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OYO TOWNHOUSE
IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26Oyo introduced company-serviced hotels in FY23, initially contributing less than 2% of its booking revenue. Since then, the rapid expansion...- Oyo to enter F&B with in-house kitchens and QSR cartsOyo is set to venture into the food and beverage sector. The company will introduce in-house kitchens and Townhouse Cafe QSR carts. This wi...
- Oyo restarts self-operated hotels, targets 200 new propertiesOyo closed its self-operated hotel model in 2020, just before the start of the first wave of COVID-19, and is restarting after three years.
- Oyo to add 750 hotels on its platform in next three months to tap peak travel seasonOyo said its key focus markets are Goa, Jaipur, Mussoorie, Rishikesh, Katra, Puri, Shimla, Nainital, Udaipur, and Mount Abu for the new hot...
- Oyo enters premium resorts, hotels category, launches Palette brandThe company has started 10 Palette resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bangalore. It will add 40 m...
- Oyo checks into premium resorts and hotels space with PaletteOyo said Palette resorts will be located in popular leisure destinations across India, while also catering to business leisure or bleisure ...
- Oyo rolls out accelerator programme for small first-gen hoteliersThe focus of the programme is on increasing the footprint of brands like Townhouse Oak, OYO Townhouse, Collection O and Capital O.
- Oyo plans to double premium hotels in India this yearOyo plans to add approximately 1800 premium hotels this year. Oyo’s focus on premium hotels started in the last quarter of 2022 when it add...
- Oyo records 83% YoY growth in business travel, Delhi emerged as most booked cityOyo said Delhi has emerged as the most booked business city, closely followed by Hyderabad. The other top cities in terms of bookings are B...
- Oyo plans to add around 400 properties in leisure markets by the end of this calendar yearThe company has added around 600 properties in leisure destinations so far this year. It will focus on 19 leisure markets such as Goa, Shim...
- Oyo makes Rohit Kapoor global chief marketing officer, Ankit Tandon takes on additional role of CEO-SEA and ME, Ankit Gupta elevated as CEO IndiaAnkit Gupta, currently the CEO of Hotels and Homes India will take on the role of CEO, India. All three leaders will report to the founder ...
- Oyo appoints former McKinsey executive as COOGupta is entrusted with the responsibility to strengthen and consolidate existing opportunities in the co-living, student housing, self-ope...
- Oyo launches 100th Townhouse hotelOyo said it plans to expand the brand to over 400 hotels in multiple cities from the existing 16, by the end of 2019 across India. Currentl...
- OYO to add up to 500 Townhouse hotels across India in 2019In all, the company has 68 Townhouse hotels in Delhi, Hyderabad, Bengaluru, Kolkata, Mumbai, Noida, Ghaziabad, Jaipur and Pune.
- OYO makes room for business travellersThe brand, priced higher than the more pocket-friendly OYO Rooms, is targeted at millennial business travellers and offers amenities like a...
- Oyo may soon start planning your wedding, parties with its Auto PartyThe company plans to offer integrated services like banqueting space, catering and decor along with dedicated event planners for clients an...
- Why Oyo may be the darkest horse in SoftBank’s India portfolioUnder Ritesh Agarwal, Oyo has registered an exponential growth in India, growing from 105 rooms in 2014 to 70,000 rooms now.
- OYO plans to hire 5,000 people in eight monthsGurugram-based firm will hire through the recruitment process outsourcing route. It has entered into a 7-year multi-million dollar contract...
- OYO launches 'OYO Townhouse' projectOYO said priced at Rs 2,500 and upwards, Townhouse provides a "unique" hospitality experience in the heart of popular neighbourhoods.
- Budget hotel chain OYO launches OYO TownhouseThe tariffs for OYO Townhouse will be upwards of Rs 3500. OYO plans to launch 250 Townhouse properties with over 10,000 rooms across 12 cit...
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