permanently with furloughed U.S. employees is tied to its view that the lodging company's full global recovery wouldn't occur until the second half of 2021. It's a nice gesture to give them stock options, although the jury is out on whether they'll be worth much in the long run.

Oyo Will Lay Off Most of Its Furloughed U.S. Employees

Hotels

Where Does Oyo Go From Here? The Long View This Week

Acknowledging a company's shortcomings is a first step toward fixing them. But Oyo will really have to transform its practices if it has any hope of mending relations with hotel owners, some of whom feel burned.

Where Does Oyo Go From Here? The Long View This Week

Hotels

Podcast: Oyo CEO on the Future of His Company

A path to survival for Oyo was already compounded by mounting problems pre-pandemic. But CEO Ritesh Agarwal says he has a plan to ensure that Oyo will be around for a long time. Don't miss out on him telling me what is behind that strategy.

Podcast: Oyo CEO on the Future of His Company

Coronavirus

Oyo Will Offload More Money-Losing Hotels as Part of Global Retreat

The hotel startup grew at a fast rate, so it will likely scale back at a similarly rapid pace. The question is: What happens next to those Oyo-branded properties?

Oyo Will Offload More Money-Losing Hotels as Part of Global Retreat