Articles tagged “unicorns”

Budget Chain Oyo Can Be a Nightmare for U.S. Hotel Operators Despite Its Hype

Budget Chain Oyo Can Be a Nightmare for U.S. Hotel Operators Despite Its Hype

Dennis Schaal, Skift

Oyo has a hype machine to rival any brand. But beneath all of the disruption, some hotel owners complain its technology is unstable and lacks functionality, leaving them to clean up the mess. Growth for growth's sake may seem great for a unicorn-like valuation, but the hotel chain will need to grapple with flaws in its business model that can't keep pace.

11 months ago

European Ride-Hailing Service Taxify Secures $1 Billion Valuation

European Ride-Hailing Service Taxify Secures $1 Billion Valuation

Dinesh Nair, Bloomberg

Taxify is making impressive gains, but will have to face the same threat of ridesharing regulation as Uber and other players.

2 years ago

The Unicorns: These Are the 15 Most Valuable Private Companies in Travel

The Unicorns: These Are the 15 Most Valuable Private Companies in Travel

Rafat Ali, Skift

The online travel booking world has seen few new successes in the last decade and this list reflects it. On the other hand, digital technologies are changing all other aspects of travel, transport and leisure activities.

5 years ago