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OYO UK EXPANSION
India-UK FTA deal: Oyo’s Ritesh Agarwal says Indian startups set for major uplift, job creationIndia and the UK signed their long-awaited Free Trade Agreement on July 24, which is expected to boost bilateral trade by around $34 billio...- 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 to invest £50 million in the UK for growth in premium segment propertiesOyo is set to invest £50 million in the UK over the next three years, focusing on expanding its premium hotel portfolio. This investment is...
- Oyo to invest £50 million in UK to expand premium hotel portfolioOyo, the travel tech unicorn stated that the investment is expected to create 1,000 jobs in the UK hospitality sector over the next three y...
- Oyo parent, Oravel launch premium hotels in UK & Middle EastOyo's parent company, Oravel Stays Limited, launched its premium hotel brand, SUNDAY, in the UK and Dubai. The UK property, a restored hist...
- Oyo to use fresh funds for ‘enhanced business plan’ and global pushOyo's shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser's report, to raise funds and increase authorized ...
- Oyo's funding to finance global expansion, acquisitions: filingsET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary...
- Oyo seeks $600 million loan amid virus surgeThe high-profile startup, the first Indian unicorn to seek debt from foreign institutional investors, targets a loan with a five-year tenure
- 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.
- Ola, Oyo on UK-India Awards 2019 shortlistTaxi hailing firm Ola and hospitality group Oyo, which entered the UK market last year, will compete with Taj Vivanta in the Market Entrant...
- 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 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 expands international presence, enters Sri LankaOYO continues to look for opportunities to expand its international presence.
- Grab books $100 million Oyo to drive into Southeast AsiaHotel aggregator has raised $900 million in this round till date with the latest investment
- 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 Hotels enters IndonesiaAt the time of entry, the properties will be operated under models of manchise, lease with full - inventory control similar to other market...
- 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...
- 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's expansion isn't the best use of unicorn fundsFounder Ritesh Agarwal has big plans for the startup, which already has 10,000 hotels in 160 Indian cities.
- OYO checks into UK, to put £40 million over 2 yearsStarting its operations with four properties in London that would offer about 80 rooms, OYO plans to take the number to more than 5,000 roo...
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