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Chinese hotel mogul thinks now is the time to head abroad for deals

Chinese hotel mogul thinks now is the time to head abroad for deals

Ji Qi says in each of the market Huazhu lands on, it aims to become a top five player eventually.

06/13/2019|5:38:06 PM|SCMP
China’s hotel construction pipeline continues to expand

China’s hotel construction pipeline continues to expand

Both projects and rooms in the pipeline are at new all-time highs.

06/13/2019|4:03:42 PM|Hotel News Resource
Oyo eyes $10bn valuation in new $1bn funding round

Oyo eyes $10bn valuation in new $1bn funding round

If the deal goes through, it will make Oyo the most valued startup along with Paytm.

06/13/2019|9:50:37 AM|TOI
What If Accor acquires Oyo?

What If Accor acquires Oyo?

It takes three to four years for Accor to build a hotel in India thus investing in an existing successful chain is far and away the best way to quickly gain a strong foothold.

06/12/2019|3:21:32 PM|Skift
Inside the secret laboratory where Marriott is cooking up the hotel of the future

Inside the secret laboratory where Marriott is cooking up the hotel of the future

The hotel giant, which faces stiff competition from Hilton and Airbnb, uses the lab to get insights into the smallest details–from the shape of wall sconces to the location of electrical outlets.

06/11/2019|6:48:40 PM|Fast Company
Accor’s renewed focus – aspirational and experiential aspects of a guest

Accor’s renewed focus – aspirational and experiential aspects of a guest

The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.

06/11/2019|4:16:13 PM|ChinaTravelNews
Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC

Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC

Yanolja aims to conduct an initial public offering (IPO) as early as next year.

06/11/2019|2:47:07 PM|Deal Street Asia
Travel giants Airbnb and Ctrip tap OYO's emerging-market reach

Travel giants Airbnb and Ctrip tap OYO's emerging-market reach

It remains to be seen whether Airbnb and Ctrip can maintain a close relationship with OYO in the long term given their overlap in certain business areas.

06/10/2019|4:54:28 PM|Nikkei Asian Review
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