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OYO expects to double revenue from its company-serviced hotels by FY26, raising their contribution to 44%. With over 1,300 such hotels in India, OYO plans further expansion across cities as part of its profitability and customer experience focus.

Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering

The SUNDAY Hotels have opened in 10 countries across the globe including India, the United Kingdom, Saudi Arabia, the United Arab Emirates, Bahrain, Indonesia, Malaysia, Thailand, Philippines, and Vietnam

Outraged users have taken to social media to protest against the advertisement, calling for a boycott of OYO.

Gauri Khan bought 2.4 million shares during the recent Series G funding round in August 2024 where the company raised over Rs 1,400 crores from a consortium of investors

As part of the operation, police visited the identified properties and issued warnings to their management, emphasising the legal consequences of using fake OYO branding, says travel tech company

TechCrunch reported on Monday, citing sources, that the global budget hotel chain is in the final stages of securing a new round of funding, aiming for $100 million to $125 million, which would lower its valuation to $2.5 billion.

Global travel tech brand OYO is set to report its first-ever profit after tax at Rs 16 crore in the second quarter of the FY24.

Hospitality technology platform OYO on Monday said it plans to add 50 hotels and homestays by the end of this year in Rameswaram and Ramanathapuram.

Satish Kumar Jaiswal, a young and exuberant entrepreneur and owner of a successful furniture manufacturing venture

Father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling from the 20th floor of a high-rise located on the Golf Course Road

The category called 'Super OYO' constantly analyses each hotel's performance on multiple parameters such as customer ratings and reviews, keeping maximum rooms operational consistently, smooth check-in experience, among others, said the company.

New Delhi: Hospitality technology platform OYO on Thursday announced a long-term strategic partnership with travel group Adventure Women India that encourages women to be active and adventurous. “As part of the engagement, members of the group will be offered multiple benefits along with the convenience to choose from the network of safe, clean and affordable […]

Noida: Oyo has initiated an internal probe after Noida Police arrested two people who allegedly placed a hidden camera in a hotel room and filmed a couple, officials said. The two accused had booked the same room in the Phase 3 police station area last month where they placed a hidden camera before checking out. […]

Scary as it may sound, here are some precautions that couples can take to avoid tricky situations like these.

According to the report the two major factors that have helped OYO improve unit economics as it turned EBITDA (adjusted) positive in the first quarter of FY23 is the broad-based improvement in travel trends and business restructuring by the company.

Hyderabad: OYO, the global hospitality technology company, has announced a special discount scheme for women candidates appearing for National Eligibility Cum Entrance Test (NEET) 2022. Under this scheme, all women candidates travelling to their NEET examination centres will be eligible to avail up to 60 per cent discount on their stay in OYO hotels across […]

By Arun Sinha Old India has been metamorphosing into a New India (Naya Bharat) under the “visionary and dynamic leadership” of Prime Minister Narendra Modi since 2014, so we are told. And Naya Bharat is bringing prosperity to all. Because the spirit that drives the train of New India is Sabka Saath, Sabka Vikas. Nobody is going to […]

The company has recently been affected by some of its hotel partners publicly complaining, filing cases and even writing to the regulator.

OYO has appointed investment banks like JPMorgan, Citi and Kotak Mahindra Capital to manage its public issue, they added.