Budget hotel chain operator Oyo has announced its intention to expand its UK presence with plans to increase its number of hotels to over 200 by the end of this year.
Take that money, watch it burn? Rating agency Moody's cautioned Oyo that it should instead consider sinking in the river the lessons it's learned about profitability.
India must increase investment and leverage public-private partnership models to build on its niche tourism offerings — such as medical, wellness and spiritual tourism — to attract more international tourists.
While tourism to India has still not recovered, losing business to global players will hurt the Indian travel industry. Will they be able to take advantage of the opportunity?
Oyo’s planned expansion into the U.S. comes shortly after the company revived its potential initial public offering plans. Surely, there's a lot brewing but not without a fair share of challenges.
India must ease travel formalities to attract more international tourists — apart from focusing on niche areas like medical, wellness, and spiritual tourism.
India-based hotel ownership and asset management platform Samhi Hotels has refiled draft papers with the Indian stock market regulator Securities and Exchange Board of India (SEBI) to raise an initial…