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In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. [15] In the same month, it invested $5 million in a startup called Bona Vita. [16] In January 2016, the China-based travel booking company Ctrip agreed to invest $180 million in MakeMyTrip. [17]
The number of hotels in Dubai was 567 with a total of 112,796 hotel rooms. The number of hotel apartment buildings was 188 with a total of 25,154 apartments. According to The Middle East Hotel Benchmark Survey by EY MENA, [ 9 ] occupancy rates in Dubai hotels decreased by 0.5% between January and October 2019 compared to the rate of 74% between ...
Wego is a travel app for flight search and booking in the MENA (Middle East and North Africa). [4] Formerly known as Bezurk, [5] [6] [7] Wego is a travel metasearch engine that was founded in Singapore in 2005. The company is headquartered in both Singapore and Dubai. It operates 76 country sites in over 22 languages and local currencies. [8]
The company is a proponent of scientific management. [26] After a 2012 randomized control trial using 242 employees and sponsored by professors at Stanford University and Peking University found that employees randomly assigned to remote work for 9 months increased their output by 13.5% versus the office-based control group, and their turnover rates fell by almost 50%, the company allowed ...
Carlton Hotels & Suites is a Dubai based multinational hospitality company that manages hotels mostly in the Middle East and Europe. It was founded 1977 with Carlton Tower Hotel in Deira and was the first five star hotel in Dubai. [2] The chain has nine directly managed hotels & three franchise operated hotels.
Treebo Trip Hotels offer basic comforts, Treebo Trend Hotels are the major chunk of properties, and Treebo Tryst Hotels are the premium Treebo properties. [13] In 2018, online travel agency MakeMyTrip dropped Treebo from their listings which led to a major hit on their revenues. They had to lay off 70-80 employees. [14]
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