Oyo to partner with other companies for acquiring, managing four star hotels in IndiaAnchored by SoftBank, Oyo is in talks to raise another round of funds in the range of $1-1.5 billion at a valuation of $12.5 billion. - Sporting bonanzas abroad attracting more Indians nowAbout 15 lakh people were expected to visit Russia around the World Cup last year with Indians accounting for more than 20% of the number.
- India vs Pakistan world cup match most tweeted ODI on Twitter, generating 2.9 million tweetsIndia won by 89 runs in Manchester on Sunday to extend their unbeaten streak against Pakistan in world cup history.
- Startup India and WhatsApp announce winners of the $250,000 Grant ChallengeThe ‘Startup India – WhatsApp Grand Challenge’ was launched earlier this year to inspire entrepreneurs to develop solutions that have socio-economic impact on the Indian economy.
- Oyo's Chinese arm to up inventory to 500,000 rooms, list on CtripChina, Indonesia, UK big growth markets, says Oyo global chief strategy officer.
- Indo-Pak clash likely to be high-scoring… for hospitality sectorWe are expecting massive footfall anyway. The offers are just to add to all the excitement,” said Pramode Bhandari, area general manager at The Park Kolkata.
- Instagram wants to give more control to content producers with new creator a/c featureThere is also an opt-in mode, designed specifically for emerging markets with slow network areas with reduced image loading time.
- ICRA reaffirms Apeejay Surrendra Park Hotels Group’s long-term, short-term ratingsThe company has a portfolio of 20 hotels comprising 1,798 rooms.
- Indian Hotels, GIC to launch a dozen hotels in three yearsMost hotels would be under the Taj brand, but some might carry the Vivanta tag.
- ITC launches new hotel in KolkataITC said the hotel has been built with an investment of nearly Rs 1400 crore and has banquet and convention facilities covering a total area of 61000 square feet.
- Twitter launches its first consumer marketing campaign in IndiaManish Maheshwari, Twitter India’s MD said core to Twitter's 'live, public and conversational nature' is the idea that, no matter who users are, it gives people a voice to be heard.
- Yatra Online, ATB locked in bitter disputeIn a statement to the US Securities and Exchange Commission, Yatra said it intended to vigorously defend itself while cooperating fully with the police in their investigation.
- Leela assets sale deal may go the Jet way, fear stakeholdersAround 86% shareholders in favour of deal, over 70% institutional and non-institutional shareholders supported it.
- Short-haul destinations turn hot this summer seasonTravel to destinations like Thailand, Malaysia, Mauritius, Cambodia and the Maldives is picking up with the airlines of some of these countries also enticing travellers with attractive offers.
- Safety first: Hotels spruce up security systemsA series of bomb blasts ripped through high-end hotels such as Shangri-La and churches in Sri Lanka in April which killed nearly 300 people.
- Prahlad Singh Patel takes charge as Tourism MinisterPatel said the tourism sector provides immense employment opportunities and that work done in the past five years will be taken forward at a much greater pace.
- Indians go short-haul for a break, US and Europe stay expensive on Jet crisis, Pakistan curbPakistan extended the closure of its airspace to overflying aircraft till 5.30 am on June 15.
- SOTC Travel launches homestays in partnership with OYOTravelers can now book homestays starting at Rs 2,400 across 16 popular cities in India via SOTC Travel.
- Thomas Cook reports Rs 6,719 crore revenue for FY19TCIL's profit before tax grew 10x from 5.3 crore to 57 crore in financial year 2019.
- Advertisers under social media's influenceInstagram, which has 64 million users as per market research firm Statista, has launched new features like the Creator Account.
- OYO enters into a strategic partnership with CtripThe partnership will enable Ctrip to leverage Oyo's 'volume of low-cost assets' while OYO will benefit from Ctrip’s distribution network and platform ecosystem.
- Election dry days hit bars, restaurantsMultiple dry days this year, particularly around elections, have severely dented sales in restaurants and hotels.
- No private user details leaked: InstagramAn Instagram spokesperson said the database of Chtrbox had publicly available information from many sources, one of which was Instagram.
- Twitter recorded 396 million tweets for #Loksabhaelections2019Modi emerged as the most mentioned political personality throughout the course of elections on Twitter.
- WhatsApp gets over 75,000 requests to verify messagesThe India tip line was set up under a research project to combat fake news during the general elections held over seven phases from April 11 to May 19 and was launched by PROTO, an India-based media skilling startup.
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