HOTELS

Treebo targets 1500 hotels

Treebo Hotels, a technology-enabled budget hotel chain, is one of the few new entrants in the market that has seen occupancy increase from 40-50% to 75%. Treebo Hotels was set up with the mission of providing a budget-traveller the best value for money by building a budget hotel brand. With …

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Credit worthiness rating for roomsXML

The company has now been rated MSE 2 by CRISIL which is significant especially in the light of travel suppliers going bankrupt in recent times. roomsXML Solutions Limited has now been rated MSE 2 by CRISIL, an S&P Global company. The rating indicates high credit worthiness, good financial strength and …

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Lords to expand in Nepal, ME and Africa

Lords Hotels & Resorts is looking at Southeast Asian countries to expand its footprints. Lords Hotels & Resorts is available across four brand segments. Lords Plaza largely caters to the business segment, while Lords Inn, Lords Eco Inn and Lords Resorts cater to the leisure segments. Rishi Puri, Vice President, …

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RARE aims at 44% occupancy

From four properties to now44, Rare Experiences & Destinations has grown by leaps and bounds, and with new partners coming on board, the group is hopeful to cap it at 50. Rare Experiences and Destinations recently organised an event in Delhi with its new partners on board including Bera Safari …

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Key to staying relevant in the changing market

OYO says they put in extra efforts to understand guests and believe this to be a key differentiator. The brand has now shifted to a revenue share model. Starting from one hotel in Gurgaon in 2013, OYO today is India’s largest hotel network with 7,000 hotels across 200 cities and …

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