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Articles tagged “oyo”

Hotels

The Story of Oyo’s Troubles Is the Story of Modern India

What’s happening with Oyo cannot be looked at separately from the modern Indian milieu that gave birth to it, and in which it operates. Oyo now needs to rise above that legacy and bring in the global business practices that ensure it survives and thrives in the future.

Rafat Ali, Skift | 4 years ago

The Story of Oyo’s Troubles Is the Story of Modern India

Hotels

Oyo’s Global Downsizing Hits U.S. as One-Third of Staff Is Fired in Biz Model Shift

If the cliché "no pain, no gain" applies to disruptor Oyo, then the chain is clearly in the pain part of that equation. The brand has definitely taken a huge reputational hit that will play out for months. There are certainly positives in Oyo's renewed value proposition to many properties if the chain doesn't trip over itself.

Dennis Schaal , Skift | 4 years ago

Oyo’s Global Downsizing Hits U.S. as One-Third of Staff Is Fired in Biz Model Shift

Tourism

Two Emblems of India Tourism Cut Costs to Stay Afloat

Air India and Oyo couldn’t be more different, not just in their respective businesses, but both could be gone in a New York minute if they aren’t able get past the biggest test they face currently.

Raini Hamdi, Skift | 4 years ago

Two Emblems of India Tourism Cut Costs to Stay Afloat

Hotels

Oyo Axes Staff and Pares Back Ambitions: Where Does It Go From Here?

Those unbelievable expansion numbers that Ritesh Agarwal used to rattle off? We won’t be hearing them again in 2020. The Oyo founder is forced to think of business sustainability. Let’s see if he’s adept at it.

Raini Hamdi, Skift | 4 years ago

Oyo Axes Staff and Pares Back Ambitions: Where Does It Go From Here?

Hotels

Why Oyo and Rivals May Not Be the Answer for Unchained Hotels in Asia

More than ever before, small independent hotels in Asia are in need of distribution and revenue management solutions. But Oyo and other budget hotel chains aren’t necessarily the ones that will be throwing them that lifeline.

Yixin Ng, Skift | 4 years ago

Why Oyo and Rivals May Not Be the Answer for Unchained Hotels in Asia

Tourism

IHG’s Asia Changes Show New Skills Required of Hotel Leaders

Roles are changing fast in the hotel industry. Some are gone, or going, like the chief marketing officer. Others require new skill sets. Even those at the top aren't spared. IHG's latest Asia changes remind us of this.

Raini Hamdi, Skift | 4 years ago

IHG’s Asia Changes Show New Skills Required of Hotel Leaders

Online Travel

Oyo’s Widening Losses and Other Financial Takeaways From Its Latest Filing

Oyo has disclosed a surge in losses in documents related to its $1.5 billion in new funding. The hospitality company claims it will turn profitable three years from now, yet Skift Research dug beneath the headlines to deliver analysis substantiated by Oyo's latest income statements.

Sean O'Neill, Skift | 4 years ago

Oyo’s Widening Losses and Other Financial Takeaways From Its Latest Filing

Tourism

A Drop in European Visitors to Thailand Is a Wake-Up Call

While it focuses on arresting a drop in Chinese arrivals, Thailand should spend equal or more time assessing why European arrivals are declining. It's the higher spending market. The reasons are different, and it's time for Thailand to look internally rather than blame external factors like Brexit, the baht, and a trade war for Europe's shrinkage.

Raini Hamdi, Skift | 4 years ago

A Drop in European Visitors to Thailand Is a Wake-Up Call

Hotels

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

WeWork's implosion is putting pressure on all of SoftBank's investments, Oyo included. If it's not changing course already, the budget hotel chain may soon have to decide whether, as CEO Ritesh Agarwal put it, to grow fast or grow right.

Dennis Schaal, Skift | 4 years ago

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

Tourism

Greenwashing Goes On in Asia’s Massive Hotel Development

Asia leads the global hotel pipeline and many more luxury hotels and wellness resorts will be opening in its fragile environments. Low-impact advocates are trying to lead by example, but they're too small and too few to effect a sea change.

Raini Hamdi, Skift | 4 years ago

Greenwashing Goes On in Asia’s Massive Hotel Development