oyo

oyo

The company's portfolio currently comprises more than 23,000 hotels and 1,25,000 vacation homes, with over one million rooms globally.

Oyo to invest 300 mn euro to strengthen presence in European vacation rental mkt

The firm will aim to expand the presence of OYO Home, Belvilla and Dancenter brands across Europe.
14 Aug 2019 8:04 PM
Agarwal will buy part of the shares held by Lightspeed Venture Partners and Sequoia India

Oyo founder to buy back $2 billion shares

Softbank will remain the largest shareholder in Oyo with over 45 per cent stake
20 Jul 2019 1:29 AM
This deal would take the valuation of the company to around USD 10 billion.

OYO founder Ritesh Agarwal to buy back shares from early investors for USD 2 bn

Agarwal's stake in the company will rise from the current 9-10 per cent to around 30 per cent.
19 Jul 2019 2:36 PM
While addressing a press conference here on Tuesday, KHRA president Azis Moosa said Oyo’s moves have pushed small and medium sized hotels into crisis.

2-day strike by Kerala Hotel and Restaurants Association from today

The strike will not affect those who have already booked rooms for the two days.
26 Jun 2019 2:20 AM
Company has allocated approximately USD 100 million out of the USD 600 million earlier committed to being invested in China.

Oyo crosses 5 lakh room inventory in China, to invest USD 100 mn in 2 yrs

Oyo also claimed that it has now become the largest single hotel brand in China
25 Jun 2019 3:33 PM
OYO believes that this product has the potential to be a game-changer for our asset owners and to elevate their relationship with the company.

OYO launches Cash in Bank initiative for asset owner-partners

Asset owners will be able to meet their capital requirements for renovations and upgradation work within 48 hours.
29 May 2019 3:06 PM
"We are focused on enabling economic opportunities at every level and are committed towards generating gainful employment and entrepreneurship through our growing network of OYO Hotels and Homes in India," OYO India and South Asia Chief Executive Officer Aditya Ghosh said.

Have created over 1 lakh direct and indirect jobs in India: OYO

The company is helping empower multiple ancillary industries in the hospitality ecosystem by leveraging scale, OYO said in a statement.
10 Apr 2019 9:06 PM
OYO Hotels and Homes operates hotels, homes and living spaces with footprints in more than 500 cities across 10 countries.

OYO forms JV with Softbank to launch hotel operations in Japan

OYO Hotels Japan offers various values for owners such as dynamic pricing and reservation systems.
04 Apr 2019 1:17 PM
Flipkart is the most preferred workplace in India.

Flipkart, Amazon, Oyo top workplaces in India: report

Internet companies dominate the top 10 spots in LinkedIn's fourth edition of the '2019 Top Companies' list for India.
03 Apr 2019 1:18 PM
OYO - in-app SOS Button

OYO launches industry first in-app SOS button

OYO reiterates its commitment to bringing technology led innovations for enhanced safety of all the guests.
12 Mar 2019 10:15 AM
Once activated, the in-app SOS button generates a trigger alert to OYO’s Safety Response Team with the guest, booking, location and emergency contact details.

OYO launches in-app SOS button

OYO reiterates its commitment to bringing technology led innovations for enhanced safety of all the guests.
09 Mar 2019 3:30 PM
The significant uptrend in e-commerce funding was driven by increasing number of digital transactions, digital literacy, growing use of vernacular content, low mobile data tariffs and government's Digital India programme and also programmes such as Start Up India and Make in India, said Ankur Pahwa, Partner EY India.

E-commerce, consumer internet cos raised over USD 7 bn in 2018: Report

India is one of the most exciting destinations to invest in across the globe, Ankur Pahwa, Partner EY India.
08 Mar 2019 2:16 PM
OYO Life provides upgraded living experiences at affordable prices to young professionals globally, OYO said in a statement. (Photo: File)

OYO re-brands OYO Living to OYO Life

OYO Living was conceptualised based on the feedback and demand from the customers and asset partners.
25 Feb 2019 5:49 PM
It also plans to set up two OYO Skill Institutes, one in Riyadh and another in Jeddah to train Saudi graduates in hotel management, it added. (Photo: File)

OYO expands international footprint with Saudi Arabia foray

The company plans to create jobs for over 5,000 Saudi citizens by 2020.
20 Feb 2019 5:41 PM
Philippines is the 8th market for OYO.

OYO expands international presence, enters Philippines

OYO currently has over 13,000 franchised or leased hotels and over 3,000 homes as part of its network.
30 Jan 2019 2:34 PM
“We are concerned about how this will create inconvenience for guests, and impact travel and tourism,” the official said.

Hyderabad: Oyo threatens legal action

According to sources in the OYO, “the individuals who are leading the charge against OYO are not its franchisees or leasees.”
25 Dec 2018 6:36 AM
After a three-month Proof of Concept (POC), India’s largest hospitality company, OYO, signed on MoEngage Intelligent Marketing Cloud.

OYO partners MoEngage for Cross-channel marketing automation needs

OYO zeroed in on MoEngage for the POC, after a detailed evaluation of other platforms.
24 May 2018 4:00 PM
Award-winning chain of hotels in the value economy and mid-market category through MakeMyTrip and Goibibo platforms.

MakeMyTrip, OYO announce partnership for seamless bookings

The partnership also aims to add momentum to India's rapidly growing travel sector.
27 Feb 2018 2:52 PM
Hospitality major OYO on Friday inaugurated its new tech development centre.

OYO opens tech centre in Hyderabad

The Telangana government and OyO entered into partnership to develop hospitality ecosystem and skill development in the state.
09 Dec 2017 1:16 AM
Online hotel aggregator OYO has said it has cut losses to an estimated Rs 325 crore in FY17.

OYO cuts losses to Rs 325 crore in FY17

OYO also said it is looking to capture double digit share of the 4 million rooms market by 2020.
29 Jul 2017 8:00 PM

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