hospitality

India’s Oyo Hotel Startup to Target $9B Valuation in IPO

India’s Oyo Hotel Startup to Target $9B Valuation in IPO
India’s Oyo Hotel Startup to Target $9B Valuation in IPO
January 19, 2022  |  Startups

Indian startup Oyo Rooms is going public, seeking a $9 billion valuation, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to...

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Delta Airlines Q4 Earnings Shows That Travel Still Faces A Long Haul to Recovery
Delta Airlines Q4 Earnings Shows That Travel Still Faces A Long Haul to Recovery
January 13, 2022  |  Earnings

Just when you thought it was safe to travel — omicron. Sounding more like an expensive watch than a contagious disease, the COVID-19 variant smacked...

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theUp.co Nets $9.4M to Launch Hospitality ‘Super App,’ Hire Staff
theUp.co Nets $9.4M to Launch Hospitality ‘Super App,’ Hire Staff
January 05, 2022  |  International

London-based hospitality management platform theUp.co has raised $9.4 million (€8.3 million) on its mission to lead innovation in the hospitality sector, EU-Startups reported Tuesday (Jan. 5)....

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Nearly Half of Consumers More Likely to Stay at Hotels That Offer Hassle-Free Cancellations, Refunds
Nearly Half of Consumers More Likely to Stay at Hotels That Offer Hassle-Free Cancellations, Refunds
January 04, 2022  |  Travel Payments

As the rise of the omicron variant brings the pandemic back to the top of mind for consumers, if it wasn’t there already, providers of...

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76% of Consumers Unlikely to Return to a Hotel, Attraction or Venue That Denies a Refund Request
76% of Consumers Unlikely to Return to a Hotel, Attraction or Venue That Denies a...
December 27, 2021  |  Travel Payments

Hospitality service providers’ cancellation and refund policies significantly impact consumers’ interest in using their services again. In fact, 76% of consumers “agree” or “strongly agree”...

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Marriott’s Promise to Divulge Resort Fees Up Front May Cause Payments Ripple Effect In Hotel Sector
Marriott’s Promise to Divulge Resort Fees Up Front May Cause Payments Ripple Effect In Hotel...
December 15, 2021  |  Travel Payments

Mysterious and much-maligned hotel “resort fees” and “amenities charges” may finally be on the run, after hospitality giant Marriott International recently became the first major...

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Wyndham Rewards Members Can Cash in Loyalty Points With Bakkt
Wyndham Rewards Members Can Cash in Loyalty Points With Bakkt
December 14, 2021  |  Loyalty & Rewards

Members of hotel rewards program Wyndham Rewards can convert available points to cash via a new partnership with digital asset marketplace Bakkt, according to a...

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Room Keys for Some Hyatt Properties Available in Apple Wallet
Room Keys for Some Hyatt Properties Available in Apple Wallet
December 08, 2021  |  Mobile Wallets

Several Hyatt locations in the U.S. are now integrating hotel room keys with Apple Wallet so people can unlock their guest rooms by tapping their...

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iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
November 30, 2021  |  International

Global FinTech platform iOL Pay, a subsidiary of Illusions Online, went live in 37 countries to assist the hospitality payments space across North America, Europe,...

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