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UNBRANDED HOTEL INVENTORY
ixigo destined to be the largest player in mid market hotel segments over 4-5 years: CEO Aloke Bajpaiixigo's group CEO Aloke Bajpai sees hotels as the company's fastest-growing segment. The company is poised to lead the mid-market hotel seg...- India ready for a premium wealth show while US missiles rattle the worldIndia's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran w...
- Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
- Travel boom, festive cheer open jobs in hospitalitySome 70,000-80,000 jobs (a mix of permanent and temporary roles) are likely to be created as the festive pickup in demand also coincides wi...
- Oyo plans to double premium hotels in India this yearOyo plans to add approximately 1800 premium hotels this year. Oyo’s focus on premium hotels started in the last quarter of 2022 when it add...
- Hotels get a makeover as demand picks upHoteliers said the pandemic acted as a catalyst for rebranding opportunities, with a swelling list of asset owners approaching brands to ma...
- OYO forays into upper-end leisure resorts category; launches Palette ResortsOYO said it is curating a range of resorts that will offer exclusively designed staycations for those in search of an intuitive experience ...
- Treebo Hotels looks east to fuel expansionTreebo is looking to expand its presence in other business and leisure destinations like Ranchi, Patna, Gangtok, Darjeeling, and Puri.
- Carlson Rezidor Hotel to add 170 properties in India in three yearsThe company has hotels in 60 cities, including 16 in state capitals, and the strength of their growth has been because of the trust the hot...
- OYO signs MoU with Uttarakhand Tourism Development BoardOYO said it will leverage its expertise in transforming and standardising hospitality real-estate units and make local homestays better equ...
- It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
- AccorHotels to run Blue Rock’s Dwarka property under Mercure brand“Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said R...
- OYO Rooms to woo customers with new food technology venture and housekeeping serviceWith OYO Cafe, the company will aggregate its listed hotels’ kitchens to prepare food, which it will sell under its own brand.
- Online travel agencies like MakeMyTrip, Goibibo, Yatra blocked OYO & Zo Rooms from their websitesThe development comes at a time when OYO Rooms and Zo Rooms gear up for mega financing rounds in order to capture the budget stays market.
- Hotel aggregators reach out to hotel chains to acquire unsold inventoryApart from hotel chains, the increase in the number of players in the segment has led to differentiation of properties based on services.
- How online travel firms like Yatra and Cleartrip are enteringing into the budget accommodation spaceExecutives at OTA have set their sights on the burgeoning budget accommodation space as travellers in India increasingly prefer small, unbr...
- JHM Interstate Hotels & Resorts mulls India Exit, shuts Gurgaon officeThe Surat-based firm, which manages 6 properties in country, has already dismissed its Gurgaon-based team & plans to wrap up its India oper...
- Travellers are preferring small hotels and inns, thanks to good reviews on travel websitesTravellers in India increasingly prefer small, unbranded hotels and villas to star hotels, encouraged by their high ratings in popular hote...
- Hotels tap on-the-go busines clients with capsule stayIn a slow market, this concept allows players to boost their revenues by selling inventory twice over in a day.
- Housefull hotels make room for service apartmentsHaving filled the breach left by an acute shortage of hotels rooms in India, service apartments segment is coming into its own with the ent...
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