Byke hospitality - Truly asset light?


(Shyam) #249

Thanks Vinay. That explains the working capital.

Meanwhile, found this in Twitter space.


(Abhishek) #250

I think that is an extremely inaccurate statement to make. Why is it then that only in the case of Byke hospitality that negative rewiews are posted and not posted whereas there are tons of hotels where there are barely any negative reviews and tons of positive ones. I have personally seen hotels with no 1 or 2 star reviews at all.

At first glance the numbers of the company look good and worth digging into however, the tripadvisor ratings threw me off. I just cant see how a company in the business of customer service with bad customer service can create long term value.