Indian hotel chain OYO to raise $ 1 billion from Softbank and others

NEW DELHI (Reuters) – Hotel chain OYO Hotels said on Tuesday it would raise $ 1 billion from existing investors, including Japanese group Softbank 9984.T, to develop its activities in India and China, and to expand into new international markets. In the latest round of funding, which could value OYO at around $ 5... Read More

SoftBank leads $ 1 billion investment in Indian hotel reservation startup

NEW DELHI— SoftBank Group Corp. 9984 0.93% doubles one of its biggest bets in India by leading a $ 1 billion investment in hotel reservation start-up OYO Hotels. The Gurgaon, India-based company received $ 800 million in a funding round led by SoftBank’s Vision Fund, which SoftBank chief executive Masayoshi Son is using to... Read More

The Indian Hotel Company Limited (IHCL) signs a fourth Taj hotel in Dubai • Hotel Designs

https://hoteldesigns.net/wp-content/uploads/2018/09/AAG_Exterior_1-800×600.jpg 800 600 Hamish kilburn Hamish kilburn https://secure.gravatar.com/avatar/2edcad40930314dca244a6a9d0589916?s=96&d=mm&r=g 09/21/2018 07.03.2019 The opening of the new Taj hotel in 2022 will bring the company’s inventory to more than 1,000 keys in the city … India’s largest hotel company, The Indian Hotels Company Limited (IHCL), announced the signing of a new Taj hotel at Deira Creek... Read More