Post by High Priestess on Mar 19, 2019 16:05:38 GMT
Once again AIrbnb shows its interest in hotels...
news.crunchbase.com/news/airbnb-eyes-oyo-indian-hotel-startup/
We told you Airbnb had some cash, and time, to burn before its IPO.
news.crunchbase.com/news/airbnb-eyes-oyo-indian-hotel-startup/
We told you Airbnb had some cash, and time, to burn before its IPO.
Coming off of an acquisition of last-minute booking company HotelTonight, Airbnb is eyeing another hotel startup, this time with the intention of investing. According to The Information, Airbnb may soon back Oyo, an Indian hotel startup. The investment would be between $100 million to $200 million.
Oyo, which says it’s “India’s largest hospitality company” helps manage budget hotels in India. It markets its rooms through Airbnb competitors like TripAdvisor and Booking.com,
Oyo, which says it’s “India’s largest hospitality company” helps manage budget hotels in India. It markets its rooms through Airbnb competitors like TripAdvisor and Booking.com,