Oyo Said to Seek $400 Million Fundraise
Skift Take
Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round for OYO Hotels & Homes Pvt.
STR reported China hotel data for the week ended January 20th. STR said China hotel RevPAR was up 56.6% year over year. The RevPAR was up against a 28.2% year-over-year comp.
Aman Nai Lert Bangkok, the forthcoming hotel and branded residences from hospitality and lifestyle brand Aman, announced its opening is scheduled for the third quarter of 2024. Nestled in Nai Lert Park’s expansive tropical gardens Aman Nai Lert Bangkok comprises a 52 suite Aman hotel, inclusive of an expansive Aman Wellness, an Omakase restaurant, Teppanyaki restaurant and Jazz bar, plus Arva Italian dining concept, as well as 39 Aman branded residences situated on floors 11 to 36.
Saraca Hotels & Resorts has severed their tie-up with Thailand-based Lebua Hotels. As of January 1, 2024, both Lucknow and Corbett hotels have started operations as independent brands under Saraca Hotels. Lebua Hotels has now lost its footprint in India
