SoftBank Group has reportedly cut the valuation of Indian hotel-booking platform Oyo by more than 20 percent, Bloomberg reported on Thursday quoting people familiar with the matter.
This deal undoubtedly won't go down as one of the largest of 2022, but it shows the continued interest in investing in hospitality technology. Even Jerry Jones can recognize an interesting deal.
Have you ever claimed your value added tax back for things you bought during a trip to Europe? Then you probably used a Global Blue Tax Free Shopping service. Global…
Investment firm 777 Partners hasn't only bought 68 Boeing 737 Max jets for its budget airlines. It has also been rolling up software vendors, competing with other airline tech providers.
The smartest money appears to be warming to the emerging asset class of professionally managed short-term rentals and vacation rentals. But it's probably too soon to expect an "STR REIT," or short-term rental real estate investment trust, this year.
Hopper has been making a go of things with varied degrees of success for 15 years and the company is now finding its stride. Being a private company has its allures, but you can bet that Hopper executives would jump at the right deal. Who wouldn't?
Airlines, hotels, taxi firms and travel management companies owe more than half a trillion dollars. Here's how companies can offset price surges as their suppliers look to pay off mounting debts.
Sabre’s chief commercial officer Roshan Mendis has become an independent director, which seems enough to settle a dispute that could have derailed Yatra's plan to go public.