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Oyo to launch a separate app for premium hotelsOyo is reportedly developing a separate app for its premium hotels and company-serviced properties, aiming to showcase its evolution beyond...- OYO group's premium hotel brand 'SUNDAY' opens first property abroadOYO's parent company, Oravel Stays, has expanded its luxury hotel brand, SUNDAY, to the UK and UAE. The first international SUNDAY properti...
- OYO opens first luxury hotel in Dubai, eyes boosting premium property portfolioOYO announced the opening of its first luxury hotel in Dubai, Palette Royal Reflections Hotel and Spa, targeting Indian tourists after Duba...
- H World Group sells 19% of its total stake in Oyo in private market, makes a return of 500%This transaction translates to a 0.15% stake sale of H World Group on a fully diluted basis. Before the share sale, H World Group held a 0....
- Oyo gets new CEO for South-East Asia and Middle EastVaidya's appointment is the latest by OYO which has been beefing up its leadership teams across multiple regions over the last 12 months.
- Hotelbeds & Oyo Hotels & Homes announce strategic distribution partnershipOyo will be able to distribute its hotel rooms via the wholesale channel, which operates under the name Hotelbeds name and the retail trave...
- Have created over 1 lakh direct and indirect jobs in India: OYOThe company has set up 22 OYO Skill Institutes in the country for training frontline staff in every aspect of hotel management in India.
- OYO starts apartment rental service in JapanSoftBank-backed OYO had, in February this year, formed a joint venture (JV) with Yahoo Japan Corporation to foray into the housing rental m...
- OYO expands international footprint with Saudi Arabia forayThese properties will be operated under the franchise model with full inventory control similar to other markets like India and China, OYO ...
- OYO hotel sales globally jump over 4-fold to USD 1.8 bn in 2018Globally, OYO Hotels & Homes is present in over 500 cities across eight countries.
- OYO reports revenues of Rs 327 crore in FY18The company clocked revenues of Rs 327 crore in its standalone results for the financial year 2017-18, a 200% jump from last the financial ...
- OYO expanding international footprint in Philippines: SourcesThe SoftBank-backed company, which ventured into international markets in 2016, already has a presence in the UK, the UAE, China, Indonesia...
- Oyo gets income tax notices for inaccurate filingPeople aware of the matter said the case is linked to non-deduction of tax deducted at source (TDS) on payments made by the company in asse...
- OYO launches OYO Home in DubaiOYO currently operates over 3,000 fully-managed residential accommodation in India across 25 cities.
- 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 offers to buy shares from employees, ex-workers for up to Rs 50 crThe company expects the total ESOP liquidity programme to be worth around USD 150 - USD 200 million over the next few years.
- OYO expands international presence, enters Sri LankaOYO continues to look for opportunities to expand its international presence.
- Oyo will be the world's largest hotel chain by 2023: CEO Ritesh AgarwalOyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playg...
- Oyo forays into long-term rental sector, targets young professionals migrating to new citiesThe division has on-boarded about 36 properties with 2,000 beds, and the plan is to scale it to about 50,000 beds in the next one year acro...
- After UK Foray, OYO Hotels is opening its door in UAEOYO Hotels is starting with 10 full-inventory franchised and operated hotels and more than 1,100 rooms in the three Emirates — Dubai, Sharj...
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