Investment banker JP Morgan has extended a credit facility of INR 2 billion ($24 million) to hospitality chain Oyo, the Economic Times has reported. The funding aims to fuel Oyo’s accelerator program.
Investment banker JP Morgan has extended a credit facility of INR 2 billion ($24 million) to hospitality chain Oyo, the Economic Times has reported. The funding aims to fuel Oyo’s accelerator program.
The cost of Germany's Deutschland-Ticket - a cheap transport pass - is set to rise by about 18 per cent next year, a senior official said on Monday.
Platform 1 at Paddington Station is not usually a place I find myself at 11pm on a Monday night, but I’m here with good reason. I am about to catch Great Western Railway’s Night Riviera Sleeper from London to Penzance in Cornwall at the very tip of the UK’s southwest peninsula.
Having raised INR 3.33 billion ($40 million) from anchor investors on Friday, Ixigo opened its initial public offering (IPO) on Monday.
The central state of Madhya Pradesh could introduce a tourist registration system for its religious sites, including the Mahakaleshwar Temple in Ujjain, Skift has learnt from sources. The move aims to tackle the issue of overtourism and overcrowding at the state’s top tourist destinations.
A forecast from AAA estimates Memorial Day weekend travel will be up from last year with boosts in travelers across modes of transportation — but still shy of the all-time record set in 2005.
For years, residents of Barcelona’s La Salut neighbourhood have had to share their bus route with crowds of tourists.
If you fancy seeing some of Britain’s top sights on the cheap, this is the month to book some leave.
Since launching in April last year, Germany’s €49 public transport ticket has proved immensely popular.
Earlier this year, Germany introduced a new €49 public transport ticket that is valid on trains, buses and metro systems across the country.
A large part of India travels by bus and rail. And taking advantage of the country’s significant leap in online train ticketing is Ixigo — including its subsidiary ConfirmTkt — which leads the way with nearly 50% market share of India’s online travel.
The ground transport sector is behind the times: Many bus and train companies operate without a modern ticketing or operations system, sometimes tracking sales on spreadsheets and often forcing customers to carry paper tickets.
Good morning from Skift. It’s Wednesday, May 31. Here’s what you need to know about the business of travel today.
Indian online travel agency Ixigo is establishing its own independent hotel booking platform, co-founder and group CEO, Aloke Bajpai told Skift – currently, it works with Booking.com for those transactions.
Four travel tech startups have announced raises of more than $16 million this week.
Amtrak is rolling out a brand-new way to ride in the Pacific Northwest, and it’s not by train.
Visitors to LAX will find out what Los Angeles-based travelers already know; that there is limited public transportation from LAX to other parts of LA County. LA Metro may disagree, but there’s a big difference between taking a direct train to the airport, as in Europe, Japan and even JFK, versus taking a collection of buses, trains, and walking to get to (or away from) LAX.
Electric-powered travel is improving stateside.
Buses can be a cost-effective and efficient way to travel. I recently booked a $46 FlixBus ticket from Washington, DC, to New York City through the Greyhound site.
A string of Greyhound bus cancellations left dozens of travelers stranded at a truck stop in Boise, Idaho, local news outlet KTVB first reported.
As somebody who frequently travels between New York City and Washington, DC, I'm thankful for the many different transportation options available.
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