Page 4 - Hospitality
Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico
The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets
 "Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico")
Yatra.com partners with Amazon Business to cater to hospitality partners
Hospitality partners can leverage the Amazon Business marketplace as a one-stop destination to access a wide range of products
 "Yatra.com partners with Amazon Business to cater to hospitality partners")
Covid-19 crisis: $30-billion deal renewal headache for IT companies
Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.
 "Covid-19 crisis: $30-billion deal renewal headache for IT companies")
Letter to BS: Hospitality sector needs primary and generous succour.
The hotel and tourism industry has static assets to maintain as opposed to travel that has assets highly vulnerable to prolonged disuse
 "Letter to BS: Hospitality sector needs primary and generous succour.")
Exports likely to improve in May, contraction expected to be 30-35%: Goyal
Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.
 "Exports likely to improve in May, contraction expected to be 30-35%: Goyal")
Banks bat for package for beleaguered aviation, hospitality, realty sectors
Public sector bank executives said these three sectors have been hit badly in the immediate aftermath of lockdown announced in March 2020
 "Banks bat for package for beleaguered aviation, hospitality, realty sectors")
Hotels see room for growth as occupancy, rates move up
Hotels attribute this to rising corporate and leisure travel, and growth in foreign tourist arrivals
 "Hotels see room for growth as occupancy, rates move up")
