Thursday, March 28

Tag: treebo

Hotel Chain Treebo Lays Off 70-80 Employees
News

Hotel Chain Treebo Lays Off 70-80 Employees

Hospitality company Treebo has laid off between 70-80 workers, or about 10% of its 800- strong workforce. Currently, It consists of 800 people working under its brand. These layoffs are in line with the company's efforts to double down on its technology products and processes even as it looks to rationalise prices. Treebo Hotels is India's third largest hotel chain which operates in the budget segment of the hospitality industry. It operates on a franchise model and emphasizes quality control along with 10,000 rooms and 400 hotels in over 85 cities operating exclusively under its brand, it also competes with FabHotels and Oyo Rooms. As the company’s spokesperson said, "This, in turn, has allowed us to now take a critical look at our payroll and other costs, and rationalise them in line...
Treebo Makes its First Acquisition by Getting Hold of Events High
ACQUISITION

Treebo Makes its First Acquisition by Getting Hold of Events High

India’s third-largest Bengaluru-based Hotel chain, Treebo Hotels has made its very first acquisition by getting hold of an event and activity discovery platform that brings all events, movies and things to do in various cities of our country. The acquired company is known as Events High. The event company provides various kind of information to the customers regarding the events and activities and also the ability to book them in 8 cities (Bengaluru, Mumbai, Delhi, Chennai, Hyderabad, Pune, Kolkata and Goa). The activities that they offer consists of – concerts, heritage walks, treks and hikes, dance workshops, educational workshops, cooking classes, sports carnivals, summer camps, road trips, language festivals, parties and nightlife and various other adventurous activities and fun eve...