CCI directs MakeMyTrip to relist properties of Treebo, FabHotels in four weeksOn Tuesday, the provisional directions were given by India's competition watchdog after both MakeMyTrip and Oyo conveyed that they had no o...
14 Jul, 2021, 08.20 PM IST
Gujarat HC stays March 9 CCI order concerning MakeMyTrip, Oyo, othersOyo argued that the order was passed by CCI without giving an opportunity to the company to be heard and was in violation of the principles...
23 Mar, 2021, 07.49 PM IST
CCI tells MakeMyTrip to relist Oyo rivals Treebo, FabHotelsThe move comes as an interim relief to Treebo and FabHotels amid an investigation into MakeMyTrip’s alleged misuse of its dominant position...
10 Mar, 2021, 06.01 AM IST
FabHotels lays off over 100 employees, to cut up to 20% salaryIn a mail to the company's employees, VaibhavAggarwal said travel and hospitality industry continues to be standstill driven by lockdowns i...
04 Apr, 2020, 02.37 PM IST
CCI approves FabHotels' request in FHRAI-Go-MMT-Oyo matterAs per the CCI order, on December 3, Casa2 Stays the parent company of FabHotels had filed an application seeking inspection of all documen...
19 Feb, 2020, 04.19 PM IST
Now, FabHotels draws hotelier complaintsA person familiar with matters at FabHotels alleged that while the budget hotel chain added several hotels over the past one year it also h...
13 Feb, 2020, 11.50 AM IST
FabHotels plans to double inventory by 2019Aggarwal said the company will also add some business and leisure cities.
13 Dec, 2018, 12.19 PM IST
Budget hotel chain FabHotels eyeing 30% revenue growth through loyalty programThe company wants to capitalise on the growing volume of millennials that make up a significant portion of the workforce today and travel r...
14 Aug, 2018, 08.05 PM IST
MakeMyTrip may take a stake in Oyo, to delist rivals Treebo, FabhotelsMakeMyTrip’s decision to bet on OYO Rooms is the latest in a series of moves aimed at cementing its partnership with the SoftBank-backed co...
07 Apr, 2018, 11.17 AM IST
FabHotels secures $25 million Series B funding led by Goldman Sachs Investment PartnersThe funds will further accelerate the nationwide expansion of FabHotels, the company stated.
26 Jul, 2017, 12.08 PM IST
After talks with Treebo fail, MakeMyTrip may invest in FabHotelsIf the deal goes through, it will be the Gurgaon-based MMT's most aggressive inorganic move to bulk up its presence in the budget hotel seg...
25 Apr, 2017, 08.40 AM IST
Treebo checks out of Ibibo, MakeMyTripTreebo, which counts Bertelsmann India Investments, SAIF Partners and Matrix Partners India among its backers, had listed more than 250 pro...
11 Apr, 2017, 01.32 PM IST
MakeMyTrip aims to take on smaller rivals Treebo & FabHotelsThis is also the first major announcement by the Gurgaon-based company since receiving the necessary clearances from fair trade regulator C...
27 Mar, 2017, 10.25 AM IST
Online budget hotel brands bet on corporate travelFabHotels has over 200 registered corporates and over 3,000 SME clients.
10 Aug, 2016, 09.18 PM IST
FabHotels gears up for expansionThe company, which operates in the online brand franchisee segment, secured $8 million in a series A round of funding from Accel Partners.
13 Jul, 2016, 11.35 AM IST
Hotels get ready to thwart budget aggregators like Oyo Rooms and WudstayBudget and midmarket hotel chains in the country are busy tweaking their growth strategies in the face of rising threat from budget accommo...
17 Sep, 2015, 07.52 AM IST
Accel, Kalaari invest in FabHotelsThese investments come at a time when Oyo Rooms, the largest and oldest player in this market, is in the midst of raising a $100-mn financi...
27 May, 2015, 10.44 AM IST