hotels

OYO Cuts Hotel Locations, Staffing After Quick Growth
OYO Cuts Hotel Locations, Staffing After Quick Growth
February 03, 2020  |  International

India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...

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Splitty Makes It Easier To Grab A Piece Of The Travel Industry
Splitty Makes It Easier To Grab A Piece Of The Travel Industry
January 31, 2020  |  Platform Payments

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online...

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Moving Travel Payments Into The Digital Age
Moving Travel Payments Into The Digital Age
January 31, 2020  |  Travel Payments

In the 21st century, for businesses across many verticals, disruption comes at the speed of digital. That’s especially true of the travel industry, where a...

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Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
January 28, 2020  |  International

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Bank runs. Trade wars....

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Life House Tech-Focused Hotel Brand Closes $30M Fundraise
Life House Tech-Focused Hotel Brand Closes $30M Fundraise
January 27, 2020  |  Investments

Ashton Kutcher is among the many investors closing a $30 million deal to help Life House continue its disruption of hotels, Life House announced on...

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OYO Reduces Hotel Room Count, Begins Layoffs
OYO Reduces Hotel Room Count, Begins Layoffs
January 14, 2020  |  Retail

As it encounters pressure from SoftBank, its largest investor, to cut back on operating losses, budget hospitality company OYO is quickly scaling back. The firm...

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Deep Dive: Travel, Hospitality Get A Millennial Makeover
Deep Dive: Travel, Hospitality Get A Millennial Makeover
January 13, 2020  |  Commerce Connected

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. They are old enough to have...

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Homesharing Platforms Vie For Millennial, Gen Z Travelers
Homesharing Platforms Vie For Millennial, Gen Z Travelers
January 10, 2020  |  Commerce Connected

With millennial travel spend expected to reach $1.4 trillion in 2020, hotels and home-sharing platforms are clamoring to win their business. But it takes more...

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Airbnb: How To Win The $1.4T Battle For Millennials
Airbnb: How To Win The $1.4T Battle For Millennials
January 09, 2020  |  Commerce Connected

Airlines, hotels and homesharing platforms need strategies to satisfy the travel needs of four generations of jetsetters, each with different payment and booking preferences. This...

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