Moody's upgrades OYO parent Oravel Stays rating; outlook stableMoody's Ratings has upgraded the corporate family rating (CFR) of Oravel Stays Limited -- travel tech platform OYO's parent firm -- and the...
05 Dec, 2024, 07.21 PM IST
Deutsche Bank to refinance Oyo's Term Loan BOyo is refinancing its $450 million debt and adding $375 million to acquire G6 Hospitality. Moody's upgraded Oyo's rating to B2, projecting...
05 Dec, 2024, 03.55 PM IST
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...
04 Dec, 2024, 03.20 PM IST
M3M India sighs MoU with parent company of Oyo to expand Sunday hotel across IndiaRealty developer M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed an MoU to expand the Sunday hotel brand ...
30 Aug, 2024, 09.32 AM IST
SUNDAY Hotel to open 25 premium hotels in India in by March 2025SUNDAY Hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel ...
06 Aug, 2024, 04.17 PM IST
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....
01 Jun, 2023, 09.52 AM IST
Fitch revises outlook on Oyo's IDRs to positive from stableFitch said it has also affirmed the rating on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subs...
31 May, 2023, 03.19 PM IST
Moody's expects Oyo to generate positive Ebitda for FY24Moody's also said on Monday it has affirmed Oravel Stay Limited’s (Oyo’s) B3 corporate family rating (CFR) as well as the B3 rating of the ...
08 May, 2023, 07.33 PM IST
IPO-bound Oyo gets in-principle listing approval from BSE, NSEIndian stock exchanges typically provide such go-aheads in advanced stages of the IPO approval process, thus signalling that the regulatory...
25 Jan, 2022, 03.33 PM IST
Oyo Rooms files DRHP for Rs 8,430 crore mega IPOOnline food delivery firm Zomato, in July, made a stellar debut on the bourses here setting the stage for domestic startups to ride on the ...
01 Oct, 2021, 12.34 PM IST
Oyo Hotels may file draft red herring prospectus next week for $1 billion IPOThe IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) fro...
23 Sep, 2021, 03.15 PM IST
Oyo adds 20 cr shares to existing ESOP pool, expands employee stock options to 63 cr sharesPeople familiar with the matter said over 80 per cent of current employees at Oyo have been granted ESOPs and around 12,000 current and for...
15 Sep, 2021, 03.30 PM IST
Expert finds a backdoor in Oyo’s data security systemsOyo said the vulnerability was limited to a single property and was fixed immediately.
02 Oct, 2019, 08.55 AM IST
HC restrains hoteliers associations from boycotting OYOThe court noted that OYO has an appropriate agreement with other hoteliers and service providers and the associations act of calling for bo...
26 Jun, 2019, 04.37 PM IST
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 ...
05 Feb, 2019, 11.42 PM IST
Indian startups resort to unsustainable discounting and court rooms to fight competitionStartups with more resources are leveraging their clout over the investment community to exert themselves, leading to the emergence of a ne...
08 May, 2015, 12.04 PM IST
Startup Wars: Oyo Rooms vs Zostel case gets murkier in Delhi High CourtZostel recently launched Zo Rooms, which rival hotel rooms aggregation start-up Oyo Rooms alleged is based upon copied data.
27 Apr, 2015, 04.00 AM IST