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Articles tagged “oyo”

Hotels

Oyo Denies Reports of Withdrawing IPO, Source Says It’s ‘Exploring All Options’

The nearly three-year wait for an IPO launch just goes to show the immense challenges Oyo has faced in its plans to go public. Now, should the company manage to secure funds from investors beforehand, it will undoubtedly choose that path without any hesitation.

Peden Doma Bhutia | 7 months ago

Oyo Denies Reports of Withdrawing IPO, Source Says It’s ‘Exploring All Options’

Daily Lodging Report

Oyo Said to Seek $400 Million Fundraise

Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round for OYO Hotels & Homes Pvt.

8 months ago

Hotels

Ayodhya’s $10 Billion Revamp Sparks Ambitious Tourism Projections: India Report

Despite the surge in online travel searches, the ultimate success in reaching the 50 million tourist goal for Ayodhya hinges on translating the ambitious infrastructure plans into tangible reality.

Peden Doma Bhutia | 8 months ago

Ayodhya’s $10 Billion Revamp Sparks Ambitious Tourism Projections: India Report

Hotels

Oyo to Add 400 New Properties to Push Religious Tourism: India Report

Religious tourism has been experiencing a resurgence in India, and Oyo recognizes the importance of securing the first-mover advantage in this growing trend.

Peden Doma Bhutia | 8 months ago

Oyo to Add 400 New Properties to Push Religious Tourism: India Report

Airlines

India Registers 22% Jump in Licenses For Women Pilots: India Report

The 22% increase in the issuance of licenses to women pilots is a welcome step in a profession that is mainly deemed male-dominated.

Ashvita Singh, Skift | 9 months ago

India Registers 22% Jump in Licenses For Women Pilots: India Report

Airlines

Indigo Is First Indian Carrier to Carry 100 Million Passengers: India Report

IndiGo’s 100 million passengers also underscores the massive potential of the Indian aviation sector. No wonder airlines are keen to tap into it.

Ashvita Singh, Skift | 9 months ago

Indigo Is First Indian Carrier to Carry 100 Million Passengers: India Report

Tourism

Indian Travel Sector Could See 12-14% Growth: India Report

The Indian tour and travel sector is poised for robust 12-14% growth in the current and upcoming fiscal years. The growth, despite high airfares, shows cost doesn’t matter when it comes to travelling.

Ashvita Singh, Skift | 9 months ago

Indian Travel Sector Could See 12-14% Growth: India Report

Tourism

Vietnam Looks to Offer Visa-Free Entry to Indians: India Report

After Thailand and Sri Lanka, Vietnam is now keen to offer visa-free entry to Indians, a testament to the growing global recognition of India as a powerful force in outbound travel.

Ashvita Singh, Skift | 10 months ago

Vietnam Looks to Offer Visa-Free Entry to Indians: India Report

Daily Lodging Report

OYO Plans to Repay Debt Prior to IPO

OYO is planning to prepay a major portion of its RS 1,620 crore debt ahead of its long-planned IPO. OYO said they will prepay Rs 1,600 crore debt through a buyback process.

10 months ago

Airlines

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry

Amidst signs of resilience and revival, ICRA's report also highlights the financial strain that some airlines are under, despite incremental improvements. The Indian aviation sector, characterized by intense competition, high operational costs, regulatory issues, and market volatility, has historically been a challenging business environment for airlines.

Skift | 11 months ago

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry