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MMT revokes termination for Treebo Hotels, FabHotels on its platforms

“The honorable CCI had passed a consent order for relisting of FabHotels and Treebo on our platforms. We have accordingly revoked the termination of their erstwhile agreement and paved the way for their hotels to be relisted under the old agreement to allay any potential concern in relation to the new agreements," a MakeMyTrip spokesperson said.

Rising travel  demand makes hospitality startups in India a  hot pick

Rising travel  demand makes hospitality startups in India a  hot pick Photo: Pixabay July 21, 2021 Hospitality startups across both budget and luxury segments have garnered the interest of investors who are betting big on the post-pandemic trend of staycations and workcations. This comes against the backdrop of branded properties becoming the go-to choice for travellers, driven by factors such people continuing to work from home. Backpacker hostel brand GoStops, which targets 18- to-35-year-olds looking for affordable accommodation, raised $1 million in July in pre-Series A round led by IAN and Yuj, the family office of Xander Group founder Sid Yog. Bengaluru-based budget hotel chain Treebo Hotels raised $16 million in June in Series D round led by hospitality group Accor.

Treebo Hotels Closes $16 Mn Series D Round Led By Accor & Others

Treebo Hotels Closes $16 Mn Series D Round Led By Accor & Others
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.

treebo funding: Treebo raises $16 million Series D funding from Accor and others

treebo funding: Treebo raises $16 million Series D funding from Accor and others
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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