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"oyo"

  • PRISM introduces CheckIn vertical to unify OYO’s premium hospitality brands

    OYO’s parent firm PRISM has launched CheckIn, a new vertical unifying its premium hotels, homes, and experiences. Available in India and soon globally, CheckIn aims to serve the luxury travel segment with curated stays in destinations worldwide
  • OYO plans to double hotel revenue by FY26

    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.
  • OYO starts discussions with banks for IPO

    Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering
  • OYO to expand ‘SUNDAY Hotels’ to 100 properties by FY26

    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
  • OYO sparks outrage with controversial advertisement, #BoycottOYO trends on X

    Outraged users have taken to social media to protest against the advertisement, calling for a boycott of OYO.
  • OYO shares attract Madhuri, Gauri Khan, Amrita Rao

    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
  • Ghaziabad Police cracks down on unauthorised hotels using ‘OYO’ brand

    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
  • Oyo plans $125 million raise at $2.5B valuation: Report

    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.
  • OYO set to report its first net profit of Rs 16 cr in Q2 FY24

    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.
  • OYO to add 50 hotels, homestays in Rameswaram, Ramanathapuram

    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 Jaiswal Owner of Jaiswal Furniture is encouraging Young Indians to be their own boss

    Satish Kumar Jaiswal, a young and exuberant entrepreneur and owner of a successful furniture manufacturing venture
  • OYO founder Ritesh Agarwal’s father falls to death from Gurugram high-rise

    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
  • OYO launches ‘Super OYO’ in more than 70 cities in India

    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.
  • OYO announces partnership to support solo female travel across India

    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 […]
  • Oyo starts internal probe after couple filmed in Noida hotel

    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. […]
  • Couples secretly filmed at OYO Rooms; here’s how you can check for cameras

    Scary as it may sound, here are some precautions that couples can take to avoid tricky situations like these.
  • This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies

    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.
  • OYO offers special discount for women candidates appearing for NEET 2022

    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 […]
  • Opinion: Unsustainable model of Naya Bharat

    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 […]
  • Has IPO-bound OYO regained trust of its hotel partners?

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