MMT will focus on SMEs for growing the segment and around 2,500 SMEs have already expressed interest in adopting the product
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Tag: Yatra
OYO shifts strategy, moves away from ‘minimum guarantee’ model
In a move to reduce cash burn, Softbank-funded budget hotel accommodation provider, OYO Rooms has almost stopped giving minimum guarantee of occupancy, it offered to partner hotels. It now purely operates on a revenue share model, according to a top company executive. “Minimum guarantees have bee…