hotels

14 ARTICLES

hotels
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The silent rise of Airbnb in India

Minus any drama, Airbnb’s India business seems to be chugging along well. But with several competitors lining up, the stage is set for an interesting face-off.

17 Feb 2025

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Clearing the air on OYO

On the subjects of unmarried couples not being welcome at OYO and how exactly Ritesh Agarwal is buying up shares of his own company.

25 Jan 2025

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OYO India junks franchise model to become an aggregator, cut losses

The company is now just another aggregator in the budget hotel sector. And the shift does make sense; OYO wants to cut losses and its India business isn’t all that important anymore.

28 Nov 2024

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ITC’s profit falls marginally, Sun Pharma’s is up 34%

Cigarettes, hotels bring cheer, agriculture, paperboards disappoint for ITC. Meanwhile, formulations are the mainstay for Sun Pharma.

23 May 2024

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Hotels demerger a win-win for ITC if (and when) it happens

With the demerger of the hotels division looking imminent, ITC’s shareholders are hopeful that the drain on resources will end and the company will reap the rewards of an uptick in the hospitality sector.

07 Jul 2023

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Past misdeeds come back to haunt MakeMyTrip and OYO

A hefty penalty imposed by the competition watchdog and its wider implications are a cautionary tale for entrepreneurs and unicorns.

28 Oct 2022

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ITC Hotels’s ambitions are not big enough

A new-found aggressiveness may have cheered investors, but the second largest Indian hotel chain will have to do a lot more to catch up with the Tata group-owned IHCL.

10 Oct 2022

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Five Star’s IPO deserves a look and Mukesh Ambani’s NYC buy raises a query

The NBFC’s clarity on business strategy and RIL’s seeming lack of one with its latest acquisition make for an interesting contrast.

13 Jan 2022

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Ritesh Agarwal can’t save OYO

Eight years and upwards of Rs 20,000 crore in capital later, Ritesh Agarwal and SoftBank Vision Fund have brought the carcass of their ambitions to the public markets.

07 Oct 2021