hospitality

Hotel management platform Mews books $75M round led by Tiger Global

Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded ‘unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at […]

Hotel management platform Mews books $75M round led by Tiger Global Read More »

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. The KKR-led round catapults Lighthouse to a valuation of over

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation Read More »

Oyo, once valued at $10 billion, shelves IPO plans for second time

Oyo, the once high-flying Indian budget hotel chain, has withdrawn its IPO application from the Securities and Exchange Board of India (SEBI) for the second time in a fresh blow to its already diminished ambitions. The Gurugram-headquartered startup, which at its peak commanded a valuation of $10 billion, pulled the plug on its IPO plans

Oyo, once valued at $10 billion, shelves IPO plans for second time Read More »