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Wil Slickers

2 posts

Prism Renames From OYO, Acquires Motel 6, Signals Potential India IPO Amid Strategic US-India Split

📈 Prism, formerly OYO, is led by CEO Ritesh Agarwal, who is focusing on a U.S.-India business strategy, highlighted by the acquisition of Motel 6. The company emphasizes affordable, extended stays with Studio 6, contrasting with the industry's shift toward upscale offerings. Prism is enhancing its budget hotel experience via tech advancements. An IPO in India is being considered, linked to the travel market's growth in the region.
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Hyatt Expands Into Non-Luxury Brands, United and Marriott Target Travelers with Ads Amid Strong Travel Demand

🌎 Hyatt is expanding into non-luxury brands and smaller markets to compete with Marriott and Hilton. Delta reports strong travel demand despite rising fuel costs. United Airlines and Marriott are turning planes and hotel screens into ad platforms. FAA orders flight reductions at Chicago O’Hare due to air traffic control shortages. In viral news, passengers’ disruptive behavior on flights sparks online debate. Meanwhile, Iguazu Falls, at the Brazil-Argentina-Paraguay junction, remains a popular tourist destination.
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