India: Softbank-backed hospitality chain OYO is said to have confidentially submitted a “pre-filing” document for its long-anticipated initial public offering [IPO].
UK: Global travel technology company OYO has added 40 UK hotels to its platform and doubled its revenue in 2022 compared to 2021.
India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.
India: SoftBank-backed hospitality chain OYO has received $5 million in investment from global tech corporation Microsoft, according to a regulatory
India: SoftBank-backed hospitality chain OYO is rumoured to be edging towards an initial public offering [IPO] after hiring JP Morgan,
Qatar: Hotel operator General Hotel Management (GHM) has named Hani Akkari as the general manager of The Chedi Katara Hotel & Resort in Doha.
US: Hotel owner, operator and manager The Indigo Road Hospitality Group has added Bridge Creek Inn, located in Clayton, Georgia, to its portfolio of boutique hotels located throughout the south east and midwest.
APAC: Bed and mattress brand Emma – The Sleep Company has revealed it will open two dedicated sleep hotels in Sydney, Australia and Taipei, Taiwan.
Germany: Kennedy 89 will mark the debut of The Unbound Collection by Hyatt in Frankfurt and will be the second Hyatt-branded hotel in the city.
BHN speaks to Equinox Hotels’ CEO Chris Norton, and Shafi Syed, global head of development and acquisitions, to learn more about how guest needs are influencing brand value, identity, and offerings, the intersection of technology and luxury hospitality, and how Equinox is navigating development challenges. Filmed at the International Hospitality Investment Forum (IHIF) at the InterContinental Berlin.
UK: Hotel property adviser Christie & Co has been appointed to sell 18 hotels from the Coast & Country Collection on an individual basis.
EU: Lifestyle hotel brand art’otel, owned by PPHE Hotel Group, has revealed expansion plans in three European cities between autumn 2023 and early 2024.
Greece: Luxury hotel and residences Mandarin Oriental, Athens, will be developed within the urban regeneration project The Ellinikon and is set to open in the summer of 2027.
US: Robert Stevenson, who heads up the guest experience and staff management platform INTELITY, has been presented with the TravelTech Breakthrough Awarded for CEO of the year.
US: Sister brand of Lark Hotels, Bluebird by Lark, is set to open a new property in Stowe, Vermont on 7 June 2023.
