Oyo’s parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism’s public listing. Recent financial performance shows strong profit and revenue growth for Oyo.Oyo’s parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism’s public listing. Recent financial performance shows...
Many companies have navigated recent economic and geopolitical uncertainties — but the CEO of travel conglomerate Booking Holdings has faced a steady stream of crises over the last two decades.Many companies have navigated recent economic and geopolitical uncertainties — but the CEO of travel conglomerate Booking Holdings has faced a steady stream of crises over the last two decades.
W Hotels, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary brands, unveils the global rollout of the newest season of Hotel Tales, an editorial-documentary series revealing the spontaneous moments that can only occur across the brand’s expansive global portfolio and enticing guests to “next time, be there.”W Hotels, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary brands, unveils the global rollout of the newest season of Hotel Tales, an editorial-documentary series revealing the spontaneous moments that can only occur across the brand’s expansive global portfolio and enticing guests to “next time, be there.”
As America’s labor market slows, AI-led interviews and auto-generated cover letters are dramatically changing the process of getting a job. And maybe not for the better.As America’s labor market slows, AI-led interviews and auto-generated cover letters are dramatically changing the process of getting a job. And maybe not for the better.
Peachtree Group (“Peachtree”) announced the grand opening of Home2 Suites by Hilton in Ashburn, Va., in the Washington, D.C. metro area. The 122-room hotel, located at 4870 Lakeview Overlook Plaza, was developed by Peachtree and is the firm’s seventh property completed and opened this year. Peachtree’s hospitality management division will operate the hotel.Peachtree Group (“Peachtree”) announced the grand opening of Home2 Suites by Hilton in Ashburn, Va., in the Washington, D.C. metro area. The 122-room hotel, located at 4870 Lakeview Overlook Plaza, was developed by Peachtree and is the firm’s seventh property completed and opened this year. Peachtree’s hospitality management...
roommaster, the unified Hospitality Management Software built by hoteliers for hoteliers, just announced the release of the all-new roommaster Premium Booking Engine, a next-generation upgrade designed to help independent and group hotels grow direct revenue, cut OTA costs, and deliver the seamless online experiences modern guests expect.roommaster, the unified Hospitality Management Software built by hoteliers for hoteliers, just announced the release of the all-new roommaster Premium Booking Engine, a next-generation upgrade designed to help independent and group hotels grow direct revenue, cut OTA costs, and deliver the seamless online experiences modern guests expect.
Every December, the industry puts out predictions. Most are safe. Most are vague. Most are easy to agree with because they do not require anyone to change what they do on Monday morning.Every December, the industry puts out predictions. Most are safe. Most are vague. Most are easy to agree with because they do not require anyone to change what they do on Monday morning.
In discussions around sustainability within the hospitality industry, attention is often drawn to large-scale initiatives, energy-efficient buildings, renewable power systems, or water conservation strategies. These are essential efforts, without question. However, there is a quieter, frequently overlooked contributor to environmental impact: packaging.In discussions around sustainability within the hospitality industry, attention is often drawn to large-scale initiatives, energy-efficient buildings, renewable power systems, or water conservation strategies. These are essential efforts, without question. However, there is a quieter, frequently overlooked contributor to environmental impact: packaging.
The 300-key Taj Cairo will be located at Opera Square, a district steeped in history and cultural significance in the heart of the capital. Overlooking the iconic Azbakeya Garden, one of the city’s oldest public parks, the hotel will offer verdant views in a historic urban setting, said a release.The 300-key Taj Cairo will be located at Opera Square, a district steeped in history and cultural significance in the heart of the capital. Overlooking the iconic Azbakeya Garden, one of the city’s oldest public parks, the hotel will offer verdant views in a historic urban setting, said a release.
Comfort Inn Emerald, Dapoli blends Konkan’s coastal charm with contemporary hospitality and features a multi-cuisine restaurant—Eat Local—and a rooftop lounge, Aqua Lounge Bar, along with a host of leisure amenities, said a release.Comfort Inn Emerald, Dapoli blends Konkan’s coastal charm with contemporary hospitality and features a multi-cuisine restaurant—Eat Local—and a rooftop lounge, Aqua Lounge Bar, along with a host of leisure amenities, said a release.